6960 Lake Rd DeForest, WI 53532
This exceptional 6.24-acre commercial development land presents a unique opportunity in DeForest, Wisconsin. Located at 6960 Lake Rd, 53532, this property offers convenient access to Highway 19 and Interstate 39/90/94, situated within a mixed-use neighborhood. Currently zoned A2, the site is ideal for various projects as outlined in the local plan, including neighborhood mixed-use developments, senior housing, or workforce housing. While the property includes an existing home and outbuildings considered non-usable, the focus is on redevelopment of the entire 6.24 acres, which cannot be subdivided. Please note that approximately two acres are wetlands, requiring a survey for final wetland/upland determination. The sale includes an estimated 8,000 square feet land dedication for highway right-of-way expansion on Hwy CV. The property shares a driveway with an adjacent funeral home and sits across the street from a church. Utilities are available at the street. The parcel is identified as CSM #4266, PRT Lot 1, in the Village of Windsor. Priced at $399,000 ($69,712/acre).
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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