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Property profile & analytics
OFF-MARKET
Land

0 Thornapple Dr Rhinelander, WI 54501

10.34 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 10.34 ac (450,410 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
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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