12 Hwy 59 & Hwy Whitewater, WI 53190
This exceptional 68.9-acre parcel presents a significant development opportunity in Whitewater, Wisconsin. Strategically located at the intersection of Highway 59 and Highway 12, this property boasts 1,723 feet of frontage along Highway 59, providing excellent visibility and accessibility. The land is comprised of two lots totaling 68.9 acres: a 42.4-acre lot and a 26.7-acre lot. While currently zoned agricultural (AG), it's designated for commercial development in the city's master plan, offering significant future potential. The property also features an impressive 2,882 feet of frontage along a rail line serviced by Watco, a Type II rail carrier, opening possibilities for various transportation needs. Its proximity to major transportation arteries adds to its appeal: 0.6 miles from the intersection of Highways 12 and 89, 11 miles from Highway 26, and 21.2 miles from Interstate 90. City municipal services are readily available. The asking price is $2,500,000. Importantly, this property is not divisible, ensuring a cohesive and substantial development project. This unique combination of size, location, and infrastructure makes this an unparalleled investment opportunity for commercial development in a thriving Wisconsin community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.