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    W6346 State Hwy 95 Hwy Neillsville, WI 54456

    For Sale
    $349,900

    Seven-unit commercial building on 4.99 acres. Fully occupied with strong rental income.

    Property size:
    5,600 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional investment opportunity presents a fully occupied seven-unit commercial building, thoughtfully converted from a former schoolhouse. Situated on a spacious 4.99-acre lot just off Highway 95, the property boasts a convenient circular driveway and a tranquil setting surrounded by nature. The building features 5,600 square feet of space and has undergone significant updates, including a new roof, individual furnaces for each unit, energy-efficient vinyl windows, durable steel siding, and a modern mound septic system installed in 2013. Interior upgrades include vinyl flooring, updated sinks, and stylish sliding barn doors in the handicap-accessible unit. Tenants enjoy a welcoming atmosphere with common hallway sitting areas and a shared laundry room equipped with coin-operated washers and dryers. Ample parking is available both in front and behind the building, accessed via three convenient entryways. Four of the units benefit from inside storage rooms. The property also includes a large yard area, a charming front patio with outdoor seating, and captivating views. A 25x25 foot pole shed is located behind the building, and there's significant cleared space offering potential for expansion, such as additional units, a parking garage, or storage units. This property presents a rare opportunity for investors seeking a stable, high-yield investment with significant upside potential. The asking price is $349,900.

    Property Features for W6346 State Hwy 95 Hwy

    General Information

    Property type
    Other commercial real estate
    Square Feet
    5,600 SF
    Lot Size
    217,364 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Neillsville
    County
    CLARK
    State
    Wisconsin
    Longitude
    -90.63182
    Latitude
    44.48066

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    FAQs

    What type of property is this?
    Commercial real estate - Seven-unit commercial building on 4.99 acres. Fully occupied with strong rental income.
    Where is this commercial real estate located?
    The property is located at W6346 State Hwy 95 Hwy Neillsville, WI.
    What is the asking price?
    The asking price for this property is $349,900.
    (800) 339-4444
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    W6346 State Hwy 95 Hwy Neillsville, WI 54456
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