Current Use by Public Records
- Land
Property Details for 0 Reddelien Rd
- Lot size
- 70.00 lot acres
- Property type
- Land
- Property subtype
- Farms
Description
This exceptional 70-acre agricultural land parcel presents a compelling development opportunity in the vibrant city of Oconomowoc, Wisconsin. Located on Reddelien Rd, in Waukesha County, zip code 53066, this property boasts a strategic location on the west side of Oconomowoc, offering a harmonious blend of rural tranquility and urban accessibility. The land is situated directly across from the established Weston Meadows neighborhood development, providing immediate context for potential residential projects. Previous approvals for this site included plans for 88 multi-family units, 26 two-family dwellings, and 82 single-family homes, demonstrating significant development potential. The asking price for this expansive tract is $3,495,000. It's important to note that the acreage is not divisible. This presents a unique chance to acquire a substantial land holding in a thriving Wisconsin community, poised for significant growth and offering investors a strong return on investment. The property's convenient location adds to its appeal, making it an attractive proposition for developers seeking a prime location for a large-scale residential project.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Oconomowoc
- County
- Waukesha
- State
- Wisconsin
- Longitude
- -88.5308
- Latitude
- 43.1129
