Selling Commercial Land in Wisconsin (The Easy Way)

If you're sitting on a piece of commercial land in Wisconsin and thinking about selling, you're in the right place. The process doesn't have to be a headache. Let's walk through how you can turn that property into cash without losing your mind.

Before we dive in, let's talk numbers. The USDA reports that farm real estate in Wisconsin averaged $5,500 per acre in 2023 - a 10% bump from the previous year. Not bad, right? And get this: the Wisconsin Commercial Real Estate Women group says 2022 saw 9.5 million square feet of new industrial construction. Clearly, there's action in the Badger State's land market.

But what does this mean for you? Well, it suggests there's demand out there. Your job is to tap into it.

Know Your Turf

Wisconsin's land market is as varied as its landscape. A lot near Milwaukee's port might be gold for some buyers, while others might prefer a sprawling plot in the countryside. The key? Understanding what makes your land special.

Think about location, size, what it can be used for, and what's nearby. Each of these factors plays a role in your land's value and appeal.

Getting Your Ducks in a Row

Before you put up the "For Sale" sign, there's some homework to do:

1. Figure out your land's worth. Consider getting a professional appraisal. They know the local market and can give you a solid number to work with.
2. Handle any legal loose ends. Make sure your property lines are clear, resolve any liens, and get your paperwork in order. Trust me, this saves headaches down the road.
3. Spruce up your property. No need to landscape, but clearing debris and ensuring easy access can make a big difference.

Spreading the Word

Now it's time to let people know your land is up for grabs. Here are some tried-and-true methods:

1. Get online. List your property on real estate websites. Good photos and detailed descriptions are your friends here.
2. Network. Reach out to local real estate agents and business associations. They often know who's in the market.
3. Consider targeted ads. Think about who might want your land and where they're likely to look.
4. Create an info package. Put together all the details about your property in one neat bundle. It's like a resume for your land.

The Art of the Deal

When offers start coming in, keep these tips in mind:

1. Be prepared for questions. The more you know about your property, the better.
2. Try to understand what buyers are after. It can help you highlight the right features.
3. Stay flexible. Sometimes, a quick sale can be worth more than holding out for top dollar.
4. Don't be afraid to bring in help. A real estate attorney or experienced broker can be worth their weight in gold.

The Easy Button: Land Buying Companies

If all of this sounds like more than you bargained for, there's another option: selling to a land buying company like Land Boss. Here's the scoop:

Pros:

• They can often close deals quickly.
• Many offer cash purchases.
• They'll usually buy the land as-is.
• The process tends to be straightforward.
• You might save on typical selling costs.

Things to keep in mind:

• You might get less than full market value.
• Do your homework on the company. (For example, Land Boss has been around for 5 years and has over 100 transactions under their belt.)
• Ask questions about their process and how they determine their offers.

Making the Call

In the end, how you sell depends on your situation. Ask yourself:

• How fast do you need to sell?
• How much time and effort can you put into the process?
• What are your financial goals?

Final Thoughts

For some, the simplicity of selling to a company like Land Boss is the way to go. Others prefer the traditional route. There's no one-size-fits-all answer.

The good news? Wisconsin's commercial land market is humming along. Whether you choose to go it alone or take the express route with a land buying company, there's likely a buyer out there for your property.

So there you have it - a straightforward guide to selling your commercial land in Wisconsin without pulling your hair out. Now it's time to take that first step. Your land isn't going to sell itself, after all!

‍