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    197 Wi-21 Coloma, WI 54930

    • Land
    • 9.61 lot acres
    For Sale
    View listing
    $295,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 197 Wi-21

    Lot size
    9.61 lot acres
    Property type
    Land
    Property subtype
    Self storage facilities

    Description

    This exceptional 9.61-acre parcel in Coloma, Wisconsin, presents a unique opportunity for self-storage development. Located on County Trunk Highway (CTH) 21, it boasts over 4,000 vehicles passing daily, tapping into a substantial market of over 25,000 permanent residents, plus seasonal homeowners. The property benefits from favorable B-1 zoning, with verbal approvals already obtained from the township for self-storage construction. This allows for streamlined site plan submission and construction commencement upon approval. The site's strategic location near Petenwell Lake and Castle Rock Lake offers a distinct advantage for targeted marketing and potentially higher occupancy rates. A significant competitive advantage exists due to the absence of comparable facilities within a ten-mile radius, allowing for phased development and controlled growth. Multiple access points from CTH 21 and CTH G provide flexibility in site planning and development. The asking price is $295,000. This is a rare opportunity to capitalize on the growing demand for self-storage in a desirable lakeside community.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Coloma
    County
    Adams
    State
    Wisconsin
    Longitude
    -89.6156
    Latitude
    44.0214

    Comparable in this City

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    • Value Estimation
      $400,000
      5.33 Acres

      251 Industrial Dr

      INDUSTRIAL (GENERAL) • 5.33 Acres
      251 Industrial Dr, Coloma, WI 54930-8845
      View Details
    • Value Estimation by Request
      0.24 Acres

      Coloma, WI 54930

      VACANT COMMERCIAL LAND • 0.24 Acres
      Coloma, WI 54930
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    • Value Estimation by Request
      1.92 Acres

      Coloma, WI 54930

      VACANT COMMERCIAL LAND • 1.92 Acres
      Coloma, WI 54930
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    • Value Estimation by Request
      1.75 Acres

      Coloma, WI 54930

      VACANT COMMERCIAL LAND • 1.75 Acres
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    • Value Estimation by Request
      4.20 Acres

      Coloma, WI 54930

      VACANT COMMERCIAL LAND • 4.20 Acres
      Coloma, WI 54930
      View Details

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    197 Wi-21
    Coloma, WI 54930
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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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