0 Glomstad Rd, Sparta, WI 54656
This exceptional 39+ acre commercial land parcel presents a prime development opportunity in the thriving town of Sparta, Wisconsin. Located at 0 Glomstad Rd, 54656, this property boasts pre-approved plans for a single-family home subdivision, streamlining the development process. The village is actively extending water and sewer lines to the property, further enhancing its appeal and reducing infrastructure costs for the future developer. The land is ideally configured for a successful subdivision, and will also incorporate public walking trails, adding significant value and community appeal. A former manure pit will be filled under DNR supervision and approval prior to sale. This ensures a clean and ready-to-build site. The asking price for this remarkable opportunity is $975,000. The seller also owns adjacent acreage and may be willing to include it in the sale, providing potential for even larger-scale development. Given Sparta's continued growth, this represents a timely investment with significant potential for substantial returns. Contact us today to learn more about this exceptional development opportunity and the possibility of acquiring additional acreage. The property's coordinates are 43.945742 latitude and -90.8124215 longitude.
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.