0 Main St Merrill, WI 54452
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.
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.