Property profile

Lt0 Fellows Rd Genoa City, WI 53128

OFF-MARKET
Land
20 ac lot
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Property summary

AI-generated overview

Exceptional development opportunity in Genoa City, Wisconsin, presents a 20-acre parcel with a recorded subdivision plat for 45 single-family lots. This "shovel-ready" project, an extension of Ridgeview Subdivision known as Ridgeview North Subdivision, boasts a development agreement with the municipality, ensuring a streamlined process. Municipal utilities are either on-site or readily accessible. Conveniently located minutes from the Illinois border, with easy access to Highway 12 and County Highway H, and close proximity to downtown Genoa City. Each of the 45 unimproved lots has its own individual real estate tax bill. Priced at $649,000, this R-1 zoned property is ideal for builders, investors, or land developers seeking to capitalize on the high demand for new homes. This is a remarkable chance to establish a thriving residential community in a desirable location. The property is ready for immediate development.

Property profile

Verified
Property type Land
Lot 20 ac (871,200 SF)

Cap rate & NOI

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

Location

Lt0 Fellows Rd Genoa City, WI 53128
Genoa City metro
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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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