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6707 Douglas Ave

29.5 Acres of Commercial Land Offered at £2,327,550 in Caledonia, WI 53402

Investment Highlights

  • Heavy daytime traffic
  • Maintained and level land
  • Lots of exposure to frontage road

Executive Summary

A TID is currently being pursued for development of this land. This property offers an opportunity for a developer to reimagine this property into an apartment community with a mix of commercial. Shopping, restaurants, Walgreens, gas, etc. all within a mile. An area of single family residential to the west, some multi family to the north, rail to the east and commercial to the south. Village has prioritized midsize developments with multiple buildings.

Property Facts

Price £2,327,550 Property Type Land
Sale Type Investment Property Subtype Commercial
Sale Conditions Development Sale Proposed Use
Commercial
  • Multifamily
No. Lots 1 Total Lot Size 29.50 AC
Price £2,327,550
Sale Type Investment
Sale Conditions Development Sale
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Multifamily
Total Lot Size 29.50 AC

1 Lot Available

Lot

Price £2,327,550 Lot Size 29.50 AC
Price Per AC £78,900
Price £2,327,550
Price Per AC £78,900
Lot Size 29.50 AC

29.5 acres of large, open, level area with maintained grass. Includes a commercial building, 76-car parking lot, surrounding tree line, and the neighboring house at 6707 Douglas Ave.

Description

Prime land ideal for multifamily, commercial development mix. Presently used as a golf driving range and a pub and grill, this land sits just north of the city of Racine in Caledonia on Hwy 32. Easy access to I94, Mitchell Airport, and Downtown Racine. Property includes a single family home at 6707 Douglas Ave, immediately adjacent to the north of the property at 6633, intersecting Meadow Lane with Hwy 32. Approximately 877 feet of frontage on Douglas Avenue, Hwy 32.

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6707 Douglas Ave, Caledonia, WI - aerial map view - Image1
6707 Douglas Ave, Caledonia, WI - aerial map view - Image2
6707 Douglas Ave, Caledonia, WI - aerial map view - Image3

zoning

Zoning Code R-3, P-2, D-3 (Northern lots are presently zoned R3 single family residential. Center is zoned P2, park recreational. South lot is zoned D3 highway business.)
R-3, P-2, D-3 (Northern lots are presently zoned R3 single family residential. Center is zoned P2, park recreational. South lot is zoned D3 highway business.)
(262) 598-0786

  • Listing ID: 32506544

  • Date on Market: 18/07/2024

  • Last Updated:

  • Address: 6707 Douglas Ave, Caledonia, WI 53402

The Land Property at 6707 Douglas Ave, Caledonia, WI 53402 is currently available For Sale. Contact Bay View Investments Inc for more information.

Nearby Listings

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6707 Douglas Ave, Caledonia, WI for sale Aerial- Image 1 of 6
Buddys Overview
6707 Douglas Ave, Caledonia, WI for sale Aerial- Image 2 of 6
Land Depth
6707 Douglas Ave, Caledonia, WI for sale Primary Photo- Image 3 of 6
Buddy's Left Side
6707 Douglas Ave, Caledonia, WI for sale Building Photo- Image 4 of 6
6707 Front Left
6707 Douglas Ave, Caledonia, WI for sale Aerial- Image 5 of 6
Area Map

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6707 Douglas Ave
(262) 598-0786 x

6707 Douglas Ave

Robin Spangler

(262) 598-0786

(262) 598-0786

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