Building Details

Year Built 1972

Buildings 3

Listing Agency: Boss Realty, LLC

Listed By: Thomas Zernia · License #5745190 Show Phone

Source: Nikolicgroup

Added: Sep 10 Changed: Oct 25 Last Checked: Oct 7 at 2:29PM

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Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Boss Realty, LLC

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Investment Insights

Based on property information with market context.

This truck stop property includes three commercial buildings totaling approximately 27,382 square feet on approximately 8 acres. The buildings measure approximately 15,284 square feet, 8,570 square feet, and 3,528 square feet, creating a substantial combination of enclosed facilities and outdoor yard space.

The property is currently used by a trucking company supporting brokerage, semi-truck and trailer sales, and service operations. Its layout includes yard area for parking and storage, with access suitable for large vehicles and equipment. Located at 3462 Town Hall Rd in Barton, Wisconsin, the property was built in 1972.

Key Highlights

• Approximately 8 acres of commercial property
• Three buildings totaling approximately 27,382 square feet
• Buildings measure approximately 15,284 SF, 8,570 SF, and 3,528 SF

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$99,708

Cap Rate

3.07%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,994,160 $2.0M

Cap Rate 7%

$1,424,400 $1.4M

Cap Rate 9%

$1,107,867 $1.1M

Is this asking price fair?

Market Conditions

NOI Build-Up for 27,382 SF

Gross rent

$149.8K $5.47/SF

− Vacancy

−$7.3K −$0.27/SF

EGI

$142.4K $5.20/SF

− OpEx

−$42.7K −$1.56/SF

NOI

$99.7K $3.64/SF

Area

Washington County, WI

Vacancy

4.90%

Lease Rate

$5.47 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,994,160

Cap Rate 7%

$1,424,400

Cap Rate 9%

$1,107,867

Alternative Uses

Best Use

Retail

$4.75M

$4.16M – $5.54M (±1% cap)

NOI $332,593 @ 7.0% cap · market cap 10.23%

Second Best

Industrial

$1.42M

$1.25M – $1.66M (±1% cap)

NOI $99,708 @ 7.0% cap · market cap 3.07%

Theoretical Best

Office A

$7.53M

$6.59M – $8.78M (±1% cap)

NOI $526,940 @ 7.0% cap · market cap 16.21%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Wiedmeyer Express, Inc Trucking Company

Suggested Use

Top Pick Parking Lot & Garage Building Supply Auto Repair Shop Electrical Service Big Box & Wholesale Store Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

41

Businesses Nearby

Explore this area Business Placement

Demographics for 53040, WI

8,358

Population

3,377

Households

2.5

Avg Household Size

44

Median Age

24%

College-Educated

95%

High-School Grad

62.9 sq mi

ZIP Area

133

Density / Sq Mi

$99,425

Median Household Income

$55,637

Median Earnings

$981

Median Rent

$312,500

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Frequently Asked Questions

What type of property is this?

Truck stop - Three-building commercial campus with yard area for truck and equipment operations.

Where is this truck stop located?

The property is located at 3462 Town Hall Rd Kewaskum, WI.

What is the asking price?

The asking price for this property is $3,250,000.

What are key features of this property?

This property features: Approximately 8 acres of commercial property; Three buildings totaling approximately 27,382 square feet; Buildings measure approximately 15,284 SF, 8,570 SF, and 3,528 SF