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    1025 Albert Dr Manitowoc, WI 54220

    For Sale
    $940,000

    Large warehouse, office space, great location.

    Property size:
    24,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional commercial property at 1025 E Albert Drive, Manitowoc, Wisconsin, presents a significant opportunity for businesses seeking ample space and strategic location. The expansive 24,000 square foot building offers a versatile layout ideal for diverse operational needs. Approximately 19,200 square feet are dedicated to warehouse space, providing ample room for storage, manufacturing, or distribution. The building also includes 4,800 square feet of office space, thoughtfully divided across two floors. Climate control is ensured with air conditioning in the offices and forced-air heating throughout the entire building. Operational efficiency is maximized with features such as three-phase power, two convenient loading docks, and a generously sized 20x14 foot drive-in entry. High ceilings contribute to a spacious feel and enhance workflow. Restrooms are strategically positioned for user convenience. Adding to the property's appeal is the inclusion of an adjacent lot to the east, offering approximately 1.26 acres of land, perfect for additional parking or future expansion possibilities. This property is priced at $940,000 and is situated in Manitowoc, WI.

    Property Features for 1025 Albert Dr

    General Information

    Property type
    Other commercial real estate
    Square Feet
    24,000 SF
    Lot Size
    54,886 SF

    Building Details

    Year Built
    1975
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    RaiseRite Concrete Contractor

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hotel & Motel Pharmacy Department Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Manitowoc
    County
    MANITOWOC
    State
    Wisconsin
    Longitude
    -87.63477
    Latitude
    44.12466

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    FAQs

    What type of property is this?
    Commercial real estate - Large warehouse, office space, great location.
    Where is this commercial real estate located?
    The property is located at 1025 Albert Dr Manitowoc, WI.
    What is the asking price?
    The asking price for this property is $940,000.
    (920) 769-1600
    Request Owner's contact information
    1025 Albert Dr Manitowoc, WI 54220
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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
    1025 Albert Dr Manitowoc, WI 54220
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