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    Property profile & analytics

    State Highway 64 Merrill, WI 54452

    • Land
    • 2.23 lot acres
    For Sale
    View listing
    $99,900
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 State Highway 64

    Lot size
    2.23 lot acres
    Property type
    Land

    Description

    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.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Merrill
    County
    Lincoln
    State
    Wisconsin
    Longitude
    -89.7328
    Latitude
    45.1771

    Comparable in this City

    • Value Estimation by Request
      6.32 Acres

      Wi-64

      Land • 6.32 Acres
      0 Wi-64, Merrill, WI 54452
      View Details
    • Value Estimation by Request
      6.32 Acres

      Wi-64

      Land • 6.32 Acres
      0 Wi-64, Merrill, WI 54452
      View Details
    • Value Estimation by Request
      8.03 Acres

      Pope Rd

      Farms • 8.03 Acres
      0 Pope Rd, Merrill, WI 54452
      View Details
    • Value Estimation by Request
      64.83 Acres

      G Co Rd

      Land • 64.83 Acres
      G Co Rd, Merrill, WI 54452
      View Details
    • Value Estimation by Request
      2.02 Acres

      Main St

      Land • 2.02 Acres
      0 Main St, Merrill, WI 54452
      View Details
    • Value Estimation by Request

      N1683 Country Rd

      Farms
      N1683 Country Rd, Merrill, WI 54452
      View Details

    Similar Nearby for Sale

    • $99,900
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      Hwy 64 Commercial Land - Merrill, WI

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    • $199,900
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      6.32 Acres Commercial Land, Merrill, WI

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    • $199,900
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      Merrill, WI Commercial Land - $199,900

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    • $160,580
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      Prime Merrill, WI Land Investment

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      Merrill, WI Industrial Land

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      Merrill Commercial Land - $300K

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    Similar Nearby for Lease

    • Contact for pricing

      Commercial Land with High Visibility

      Land with excellent visibility, ideal for retail or dining.
      S Pine Ridge Ave, Merrill, WI 54452
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    • $900 /Mo
      900 SF

      Merrill Office Space For Rent

      900 SF office space in a convenient Merrill location.
      187 Brandenburg Ave, Merrill, WI 54452
      View Details
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    State Highway 64
    Merrill, WI 54452
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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