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Property profile & analytics
OFF-MARKET
Land

14 Hwy Arena, WI 53503

15 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 15-acre commercial land parcel, located on Highway 14 in Arena, Wisconsin, presents a compelling investment opportunity. Currently zoned A-1 Agriculture, this property boasts significant potential for commercial or residential development, subject to rezoning. Its prime location offers excellent road frontage and multiple access points. A significant advantage is the existing 8-inch PVC water line extending from a neighboring well to multiple outlets across the property. The seller is open to negotiating continued water access for irrigation, currently operating at 80 psi. The land is currently leased for 2023, generating a substantial income of $310 per tillable acre, providing immediate return on investment. The soil type is primarily Rasset sandy loam with an NCCPI rating of 67. A new survey will be completed by the seller before closing. This partial parcel (#101-0227), situated in Section 17 of the Town of Arena, is served by the River Valley School District and has an annual property tax of $355.63. The property features a visible sign and possession is at closing, subject to existing tenant rights. Financing options include cash or conventional loans.

Property profile
Verified
Property type Land
Lot 15 ac (653,400 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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