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    N18311 Us Highway 141 Pembine, WI 54156

    For Sale
    $399,900

    High-yield storage facility, 58 units.

    Property size:
    2,400 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional investment opportunity in Pembine, Wisconsin, presents a substantial portfolio of income-generating self-storage units. The property comprises two parcels totaling 2.2 acres of land with high visibility from US Highway 141. The first parcel features two 40x60 mini-storage buildings, each containing 12 units (24 units total), all situated on concrete slabs. Significant expansion potential exists on this site. The second parcel includes a 40x112 structure housing 22 units and a 16x122 structure with 12 units. All buildings are well-maintained metal-clad wood frame structures. Currently, the facility boasts approximately 100% occupancy, generating substantial rental income. The majority of the 58 units (46 units) are 10x20 and rent for $50-$60 per month, depending on tenant tenure (approximately 34 units rent for $60/month). An additional 7 units measure 10x16 and rent for $40-$50 per month. Exterior lighting is provided via on-site electricity. The total square footage of the buildings is 2,400 square feet. Annual property taxes are approximately $893. This turnkey operation offers a rare chance to acquire a thriving commercial property with strong cash flow and significant upside potential. Don't miss this chance to own a well-established and profitable self-storage business.

    Property Features for N18311 Us Highway 141

    General Information

    Property type
    Other commercial real estate
    Square Feet
    2,400 SF
    Lot Size
    95,832 SF

    Building Details

    Year Built
    1996
    Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Florist

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

    Location Insight

    • Map
    • Local Demand
    City
    Pembine
    County
    MARINETTE
    State
    Wisconsin
    Longitude
    -87.99531
    Latitude
    45.61973

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    FAQs

    What type of property is this?
    Commercial real estate - High-yield storage facility, 58 units.
    Where is this commercial real estate located?
    The property is located at N18311 Us Highway 141 Pembine, WI.
    What is the asking price?
    The asking price for this property is $399,900.
    (920) 591-6201
    Request Owner's contact information
    N18311 Us Highway 141 Pembine, WI 54156
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    Pembine, WI 54156
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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
    N18311 Us Highway 141 Pembine, WI 54156
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