Property profile

0 Gateway Dr Watertown, WI 53094

OFF-MARKET
Land
1.17 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 1.17 ac (50,965 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Gateway Dr Watertown, WI 53094
Watertown metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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