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    133 Clark St Stevens Point, WI 54481

    For Sale
    $849,000

    5 Acres, Business Zoning, River Views

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 5.03-acre parcel at 133 W Clark St, Stevens Point, WI 54481, presents a unique investment opportunity. Located on the Wisconsin River, this property boasts permitted Business Transaction zoning, offering versatile development potential. A Letter of Map Amendment (LOMA) from FEMA allows for construction on land previously designated as a floodplain, maximizing usable acreage. The remaining land can be utilized for patios, parking, water retention, and landscaping. The property benefits from four sewer laterals (largest 8") and four water laterals (largest 3") off Clark Street. Potential Tax Increment District (TID) funds may be available for suitable projects in conjunction with the city. Enjoy unparalleled access to the 27-mile Green Circle Trail, a walk/bike path adjacent to Mead Park-Sloman Park. Main Street and Pfeffner Park are also within walking distance. This prime location offers high-density residential development potential, combining riverfront living with convenient access to city amenities. The APN is 281-24-0831101326. The asking price is $849,000, representing a price per acre of $172,621.

    Property Features for 133 Clark St

    General Information

    Property type
    Land
    Lot Size
    219,107 SF

    HighLights

    • $849,000 asking price for 5.03 acres of residential land.
    • Located at 133 W Clark St, Stevens Point, WI 54481, with APN 281‑24‑0831101326.
    • Riverfront property on the Wisconsin River, adjacent to Green Circle Trail and parks, near downtown.
    • Zoned for business transactions; potential for high‑density residential development.
    • Existing utilities include sewer and water laterals; LOMA from FEMA allows for construction on previously restricted floodplain.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Stevens Point
    County
    Portage
    State
    Wisconsin
    Longitude
    -89.5907
    Latitude
    44.5195999

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    FAQs

    What type of property is this?
    Land - 5 Acres, Business Zoning, River Views
    Where is this land located?
    The property is located at 133 Clark St Stevens Point, WI.
    What is the asking price?
    The asking price for this property is $849,000.
    What are key features of this property?
    This property features: $849,000 asking price for 5.03 acres of residential land.; Located at 133 W Clark St, Stevens Point, WI 54481, with APN 281-24-0831101326.; Riverfront property on the Wisconsin River, adjacent to Green Circle Trail and parks, near downtown.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    133 Clark St Stevens Point, WI 54481
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