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    20XX Ellis Ave Ashland, WI 54806

    • Land
    • 0.67 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 20XX Ellis Ave

    Lot size
    0.67 lot acres
    Property type
    Land

    Description

    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.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Ashland
    County
    Ashland
    State
    Wisconsin
    Longitude
    -90.868
    Latitude
    46.575

    Comparable in this City

    • Value Estimation by Request

      11th 11Th Ave

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    • Value Estimation by Request

      Ashland, WI 54806

      VACANT COMMERCIAL LAND
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    • Value Estimation by Request

      Ashland, WI 54806

      VACANT COMMERCIAL LAND
      Ashland, WI 54806
      View Details
    • Value Estimation by Request

      Ashland, WI 54806

      VACANT COMMERCIAL LAND
      Ashland, WI 54806
      View Details
    • Value Estimation by Request

      Ashland, WI 54806

      VACANT COMMERCIAL LAND
      Ashland, WI 54806
      View Details

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    20XX Ellis Ave
    Ashland, WI 54806
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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