1711 Calumet DrSheboygan, WI 53081

Property Details for 1711 Calumet Dr

Lot size

0.38 AC

Zone code

BB2

Property type

Commercial real estate

APN

59281600860

APU

59281600860

Description

Exceptional investment opportunity awaits at 1711 Calumet Dr, Sheboygan, WI 53081. This 0.6-acre vacant lot boasts unparalleled visibility due to its location along Highway 42, Sheboygan's primary north-south artery. The property offers extensive road frontage, maximizing exposure for any future development. A significant advantage is the inclusion of two existing, income-generating billboards, providing a current revenue stream. Zoned for Urban Commercial use, this versatile site is perfectly positioned to capitalize on Sheboygan's central population base and high traffic volume. Its prime location makes it ideal for a wide range of commercial ventures. The property's APN is 59281600860. While this 0.6-acre lot is being offered for sale, please note that an adjacent 1.2-acre parcel with two buildings is also available separately. This presents a unique opportunity to acquire a larger contiguous property for even greater development potential. The asking price for this exceptional 0.6-acre lot is $199,000. Don't miss this chance to secure a highly visible and profitable commercial property in a thriving Wisconsin community.

• CAP approach

  CAP return

  Valuation

  6%

  $3,360,550

  6.5%

  $3,102,040

  7%

  $2,880,470

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,667,210

  Geo Method

  $2,138,970

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $6,302,280

  Retail / Commercial

  $3,193,590

  Mixed-Use / Specialty

  $3,152,110

  Hospitality / Lodging

  $2,273,420

  Office

  $3,102,040

  Institutional / Educational

  $3,266,170

  Residential Income

  $3,821,420

  Multifamily

  $4,750,030

  Automotive / Energy

  $2,799,570

  Parking / Income-Based Land

  $995,830

  Restaurant / Food Service

  $1,575,210

  Healthcare / Senior Housing

  $3,263,290

Location Insight

City

Sheboygan

County

Sheboygan

State

Wisconsin

Latitude

43.7632

Longitude

-87.7229

CBSA code

43100

CBSA name

SHEBOYGAN, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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