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    236 S 2Nd St Butternut, WI 54514

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    For Sale
    $875,000

    92,545 SF industrial building on 90 acres near Highway 13.

    Property size:
    92,545 SF
    Lot size:
    15.90 Acres

    Property Features for 236 S 2Nd St

    General Information

    Size
    92,545 SF
    Lot size
    15.90 Acres

    Source: Marcus & Millichap Agent Michael Hughes

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Highway 13 Industrial Property For Sale

    This industrial property offers approximately 92,545 square feet of space on almost 90 acres of land. The property has undergone extensive recent renovations, including new LED lighting, upgraded electrical systems, new roofs, upgraded heating, and a new sprinkler system. Approximately 25,000 square feet is currently leased to a tenant at $3,000 per month. The property is located on Wisconsin Highway 13.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Auto Repair Shop Wholesale Shop Accounting Firm Hotel & Motel Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Butternut
    County
    Ashland
    State
    Wisconsin
    Longitude
    -90.4932511
    Latitude
    46.0114204

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    FAQs

    What type of property is this?
    Industrial property - 92,545 SF industrial building on 90 acres near Highway 13.
    Where is this industrial property located?
    The property is located at 236 S 2Nd St Butternut, WI.
    What is the asking price?
    The asking price for this property is $875,000.
    What are key features of this property?
    This property features: - Almost 95,000 square feet of industrial space.; - Situated on almost 90 acres of land.; - Extensive recent renovations including new LED lighting, upgraded electrical, new roofs, upgraded heating and new sprinkler system.
    (262) 364-1930
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    236 S 2Nd St Butternut, WI 54514
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    Butternut, WI 54514
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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
    236 S 2Nd St Butternut, WI 54514
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