227308 Shrike Ave Wausau, WI 54401
This exceptional 2.58-acre commercial land parcel in Wausau, Wisconsin, presents a unique investment opportunity. Strategically located with unparalleled visibility from I-39, this property boasts an estimated 55,000 daily vehicles passing on Rib Mountain Drive, less than 20 seconds from the interchange. Its prime location in Rib Mountain, a popular destination for both skiing and summer recreation, ensures high traffic and visibility. The area is experiencing significant growth, with plans for two to three additional hotels within a quarter-mile radius. This site is zoned Regional Commercial and offers the flexibility for purchase, build-to-suit projects, or even a land lease. While the existing signage remains with the seller, opportunities for prominent signage are available. The property's APN is 168-2807-033-0976. Serious inquiries are encouraged to explore the possibilities of this exceptional development site. The asking price is $650,000. All proposals will be considered, provided they are reasonable and mutually beneficial, with appropriate guarantees and security.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.