W4770 Wi-23 Fond du Lac, WI 54937
This exceptional 2.55-acre commercial land parcel presents a remarkable development opportunity in Fond du Lac, Wisconsin. Strategically located on the newly expanded Highway 23, this property enjoys unparalleled visibility and high traffic counts due to its placement on a newly constructed roundabout at the Highway 151 and Highway 23 interchange. The site is adjacent to Aurora Healthcare and their significant multi-million dollar expansion project, ensuring a thriving and growing surrounding area. Nearby amenities include the Festival Foods shopping center and St. Mary's Springs, further enhancing its appeal. A new residential development is also in close proximity. Currently zoned residential within the Town of Empire, this property is eligible for annexation into the City of Fond du Lac, offering increased development flexibility. The existing residence on the property will be demolished by the seller prior to closing. This high-traffic location, with its excellent visibility and proximity to major healthcare and retail establishments, makes it ideal for a wide range of commercial ventures. The asking price for this prime development land is $499,000. The property's APN is T08-15-18-99-HV-020-00.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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