Land Development Opportunity
Location Wisconsin,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $0
Net Profit / Cash Flow $0
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 2000
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Reason for Sale Bank-owned. Property received by deed in lieu of foreclosure.
Description The subject property contains 65 lots in a developed subdivision with gravel roads cut. Public sewer and water, natural gas and electricity is available to each lot. The lot sizes range in size from approximately 43,000 to 60,000 square feet with varying shapes and topography. In addition, there is 24.4 acres of undeveloped land with high visibility and accessibility. This portion of the land is currently zoned B-2, Commercial. Property is currently bank owned. Opportunities for development are substantial and seller expectations are reasonable to allow for buyer to take advantage of depressed real estate market and further develop or sell lots while attaining high rate of return.
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