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Property profile & analytics
OFF-MARKET
Commercial real estate

W6423 Hwy Jefferson, WI 53549

1,950 SF 11 ac lot Built 1953
Property ID
Property summary
AI-generated overview

This exceptional opportunity presents the chance to own a piece of Wisconsin cinematic history. The property, located on approximately 11 acres along Highway 18 between Madison and Milwaukee, offers a fully operational drive-in theater. The theater boasts a 90-foot screen, ample parking for 540 vehicles with individual speaker systems, and two digital projectors ensuring a modern viewing experience. A concessions building is included, equipped with some existing equipment, ready for immediate use. The property also features a retro neon road sign, a point-of-sale system, and security cameras for enhanced operational efficiency. Priced at $595,000, this turn-key operation includes approximately 1,950 square feet of building space. An exciting expansion opportunity exists with approximately 8 additional commercial acres available for purchase, pending a land split, allowing for significant growth potential. This prime location and established business offer a unique and lucrative investment prospect. The property is ready for a new owner to continue its legacy and capitalize on its established customer base.

Property profile
Verified
Property type Commercial real estate
Year built 1953
Total area 1,950 SF
Lot 11 ac (479,160 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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