Property profile

0 Wi-54 New London, WI 54961

OFF-MARKET
Land
3.73 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 3.73 ac (162,479 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Wi-54 New London, WI 54961
New London metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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