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133 W Clark St - 5.03 AC on Riverfront - Multifamily Develop 5.03 Acres of Residential Land Offered at $649,000 in Stevens Point, WI 54481



Executive Summary
Property Features
• Great riverfront site that city desires high density, residential, owner-occupied properties (15-20+ units on approximately 3 buildable acres).
• TID funds may be available in coordination with the city.
• On the Wisconsin River, the outer edge of the land is part of a 27 mile walk/bike Green Circle Trail.
• Adjacent to Mead Park-Sloman Park and a short walk to Main Street and Pfeffner Park.
It had a LOMA with FEMA, which allows acreage utilization from an old flood plain for construction use. Balance can be used for patios, parking, water retention and landscaping. There are four sewer laterals (largest 8”) and four water laterals (largest 3”) off Clark. Community development grants and incentives may also be available.
• Great riverfront site that city desires high density, residential, owner-occupied properties (15-20+ units on approximately 3 buildable acres).
• TID funds may be available in coordination with the city.
• On the Wisconsin River, the outer edge of the land is part of a 27 mile walk/bike Green Circle Trail.
• Adjacent to Mead Park-Sloman Park and a short walk to Main Street and Pfeffner Park.
It had a LOMA with FEMA, which allows acreage utilization from an old flood plain for construction use. Balance can be used for patios, parking, water retention and landscaping. There are four sewer laterals (largest 8”) and four water laterals (largest 3”) off Clark. Community development grants and incentives may also be available.
Property Facts
| Price | $649,000 | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 5.03 AC |
| Property Type | Land | ||
| Zoning | Business Transaction | ||
| Price | $649,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 5.03 AC |
| Zoning | Business Transaction |
1 Lot Available
Lot
| Price | $649,000 | Lot Size | 5.03 AC |
| Price Per AC | $129,025.84 |
| Price | $649,000 |
| Price Per AC | $129,025.84 |
| Lot Size | 5.03 AC |
• Great site that city desires high density, residential, owner-occupied properties (20+ units per acre). • TID funds may be available in coordination with the city. • On the Wisconsin River, the outer edge of the land is part of a 27 mile walk
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 281-24-0831101326 | Improvements Assessment | $0 |
| Land Assessment | $357,100 | Total Assessment | $357,100 |
Property Taxes
Parcel Number
281-24-0831101326
Land Assessment
$357,100
Improvements Assessment
$0
Total Assessment
$357,100
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