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Property profile & analytics
OFF-MARKET
Land

0 Old Spg St Caledonia, WI 53126

41.63 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 41.63-acre parcel, located on Old Spring Street in Mount Pleasant, Wisconsin, presents a remarkable opportunity for developers. Currently zoned AG-2, this property offers significant potential, particularly given its proximity to key infrastructure and recreational amenities. The land's location within Racine County, with an APN of 151032211009000, provides easy access to Interstate 94/41 via Highway C, ensuring excellent connectivity for future residents or businesses. The asking price for this expansive tract is $2,000,000. A significant advantage is the property's position bordering the Pike River Trail System, providing direct access to the Pike River Corridor and its associated pathways. Public parking is conveniently available on Old Spring Street. Furthermore, the Mount Pleasant Master Plan indicates a potential change to residential zoning, making this land highly attractive for residential development projects. This presents a unique chance to capitalize on the growing demand for housing in this desirable area, while also benefiting from the recreational opportunities offered by the nearby trail system. The property's size and strategic location make it an ideal investment for those seeking a substantial land holding with significant future development potential. Detailed information regarding zoning regulations and development possibilities is readily available.

Property profile
Verified
Property type Land
Lot 41.63 ac (1,813,403 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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