0 County Road R Stevens Point, WI 54482
This exceptional 74.51-acre commercial land parcel presents a unique investment opportunity in Plover, Wisconsin. Strategically located on County Road R, between Crossroad Commons and Porter Drive, this property boasts a prime development location. Zoned PDD (Planned Development District), it allows for both commercial and residential uses, offering significant flexibility for diverse development plans. The asking price is $2,400,000, translating to approximately $32,895.16 per acre. Further enhancing its appeal, the land is situated within Plover's TIF District #6, potentially offering cost assistance for infrastructure improvements, such as extending Crossroads Drive to Porter Drive, subject to Village of Plover approval and development plans. Existing infrastructure includes sewer and water laterals located at the Porter Drive lot line. To facilitate a smooth transaction, the seller will cover the agricultural use-value conversion tax at closing. A drilled well is included in the sale, while the existing irrigation system is excluded. This presents a compelling opportunity for an entrepreneurial developer seeking a substantial and versatile project site in a thriving Wisconsin community.
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
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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.