Riverfront parcel, needs some work to secure access, lot’s of equity to be freed up by someone willing to put in some elbow grease. I have explained everything in the video below, but here it is in text form.
ACCESS SITUATION:
This property has an easement that runs down to the highway (see photo with blue line depicting the easement), however the highway has limited access points (please see plat map photo with yellow lines), that plat is the US 8 highway and the yellow lines denote “no access”. There is one access driveway allowed and constructed in 1991. If all the property owners (the neighbor owning parcel number PE 87 and whomever owns this lot, which would be you) agree to relocate the driveway, then WI DoT (you can speak to Mark, 715-365-5752, but please don’t bug him unless you’re serious) has stated that they would review the request and could move the access point to the edge of both parties parcels. I have the access application for the owner(s) to apply to relocate the existing driveway if you’d like I can provide that, as well as the neighbors name and mailing address from the county.
Bottom line, you either need to move the access point, or get the neighbor to grant an easement from the current access point (likely down the power line easement) connecting to the easement on record for this parcel. If you can’t get either options you can always petition for an “easement by necessity” and the courts will have to grant you an easement. So it’s not landlocked, but there is work to be done to acquire complete access. So whomever buys this property, at a steep discount, can unlock a lot of equity. This parcel was for sale for $25,000 before I realized the new highway interrupted the easement. Once you have access, and you put a little road in I believe the value of a parcel like this, riverfront on the Pelican River in Rhinelander, could be worth $40,000-$50,000, at least that’s where I comped it out when I bought it. I focus on simply buy and sell land flips, I’m electing to pass on doing the homework to unlock that equity as I’m too busy with other properties, it’s better for me to cut and run and sell it at a steep discount then to wait and figure out the access process, that’s why I’m selling it at this price.
PROPERTY ATTRIBUTES:
Please free to drive by the lot at your earliest convenience. We recommend that you check out the video on our website for some more specifics about the area and the parcel boundaries! This will help you get your bearings when you go to look at the property. The property referenced in that video is 4935 Rocky Ridge Road, Rhinelander, WI
Rhinelander Wisconsin has so much to offer. There are parks, museums for the kids, wineries, a farmers market, mini golf and laser tag, a zipline, and movie theatre. Boom Lake offers excellent fishing, a riverwalk with summer concerts, and river cruises. Wind through forests and wetlands while you canoe or kayak on the Pelican River. There are a variety of dining options available from fine dining to coffee shops as well as family friendly restaurants. The Rhinelander Country Club has low membership fees and offers a golf course, a restaurant (members can use for private events also), and a Pro Shop. The Hodag Country Fest, Home Show, and Mill Triathlon are some of the favorite events among the community.
Oneida County offers dozens of woodland trails and beautiful lakes. Enjoy fishing, boating, canoeing, kayaking, and hiking. It is full of excellent restaurants, shops, hotels, and lodging options. You can always find something to do in Oneida County or you can just relax and watch the beautiful sunsets, the choice is yours!
Property Facts: Lot Size: 5.07 acres
Lot Dimensions: 700 ft x 560 ft x river edge
Directions: The best way to get in the ballpark of the property is to navigate to 4872 Taylor Dr, Rhinelander, WI, then go from there.
APN: PE 79-1 Oneida County, Wisconsin
Utilities:
Water: Would be Well, City of Rhinelander, (715) 369-6130
Sewer/Septic: Septic System Required, No soil analysis on file, City of Rhinelander, (715) 369-6130
Electric: Overhead utilities, in the area
Zoning: General Use, Oneida County Planning & Zoning Dept, (715) 369-6291, You can build a home, put up a mobile/manufactured home or do RV living
Yearly Taxes: $286.36
Title: Purchased with Title Insurance Road Condition: Road Easement Elevation: 1500 feet
Flood Zone: Partially in a Floodplain (but that’s riverfront living!) check out the screen shot showing the flood plain lines
HOA: This property is not in an HOA
Legal Description (Including Easement): THAT PART OF GOVERNMENT LOT 5, SECTION 8, TOWNSHIP 36N, RANGE 9 EAST, DESCRIBED AS FOLLOWS: A TRIANGULAR PARCEL LOCATED IN THE SOUTHEAST PORTION THEREOF, BOUNDED ON THE SOUTH BY THE EAST-WEST QUARTERLINE OF SECTION 8, AND BOUNDED ON THE WEST BY THE EAST 1/16TH LINE OF SAID SECTION AND BOUNDED ON THE NORTH BY PELICAN RIVER. TOGETHER WITH A PERMANENT EASEMENT 30 FEET IN WIDTH FOR PURPOSES OF INGRESS AND EGRESS, ALONG THE EAST LINE OF THE NORTHWEST QUARTER OF THE SOUTHEAST QUARTER OF SECTION 8, TOWNSHIP 36 NORTH, RANGE 9 EAST, AND EXTENDING NORTH 30 FEET INTO SAID GOVERNMENT LOT 5.
View this property in 3D in GOOGLE EARTH
Additional Photos
