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Property profile & analytics
OFF-MARKET
Land

2903 County Road B Manitowoc, WI 54220

70.7 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 70.7-acre commercial property in Manitowoc, Wisconsin, presents a unique investment opportunity. Located at 2903 County Rd B, this expansive parcel sits at the north edge of Manitowoc City limits, conveniently situated between Goodwin Road and Woodridge Drive, east of Highway B. The property boasts a diverse zoning designation, allowing for both General Agricultural Use and Residential development, making it ideal for a variety of projects. The land itself is excellent farmland, presenting potential for subdivision development. Indian Creek flows through the property, adding a natural element to the landscape. Included in the sale are a vacant brick farmhouse, two barns, and three additional outbuildings, along with one silo. A 66-foot-wide dedicated city street runs along the southern boundary of the two largest parcels. Four residential lots have already been annexed into the City of Manitowoc. Note that any personal property within the outbuildings, and any standing cash crops, are excluded from the sale. All existing crops will be harvested by the current tenant. This property offers significant potential for both agricultural and residential development, making it a highly attractive investment. The asking price is $771,507. The property consists of six total parcels. Further details and maps are available upon request.

Property profile
Verified
Property type Land
Lot 70.7 ac (3,079,692 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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