805 Grand Ave Schofield, WI 54476-1119
This exceptional 0.48-acre commercial lot, located at 805 Grand Ave in Schofield, Wisconsin (zip code 54476), presents a unique development opportunity. Situated in Marathon County, this flat, level parcel boasts frontage on both Grand Avenue and Erdman Street, offering excellent visibility and accessibility. The property's APN is 28128071249996. Previously occupied by a convenience store, the land is ready for immediate development. While the zoning requires buyer verification, the previous owner had conceptual plans for a 1,900 square foot fast-casual restaurant with a drive-through. These plans are available upon request. Grand Avenue is a high-traffic area, with counts reaching 18,200 vehicles nearby in 2019, ensuring significant exposure for any future business. Utilities are conveniently located near the property. This prime commercial location is offered at an asking price of $85,000. Don't miss this chance to acquire a highly desirable parcel in a thriving Wisconsin community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Risks
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