Investment Overview

Marcus & Millichap is proud to present this exclusive listing of a Seniors Housing Land Development, which is an opportunity to develop a senior living building on vacant land located in an already zoned PUD of an already established senior living community. In this PUD, the following services are made available to senior residents: independent living, assisted living, and memory care. The development opportunity is also located in one of the most populated community’s throughout Western Wisconsin: Menomonie, which is part of the Eau Claire-Menomonie MSA. Menomonie serves as a middle-ground between the Minneapolis-Saint Paul MSA and the most populated community in all of Western Wisconsin, which is Eau Claire. Menomonie benefits from being situated near the growing Eau Claire community, which has a reported 72,000 population count as of 2024. As a result of such tremendous growth for a Western Wisconsin community, this nearby city will remain among the top 15 most populated municipalities throughout the entire state. With 10 major byways in the area, including US Highway 12, US Highway 53, and Interstate 94, Eau Claire-Menomonie MSA sees a high-volume traffic count of commuters and travelers alike, as a result of being located in a west-central hub of Wisconsin, paired with also having ease of travel along I-94 to get to the Minneapolis-Saint Paul MSA, in less than an hour. In addition to the residents and travelers passing through, there’s a major freight rail line (owned by Union Pacific Railroad) as well as the Menomonie Municipal Airport and Chippewa Valley Regional Airport, creating ample commerce opportunities through the variety of means of transportation available to the general public and private businesses. Menomonie is home to the Historic Mable Tainter Theater & Center for the Arts ( a “Crown Jewel” theater), and the University of Wisconsin – Stout, as well as Chippewa Valley Technical College, where students have a variety of options for fields of study – including the arts, business, real estate, education, becoming a healthcare professional, and science. Wakanda Park is just south of the property. There are numerous parks and trails for biking, walking and skiing, including the Red Cedar State Trail. The Mayo Clinic & Hospital is conveniently located nearby as well as a vibrant Historic downtown. This is the first time that this parcel has been offered for sale. Local residents benefit from cost-effective housing while also having the flexibility to work in numerous surrounding communities – including but limited to Chippewa Falls, Eau Claire, Altoona, and even further out communities such as La Crosse, Hudson, Minneapolis-Saint Paul, as a result of ease of travel. Although this vacant land parcel caters to a more specific demographic, senior living is a common denominator for housing needs throughout all Western Wisconsin communities, creating a strong demand, especially for more populated areas such as Menomonie.