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    OFF-MARKET
    Land

    20XX Ellis Ave, Ashland, WI 54806

    0.67 ac lot
    Property ID
    Property summary
    AI-generated overview

    Exceptional opportunity to acquire two adjacent lots totaling 0.67 acres in Ashland, Wisconsin, at an asking price of $24,000. This commercially and residentially zoned property (PRI-Planned residential/institutional) offers significant potential for development. The lots boast convenient access to Ellis Avenue, providing over 100 feet of frontage. City sewer and water are readily available via the alley. The location is highly desirable, offering proximity to Ashland's amenities, including colleges, schools, Lake Superior beaches, and extensive trail systems. Traffic counts, as of August 8, 2022, show an Annual Average Daily Traffic (AADT) of 3,500 vehicles. Parcel numbers are 201-04159-1000 and 201-04156-0000. This buildable lot presents a unique chance to create a residential dwelling or commercial venture in a thriving Wisconsin community. Don't miss this chance to secure a prime location for your next project.

    Property profile
    Verified
    Property type Land
    Lot 0.67 ac (29,185 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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