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    Property profile & analytics

    8706 Nicholson Rd Caledonia, WI 53108

    • Commercial real estate
    • 19.55 lot acres
    For Sale
    View listing
    $782,000
    Value Estimation
    Location Intelligence
    Property ID
    US92-1345673
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 8706 Nicholson Rd

    Lot size
    19.55 lot acres
    Property type
    Commercial real estate
    APN
    Portion of 104-04-22-04-005-070

    Description

    This exceptional 19.55-acre agricultural property, located at 8706 Nicholson Road in Caledonia, Wisconsin, presents a unique investment opportunity. Zoned A-2 General Farming District II, this parcel boasts convenient access via Vista Drive, providing easy ingress and egress. The property is strategically situated within the service area of the Milwaukee Metropolitan Sewerage District (MMSD) and benefits from Village of Caledonia water services, ensuring reliable utilities. Its proximity to the Root River adds to its natural appeal. Furthermore, its location near the established retail corridors of Howell Avenue and Highway 32 offers significant advantages for potential development or expansion. The property is also conveniently located within the Racine Unified School District. The APN is a portion of 104-04-22-04-005-070. This land offers a blend of agricultural potential and strategic location, making it an attractive proposition for various uses. The asking price is $782,000. The property's zip code is 53108.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Caledonia
    County
    Racine
    State
    Wisconsin
    Longitude
    -87.89782
    Latitude
    42.8395

    Comparable in this City

    • $575,000
      6.53 Acres

      Developed Lot with Rolling Hills

      6.53 acre lot with soil and perc tests completed.
      1459 Waukesha Rd, Caledonia, WI 53108
      View Details
    • $7,480,000
      134.00 Acres

      Raymond WI Commercial Land Development

      134 Acres, I-94 Access, Industrial Zoning
      0 43Rd St, Caledonia, WI 53108
      View Details
    • Contact for pricing
      50.00 Acres

      50-Acre Caledonia Industrial Land

      Prime industrial land, 50 acres, Caledonia, WI.
      0 Caledonia Business Park, Caledonia, WI 53108
      View Details
    • $600,000
      14.40 Acres

      Large Private Lot for Home

      Build your dream home on a large, private lot.
      12929 6 1/2 Mile Rd, Caledonia, WI 53108
      View Details
    • $475,000
      5.26 Acres

      Residential Lot with Rolling Hills

      5.26 acre lot ready for development in Caledonia, WI.
      1453 Waukesha Rd, Caledonia, WI 53108
      View Details
    • $1,200,000
      16,389 SF

      Caledonia Commercial Building For Sale

      Prime Caledonia location, office/retail space.
      8033 Us Highway 41, Caledonia, WI 53108
      View Details

    Similar Nearby for Sale

    • $575,000
      6.53 Acres

      Developed Lot with Rolling Hills

      6.53 acre lot with soil and perc tests completed.
      1459 Waukesha Rd, Caledonia, WI 53108
      View Details
    • $7,480,000
      134.00 Acres

      Raymond WI Commercial Land Development

      134 Acres, I-94 Access, Industrial Zoning
      0 43Rd St, Caledonia, WI 53108
      View Details
    • Contact for pricing
      50.00 Acres

      50-Acre Caledonia Industrial Land

      Prime industrial land, 50 acres, Caledonia, WI.
      0 Caledonia Business Park, Caledonia, WI 53108
      View Details
    • $600,000
      14.40 Acres

      Large Private Lot for Home

      Build your dream home on a large, private lot.
      12929 6 1/2 Mile Rd, Caledonia, WI 53108
      View Details
    • $475,000
      5.26 Acres

      Residential Lot with Rolling Hills

      5.26 acre lot ready for development in Caledonia, WI.
      1453 Waukesha Rd, Caledonia, WI 53108
      View Details
    • $1,200,000
      16,389 SF

      Caledonia Commercial Building For Sale

      Prime Caledonia location, office/retail space.
      8033 Us Highway 41, Caledonia, WI 53108
      View Details
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    8706 Nicholson Rd
    Caledonia, WI 53108
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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