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Property profile & analytics
OFF-MARKET
Land

0 Main St Merrill, WI 54452

2.02 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 2.016-acre commercial land parcel presents a unique investment opportunity in Merrill, Wisconsin. Located on E Main St, this property boasts unparalleled visibility due to its immediate proximity to Highway 51, ensuring high traffic exposure for any business. The lot is zoned for Thoroughfare Commercial use (APN: 251-3106-182-0226), offering flexibility for a variety of development options, including restaurants, retail establishments, or service businesses. All utilities are readily available, simplifying the development process. The City of Merrill has previously invested in this parcel to incentivize development, and depending on the proposed project, potential credits towards the property value may be available through an agreement and approval process. This prime location, coupled with the city's commitment to development, makes this a truly exceptional opportunity for the right developer. The property's strategic placement and high visibility make it an ideal location for attracting customers and establishing a thriving business. Serious inquiries are encouraged to explore the potential for development and the possibility of city-backed incentives. This is a rare chance to acquire a highly visible and strategically located commercial lot in a growing community. Don't miss this opportunity to secure a prime piece of Merrill real estate.

Property profile
Verified
Property type Land
Lot 2.02 ac (87,817 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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