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    Old Spg St Caledonia, WI 53126

    • Land
    • 41.63 lot acres
    For Sale
    View listing
    $2,000,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Old Spg St

    Lot size
    41.63 lot acres
    Property type
    Land

    Description

    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.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Caledonia
    County
    Racine
    State
    Wisconsin
    Longitude
    -88.0021
    Latitude
    42.7781

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    Old Spg St
    Caledonia, WI 53126
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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
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