Property profile

20XX Ellis Ave Ashland, WI 54806

OFF-MARKET
Land
0.67 ac lot
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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

Location

20XX Ellis Ave Ashland, WI 54806
Ashland 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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