Property profile

1250 Hwy Platteville, WI 53818

OFF-MARKET
Commercial real estate
20,000 SF 1.11 ac lot Built 1990
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Property summary

AI-generated overview

This exceptional commercial property, situated at 1250 Highway 151 in Platteville, Wisconsin, presents a rare investment opportunity. The 20,000 square foot office building boasts a highly visible location on a major thoroughfare, Highway 151, benefiting from significant traffic volume. Its strategic placement near a four-lane highway, an industrial park, a major regional shopping area, and the local hospital ensures excellent accessibility and high visibility for tenants. The property offers convenient access to both Highway 151 and Mineral Street, along with ample parking for employees and visitors. The building is well-maintained, featuring numerous recent updates, and enjoys a strong occupancy rate with many long-term tenants. All utilities are separately metered, with tenants responsible for their respective usage. This property sits on a 1.11-acre lot, providing ample space and potential for future expansion or development. The combination of its prime location, substantial size, and strong tenant base makes this a compelling investment opportunity for both owner-occupiers and passive investors seeking a stable, high-return asset. The property's excellent condition and recent upgrades minimize immediate capital expenditure needs, maximizing potential returns from day one.

Property profile

Verified
Property type Commercial real estate
Year built 1990
Total area 20,000 SF
Lot 1.11 ac (48,352 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1250 Hwy Platteville, WI 53818
Platteville metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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