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    Land

    W6041 Badger Rd, Elkhart Lake, WI 53020

    39.3 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 39.3-acre property in Elkhart Lake, Wisconsin, presents a unique mixed-use development opportunity. Located near Road America, this strategically positioned land offers significant potential for a variety of projects, including hotel, grocery store, restaurant, and residential development. Currently zoned AG-1, future development will require approval from the Village of Elkhart Lake's planning commission, which is currently awaiting a comprehensive plan for the entire acreage. The property includes a single-family residence and features areas suitable for hunting and wetland conservation. A completed feasibility study is available upon request, with a summary provided upon acceptance of an offer, and the full study available at closing. The asking price is $3,400,000, translating to $86,514 per acre. The property's address is W6041 Badger Rd, Elkhart Lake, WI 53020 (APN: 59121585860). This presents a rare chance to shape the future of Elkhart Lake. The property's diverse potential, coupled with its prime location and natural features, makes it an attractive investment for developers seeking a significant project in a desirable Wisconsin location. The existing single-family residence offers additional possibilities for immediate income or future integration into a larger development plan. Serious inquiries are encouraged to explore the full potential of this remarkable property.

    Property profile
    Verified
    Property type Land
    Lot 39.3 ac (1,711,908 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
    Current use
    Occupant on record · Public records
    • LaBudde Creek Fishery Area Resort
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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