N1683 Country Rd Merrill, WI 54452
This exceptional 2.85-acre parcel, located at N1683 Country Road W in Merrill, Wisconsin, presents a remarkable commercial development opportunity. Currently assessed as residential, the property boasts a highly desirable crossroads mixed zoning designation, allowing for diverse commercial uses. Its strategic corner location at the intersection of County Road W, Highway 64, State Road 17, and in close proximity to Highway 51, ensures exceptional visibility and accessibility. This high-traffic area offers significant potential for a wide range of businesses, from convenience stores and restaurants to automobile dealerships or a combination thereof. The property's value is predicated on its commercial potential, not its current residential assessment. The existing house on the parcel is slated for removal by the seller prior to closing. The zip code is 54452. Prospective buyers are strongly encouraged to independently verify zoning details with the Lincoln County Town Assessor to confirm permitted uses and development regulations. This is a rare chance to acquire a highly visible and strategically located commercial lot in a thriving Wisconsin community. The asking price for this prime commercial land is $599,900.
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
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.