Vacant Farmland with Crop
For Sale
$564,900
Lt0 7 Mile Rd, Racine, WI 53402
Vacant 40.73 acres currently used to raise crops under a verbal lease with a local farmer.
Property SizeContact for details
Lot Size40.73 Acres
Days on Market161
Property Features for Lt0 7 Mile Rd
General Information
Standard status
Active
Lot size
40.73 Acres
Property subtype
Land
Additional Details
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$166
Listing Agency:
Joseph Kiriaki Real Estate LLC
Listed By:
Joseph Kiriaki
(262) 620-7260
Source:
Exprealty
Added: Apr 1
Changed: Sep 5
Last Checked: Sep 7 at 11:18AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Joseph Kiriaki Real Estate LLC
Investment Insights
Based on property information with market context.
This vacant 40.73-acre property is currently used to raise crops and includes space suited to building a home along with room for a barn and other outbuildings. A verbal lease with a local farmer generates some annual income, while the land remains available for future improvements and development planning.
Located on 7 Mile Rd in Caledonia, Wisconsin, the property sits close to the Caledonia Conservancy Equine Trail system. The trail system is described as a 35+ mile network for equine enthusiasts, with features including cross country jumps, bridges, woods, and open fields.
For buyers looking for larger acreage outside an urban setting, this parcel offers an operating farmland component today while maintaining flexibility for equine-oriented uses and additional site improvements.
Located on 7 Mile Rd in Caledonia, Wisconsin, the property sits close to the Caledonia Conservancy Equine Trail system. The trail system is described as a 35+ mile network for equine enthusiasts, with features including cross country jumps, bridges, woods, and open fields.
For buyers looking for larger acreage outside an urban setting, this parcel offers an operating farmland component today while maintaining flexibility for equine-oriented uses and additional site improvements.
Key Highlights
- 40.73 acres of vacant land on 7 Mile Rd in Caledonia, WI
- Currently used to raise crops under a verbal lease with a local farmer
- Verbal lease generates some annual income
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
12
Businesses Nearby
Explore this area
Business Placement
Demographics for 53402, WI
33,621
Population
15,660
Households
2.1
Avg Household Size
41
Median Age
33%
College-Educated
92%
High-School Grad
20.0 sq mi
ZIP Area
1,681
Density / Sq Mi
$74,125
Median Household Income
$47,838
Median Earnings
$1,049
Median Rent
$224,200
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Agricultural land / Farmland - Vacant 40.73 acres currently used to raise crops under a verbal lease with a local farmer.
Where is this agricultural land / farmland located?
The property is located at Lt0 7 Mile Rd Racine, WI.
What is the asking price?
The asking price for this property is $564,900.
What are key features of this property?
This property features: 40.73 acres of vacant land on 7 Mile Rd in Caledonia, WI; Currently used to raise crops under a verbal lease with a local farmer; Verbal lease generates some annual income
