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    1250 Hwy Platteville, WI 53818

    For Sale
    $980,000

    High-traffic location, 20,000 sq ft office building.

    Property size:
    20,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    312
    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 Features for 1250 Hwy

    General Information

    Property type
    Other commercial real estate
    Square Feet
    20,000 SF
    Lot Size
    48,352 SF

    Building Details

    Year Built
    1990
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Platteville
    County
    GRANT
    State
    Wisconsin
    Longitude
    -90.481
    Latitude
    42.7357

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic location, 20,000 sq ft office building.
    Where is this commercial real estate located?
    The property is located at 1250 Hwy Platteville, WI.
    What is the asking price?
    The asking price for this property is $980,000.
    (608) 348-4200
    Request Owner's contact information
    1250 Hwy Platteville, WI 53818
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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
    1250 Hwy Platteville, WI 53818
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