0 Gateway Dr Watertown, WI 53094
This exceptional 1.17-acre parcel in Watertown, Wisconsin, presents a unique opportunity for residential development or single-family construction. Located on Gateway Drive in Jefferson County, this property boasts multiple zoning possibilities, allowing for flexibility in project design. The site's prime location offers convenient access to Highway 26, Highway X, and Interstate 94 (8 miles north), placing residents near a variety of amenities. The land is situated near a Walmart and other commercial establishments, enhancing its appeal and potential value. The seller is open to assisting with residential development plans. This property is ideal for developers seeking to create multiple lots (potentially 4 or 5) or for a single-family buyer looking to build a new home in a desirable location. The asking price for the entire 1.17-acre parcel is $155,000. Alternatively, individual lots are available, priced at $49,000 for a single-family lot and $57,000 for a duplex lot. This presents a compelling investment opportunity in a thriving city of approximately 23,000 residents. The property's 53094 zip code ensures easy access to local services and infrastructure. Don't miss this chance to build your future in Watertown.
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.