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    714 Martin St Merrill, WI 54452

    For Sale
    $562,000

    Three Buildings, 24,200 SF, $562,000

    Property size:
    24,200 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional commercial property offering encompasses three buildings totaling 24,200 square feet, strategically located in Merrill, Wisconsin. The property boasts convenient access for vehicles of all sizes, including semi-trucks and trailers, ensuring seamless logistics. Its prime location offers easy access to Highway 51, providing a direct connection to Interstate 39, enhancing regional accessibility and distribution capabilities. The buildings' flexible design allows for a wide range of potential uses, making it an ideal investment for various businesses. The property's history includes use as a wholesale and retail distribution facility for plants and flowers, featuring walk-in and storage retail coolers, which could be repurposed or retained depending on the buyer's needs. Potential uses could include retail operations, distribution centers, assembly facilities, repair shops, or light manufacturing. The individual building prices are as follows: 714 Martin Street (15,200 sq ft) for $410,000

    Property Features for 714 Martin St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    24,200 SF

    Building Details

    Year Built
    1980
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Merrill
    County
    LINCOLN
    State
    Wisconsin
    Longitude
    -89.68362
    Latitude
    45.17239

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    FAQs

    What type of property is this?
    Commercial real estate - Three Buildings, 24,200 SF, $562,000
    Where is this commercial real estate located?
    The property is located at 714 Martin St Merrill, WI.
    What is the asking price?
    The asking price for this property is $562,000.
    (715) 261-2922
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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
    714 Martin St Merrill, WI 54452
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