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    Of 4 Mile Rd Racine, WI 53402

    Sponsored
    For Sale
    $1,080,000

    Prime Agricultural Land - 100 Acres

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 100-acre parcel of land presents a unique investment opportunity in Racine County, Wisconsin. Located on the west side of State Highway 38, just north of Four Mile Road, in Caledonia, WI 53402 (42.7866535, -87.8303052), this property is zoned A-1 Agricultural, offering a wide range of potential uses within those parameters. The expansive acreage provides ample space for various agricultural pursuits, from traditional farming and livestock operations to potential future development within the permitted zoning regulations. The strategic location offers convenient access to major transportation routes, ensuring efficient logistics and connectivity. With its substantial size and desirable zoning, this property represents a compelling investment for those seeking a significant landholding in a thriving agricultural region. The asking price for this exceptional property is $1,080,000. Serious inquiries are encouraged to explore the possibilities this land offers. All interested parties are responsible for conducting their own due diligence regarding permitted uses and any necessary permits or approvals.

    Property Features for 0 Of 4 Mile Rd

    General Information

    Property type
    Land
    Lot Size
    4,356,000 SF

    HighLights

    • A‑1 Agricultural zoning.
    • High‑traffic location with excellent visibility.
    • Large lot size ideal for development or expansion.
    • Utilities readily available at the site.
    • Strong potential for future appreciation.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Racine
    County
    Racine
    State
    Wisconsin
    Longitude
    -87.8303052
    Latitude
    42.7866535

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    FAQs

    What type of property is this?
    Land - Prime Agricultural Land - 100 Acres
    Where is this land located?
    The property is located at Of 4 Mile Rd Racine, WI.
    What is the asking price?
    The asking price for this property is $1,080,000.
    What are key features of this property?
    This property features: A-1 Agricultural zoning.; High-traffic location with excellent visibility.; Large lot size ideal for development or expansion.
    Request Owner's contact information
    Of 4 Mile Rd Racine, WI 53402
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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
    Of 4 Mile Rd Racine, WI 53402
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