Property profile

Parcel 1 Partridge Dr New London, WI 54961

OFF-MARKET
Land
0.65 ac lot
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Property summary

AI-generated overview

This exceptional 0.65-acre development site, identified as Parcel 1 on Partridge Drive in New London, Wisconsin (APN 33-01-71-10), presents a compelling investment opportunity. Priced at $125,000, this land boasts a land value of $192,308 per acre. Its strategic location on the north side of New London offers unparalleled access to major thoroughfares, Highways 45 and 54, ensuring high visibility and convenient commutes. The property's proximity to established retail giants like Wal-Mart, Piggly Wiggly, and Tractor Supply guarantees a robust customer base and significant foot traffic. This makes it ideally suited for a variety of commercial ventures, including retail establishments, medical offices, or professional services. The site's zoning (which should be independently verified) and development potential make it an attractive prospect for investors seeking a high-return opportunity in a thriving Wisconsin community. This parcel is part of a larger offering of three commercial parcels in this desirable location. Serious inquiries are encouraged to explore the full potential of this exceptional property. Further due diligence is recommended to confirm all aspects of the property and its suitability for intended use.

Property profile

Verified
Property type Land
Lot 0.65 ac (28,314 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Parcel 1 Partridge Dr New London, WI 54961
New London 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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