Cherokee Ln Rhinelander, WI 54501
- Commercial real estate
- 12.90 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for Cherokee Ln
- Lot size
- 12.90 lot acres
- Property type
- Commercial real estate
Description
This exceptional 12.9-acre parcel presents a rare opportunity for developers seeking a prime location in Rhinelander, Wisconsin. Situated off N Stevens St on the Hwy 17 Bypass, this property boasts unparalleled visibility and accessibility. Its strategic location places it in close proximity to major retail establishments including Menards, and significant medical facilities such as the Aspirus medical clinic. The convenience is further enhanced by its adjacency to established automotive dealerships, including Toyota and GM, and the newly constructed Holiday Inn Express. Recently annexed to the City of Rhinelander and rezoned to R-3, this land is ideally suited for a diverse range of development projects. Potential uses include medical facilities, multifamily housing, and retail establishments, offering significant flexibility for investors. The buyer is responsible for verifying the final zoning classification and precise acreage, as the acreage is pending final approval from the City for a new CSM and/or Plat. This is one of the last large parcels available in this highly desirable area, making it an exceptional investment opportunity with significant long-term potential. Don't miss this chance to secure a prominent piece of Rhinelander's burgeoning commercial landscape. The asking price is $797,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Rhinelander
- County
- ONEIDA
- State
- Wisconsin
- Longitude
- -89.3722
- Latitude
- 45.6586