000 Riverwood Dr, Elmwood, WI 54740
This exceptional 20-acre parcel is part of Nelson's Riverwood Development in Elmwood, Wisconsin, offering a unique opportunity for residential development. The property boasts a desirable location within an established neighborhood featuring attractive homes. The land is conveniently situated with access to city water and sewer, simplifying the building process. The soil is sandy, making construction relatively straightforward. This offering includes multiple buildable lots; buyers can choose to purchase one or all available lots. A noteworthy feature is an additional 14-acre lot, also available, though it requires a private septic system and well due to its location at the development's edge. The property is located at 000 Riverwood Dr, Elmwood, WI 54740. The asking price for the entire 20-acre parcel is $233,000. This presents a compelling investment opportunity in a highly sought-after area. The lots are well-prepared, making them ideal for immediate development. This is a rare chance to acquire prime residential land in a thriving community.
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
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.