0 Edwards - 38 Acres Edwards Blvd
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0 Edwards - 38 Acres Edwards Blvd
38 Acres of Residential Land Offered at $5,400,000 in Lake Geneva, WI 53147
Investment Highlights
- Heavy Daytime Traffic
- Close to Geneva Lake
- Corner Lot
Executive Summary
High visibility development opportunity in the resort community of Lake Geneva. Hard to find development site on high traffic Edwards Blvd, just south of Hwy 50 & Hwy 12 interchange – the main corridor into the affluent community of Lake Geneva. This 38 acre parcel has been annexed into the City of Lake Geneva & the future land use map reflects a mixed use development of multi- family, single family & commercial uses. This unique property benefits from approximately 1200’ of frontage on Edwards Blvd with a traffic count of 14,000+ cars per day. There is approximately 1,000’ of frontage along Town Line Rd. A portion of the Lake Geneva bike path also runs along this site providing connectivity to downtown. Previous development plans for this site have included 27 acres for residential development, including luxury apartments & 11 acres of commercial. This is an excellent multi-family site & ideal location for a hotel, fuel station, bank, restaurant or possibly senior housing. The City of Lake Geneva has been receptive to a mixed-use development including high density residential & commercial. Municipal utilities are at or very nearby the site. Nearby commercial includes Walmart, ALDI, Home Goods, Walgreens, Home Depot & Target. Lake Geneva Business Park is immediately east of the subject site.
Property Facts
Price | $5,400,000 | Property Subtype | Residential |
Sale Type | Investment | Total Lot Size | 38.00 AC |
No. Lots | 1 | Cross Streets | Townline Rd |
Property Type | Land |
Price | $5,400,000 |
Sale Type | Investment |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Residential |
Total Lot Size | 38.00 AC |
Cross Streets | Townline Rd |
1 Lot Available
Lot
Price | $5,400,000 | Lot Size | 38.00 AC |
Price Per AC | $142,105 |
Price | $5,400,000 |
Price Per AC | $142,105 |
Lot Size | 38.00 AC |
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PROPERTY TAXES
Parcel Number | ZYUP00198 | Improvements Assessment | $0 |
Land Assessment | $53,300 | Total Assessment | $53,300 |
PROPERTY TAXES
Parcel Number
ZYUP00198
Land Assessment
$53,300
Improvements Assessment
$0
Total Assessment
$53,300
zoning
Zoning Code | Rural Holding |
Rural Holding |
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0 Edwards - 38 Acres Edwards Blvd
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