Lt0 Fellows Rd, Genoa City, WI 53128
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.
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.