507 8Th St Monroe, WI 53566
This exceptional 2.92-acre commercial land parcel in Monroe, Wisconsin, is ideally situated at a high-traffic intersection, boasting 15,200 vehicles daily on Highway 11. The property, priced at $750,000 ($5.90/sq ft), offers significant development potential for various retail uses, including gas stations, convenience stores, or drive-thrus. Its location on three major roads ensures high visibility and accessibility. The site benefits from the 2017 complete reconstruction of 8th Street and enjoys proximity to established retailers like Farm & Fleet, Walmart, and Aldi, further enhancing its appeal. While currently featuring a house, sheds, and trees, these will require removal by the buyer. This presents a unique opportunity to capitalize on the high traffic volume and strong retail presence in Green County's most populous city. The property is part of a larger 7.71-acre offering, with other parcels also available.
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.