0 State Highway 64 Merrill, WI 54452
This exceptional 2.23-acre commercial and residential land parcel boasts unparalleled visibility from State Highway 64 in Merrill, Wisconsin. Its strategic location places it adjacent to Aspirus and a short distance from Walmart, ensuring high traffic and excellent exposure for any development. The property is zoned for flexible use, opening up a range of possibilities for retail, commercial, or even multifamily projects. The parcel's APN is 251-3106-132-0234. Utilities are readily accessible, with sewer and water available via Big Eddy Road. Furthermore, the potential for Tax Increment District (TID) funding exists for suitable projects, and the city of Merrill has expressed a willingness to collaborate on appropriate developments. This presents a unique opportunity for investors seeking high-visibility land in a thriving area. The asking price is $99,900. Consideration for subdivision is also possible. Note that an additional 6.32-acre parcel is also available for purchase separately.
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.