$50,000

Lot 5051 Somo Ave Tomahawk, WI 54487

Estimated payment $312/month

1.27 Acres
$39,393 Price per Acre
55,289 Sq Ft Lot

About This Lot

Double Lot Opportunity – Somo Avenue, Tomahawk, WI. Excellent investment or development opportunity on Somo Avenue, just west of Hwy 51 in the city of Tomahawk. This spacious double lot is zoned R-2, allowing for a duplex on each lot—ideal for building income-producing rentals or multi-family housing. The lots are currently combined on the tax roll, but, per the City of Tomahawk, can be separated if desired buyer to verify with the city). City water and sewer are available, making development more convenient and cost-effective. Convenient location close to shopping, schools, and recreation, with easy highway access. Tomahawk has a strong need for rental housing, and there may be potential incentives for new housing development. A great opportunity for builders or investors looking to grow in a high-demand market.

Listing Agent

Jackie Leonhard

NORTHWOODS COMMUNITY REALTY, LLC License #55186 - 90 Listed on: 11/12/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $574

Lot Details

  • 1.27 Acre Lot
  • Zoning described as General Use

Schools

  • Tomahawk Elementary And Middle School
  • Tomahawk High School

Community Details

  • Atcherson & Larson Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 286-3506-353-0058

Property Details

Property Type

Land

Est. Annual Taxes

$574

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Road Frontage Type: City Street, Highway
  • Ownership: Fee Simple
  • Subdivision Name: Atcherson & Larson Add
  • Directions: From Hwy 51 take the Hwy 86 exit, go West on Hwy 86 to lots on left.
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront: No

Utilities

  • Utilities: Electricity Available, Natural Gas Available

Schools

  • Elementary School: LI Tomahawk
  • High School: LI Tomahawk
  • Middle Or Junior School: LI Tomahawk

Lot Info

  • Lot Size Sq Ft: 55289.0
  • Parcel #: 286-3506-353-0058
  • Zoning Description: General Use

Tax Info

  • Tax Annual Amount: 574.0
  • Tax Year: 2024

Map

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/05/2025 11/05/25 For Sale $50,000 -- --
Source: Greater Northwoods MLS

Source: Greater Northwoods MLS

MLS Number: 215029

Greater Northwoods MLS
Wisconsin Lincoln County Tomahawk 54487

Lot 5051 Somo Ave, Tomahawk, WI

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Information is deemed reliable but not guaranteed.

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Jackie Leonhard
Listing Agent
Jackie Leonhard
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NORTHWOODS COMMUNITY REALTY, LLC
(715) 666-4306