0 Wi-54, New London, WI 54961
Exceptional redevelopment opportunity awaits on this nearly four-acre parcel situated at the intersection of Highways 54 and 45, just east of New London, Wisconsin. This property boasts a highly visible location in a well-traveled corridor, ensuring excellent exposure for any commercial venture. Currently zoned residential, it includes an approved variance for self-storage development, eliminating a significant hurdle in the construction process. This variance has no expiration date. The relatively flat terrain of the 3.73-acre lot minimizes site preparation costs and streamlines the building process. The property's strategic location promises a consistent flow of traffic, making it ideally suited for a profitable self-storage facility. This is a turnkey investment ready for immediate development, offering significant potential for return. The property's address is WI-54, New London, Waupaca County, WI 54961. Asking price is $155,000.
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
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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.