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195th Ave - Wisconsin Highway 64 & Highway CC

495.59 Acres of Commercial Land Offered at $7,433,850 in New Richmond, WI 54017

Virtual Tour

Investment Highlights

  • 495.59 acres of prime commercial land in New Richmond, with strategic zoning Z2, Z3, and Z4 for diverse developments, awaits visionary investors.
  • Additional investment options include rental agricultural income potential while the land take-down schedule is phased.
  • Surrounded by natural beauty and top schools, New Richmond's steady growth offers an ideal setting for new residential and commercial developments.
  • Annexed and partially tillable, this tract is ideal for institutional investors planning a dynamic mixed-use community.
  • Visible along WIS 64 with swift access to the Twin Cities, Stillwater, and Hudson, this property will become the region's largest mixed-use community.
  • Minutes from New Richmond Regional Airport, this property offers a rare chance to shape a commercial hub near St. Paul and Minneapolis.

Executive Summary

Along 195th Avenue in New Richmond, Wisconsin, an expansive opportunity awaits with 495.59 acres of prime commercial land for sale. This significant tract of land, one of the largest in western Wisconsin, boasts a strategic zoning mix of Z2 (Sub-Urban District), Z3 (Multi-Use Corridor), and Z4 (General Urban District), facilitating a blend of single-family residential, multifamily, commercial, and potential industrial developments. Already annexed, a substantial portion of the land remains tillable, offering immediate rental agricultural income potential.

Ideal for an institutional investor envisioning a sprawling mixed-use community, the property offers unparalleled flexibility and can parcel out smaller plots of no less than 40 acres. Its location provides excellent visibility along Wisconsin Highway 64, ensuring prominent exposure in a rapidly growing area. Situated just outside New Richmond's center, the land offers seamless accessibility via Wisconsin Highways 64 and 65, linking to Interstate 94 and Wisconsin Highway 36, facilitating convenient connections to the Twin Cities, Stillwater, and Hudson.

Beyond its strategic location and expansive possibilities, New Richmond, fondly known as The City Beautiful, surrounds the property with natural beauty, outstanding schools, diverse businesses, and a strong community spirit. The area's residential growth rate of approximately 2% annually underscores its appeal for new development. With amenities ranging from shopping centers to local eateries and the proximity of New Richmond Regional Airport (KRNH) just five minutes away, this property epitomizes a rare opportunity for visionary investors seeking to shape the future of this burgeoning region.

Whether envisioning a new residential enclave, a vibrant commercial hub, or a blend of both, this property offers a blank canvas amid a picturesque setting just over 30 minutes from St. Paul and under an hour from Minneapolis.

New Richmond, Wisconsin - The City Beautiful.

Sale Flyer

More Attachments

Land Parcel Map Flyer

Property Facts

Price $7,433,850
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 495.59 AC
Cross Streets 115th St

1 Lot Available

Lot

Price $7,433,850
Price Per AC $15,000
Lot Size 495.59 AC

495.59 acres of prime commercial land zoned Z2 (Sub-Urban District), Z3 (Multi-Use Corridor), and Z4 (General Urban District) in the beautiful City of New Richmond, Wisconsin.

Nearby Amenities

Hotels

AmericInn
44 rooms
9 min drive
Best Western Plus
60 rooms
10 min drive

zoning

Zoning Code Z2/Z3/Z4 (Sub-Urban District, Multi-Use Corridor, and General Urban District)
Z2/Z3/Z4 (Sub-Urban District, Multi-Use Corridor, and General Urban District)

Sale Advisor

Sale Advisor

(612) 991-9123
Contact
William Wanner, Commercial Real Estate Broker / Principal
(612) 991-9123
Contact
Bill Wanner’s expertise is rooted in experience. He began his career in real estate in 1985 and, in addition to being a real estate broker, he serves as the VP Director of Real Estate for both BNA Properties, LLC and SSG Corporation holdings. He is also the broker and a principal with BNA Realty.

Because he’s familiar with everything from site selection to ongoing management, he brings to each opportunity his deep familiarity with the on-the-ground realities of commercial real estate. Just as importantly, Bill brings a personal understanding of how commercial real estate fits into the plans and dreams of clients.
  • Listing ID: 31978315

  • Date on Market: 5/31/2024

  • Last Updated:

  • Address: 195th Ave, New Richmond, WI 54017

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