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    Kern Ave Rice Lake, WI 54868

    Sponsored
    For Sale
    $200,000

    3.475 Acres Commercial Land, Rice Lake, WI

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Exceptional opportunity for developers and investors! This 3.475-acre commercial land parcel in Rice Lake, Wisconsin, is offered at $200,000. The property, identified by APN 2768001-64-050, is zoned for commercial use and presents significant potential. Located on Kern Ave, 54868, Barron County, this prime site boasts a strategic location south of 94 twin homes and near 58 residential sites, and across the street from over 60 acres of planned development, promising a substantial increase in the surrounding population. This translates to a high demand for neighborhood commercial services. The seller is willing to consider dividing the parcel. A 1.440-acre portion (APN 276-8001-64-050, Lot 3 CSM) is available for $125,452, and a 2.035-acre portion (APN 276-1788-41-000, Lot 41 Moon Lake Twin Homes) is priced at $177,290. This presents a unique opportunity to acquire a strategically located commercial property in a rapidly growing residential area. Don't miss this chance to capitalize on the tremendous upside potential of this exceptional location.

    Property Features for 0 Kern Ave

    General Information

    Property type
    Land
    Lot Size
    151,371 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Rice Lake
    County
    Barron
    State
    Wisconsin
    Longitude
    -91.728625105279
    Latitude
    45.473103041115

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    FAQs

    What type of property is this?
    Land - 3.475 Acres Commercial Land, Rice Lake, WI
    Where is this land located?
    The property is located at Kern Ave Rice Lake, WI.
    What is the asking price?
    The asking price for this property is $200,000.
    (715) 719-0880
    Request Owner's contact information
    Kern Ave Rice Lake, WI 54868
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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
    Kern Ave Rice Lake, WI 54868
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