0 Thornapple Dr Rhinelander, WI 54501
This exceptional 10.34-acre commercial land parcel presents a remarkable investment and development opportunity in Rhinelander, Wisconsin. Located on Thornapple Dr, within Oneida County, and conveniently situated in the 54501 zip code, this property is zoned R-3, offering a wide range of potential uses. A pre-existing subdivision plan is in place, encompassing 19 individual lots, with additional site work already completed, significantly reducing development hurdles and accelerating project timelines. The property's strategic location within the city of Rhinelander provides easy access to essential amenities, infrastructure, and a thriving community. The R-3 zoning allows for diverse development options, including apartments, single-family homes, and tiny homes, catering to a broad spectrum of potential projects and maximizing investment returns. This is an exceptional chance to acquire a well-positioned, ready-to-develop land parcel in a desirable Wisconsin location. The asking price for this significant opportunity is $375,000. Don't miss this chance to capitalize on the potential of this prime commercial land.
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.