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    840 62Nd Ave Wausau, WI 54401

    Sponsored
    For Sale
    $6,780,000

    123,256 SF Warehouse, For Sale

    Property size:
    123,256 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 123,256-square-foot industrial property, located at 840 62nd Ave S in Wausau, Wisconsin, presents a significant investment opportunity. The building, situated on a 5.75-acre lot, is ideally suited for distribution, manufacturing, or warehousing operations. Originally constructed in 1980, with subsequent additions in 2000 and 2002, the facility boasts impressive features including clear heights reaching up to 27 feet at the peak. The property is fully sprinklered and equipped with motion-sensor T8 lighting, ensuring both safety and energy efficiency. A key advantage is its rail-served location, featuring an active rail line connected to the WATCO system via the FOXY line, providing excellent transportation capabilities. The asking price for this well-maintained and strategically located industrial center is $6,780,000, translating to $55.01 per square foot. This represents a compelling opportunity to acquire a substantial and versatile industrial asset in a thriving Wisconsin market. The property is privately owned and offered for sale directly by the owner. The property is located in Marathon County, Wisconsin, zip code 54401.

    Property Features for 840 62Nd Ave

    General Information

    Property type
    Distribution properties
    Square Feet
    123,256 SF
    Lot Size
    250,470 SF

    Building Details

    Year Built
    1980

    HighLights

    • 123,256 SF building available for sale.
    • Clear heights to 27 feet.
    • Built in 1980, with additions in 2000 and 2002.
    • Fully sprinklered.
    • Motion‑sensor T8 lighting.
    • Rail‑served property; active rail line via WATCO.
    Property Profile Location Intelligence

    Current Use by Public Records

    Trustor Coatings LLP Manufacturer Hot-Line Freight System ... Trucking Company Royale Tobacco Tobacco Shop R w Petersen ... Private Investigator

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Auto Repair Shop Hair Salon Wholesale Shop Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Wausau
    County
    Marathon
    State
    Wisconsin
    Longitude
    -89.714525533137
    Latitude
    44.951941584362

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    FAQs

    What type of property is this?
    Distribution property - 123,256 SF Warehouse, For Sale
    Where is this distribution property located?
    The property is located at 840 62Nd Ave Wausau, WI.
    What is the asking price?
    The asking price for this property is $6,780,000.
    What are key features of this property?
    This property features: 123,256 SF building available for sale.; Clear heights to 27 feet.; Built in 1980, with additions in 2000 and 2002.
    Request Owner's contact information
    840 62Nd Ave Wausau, WI 54401
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    Wausau, WI 54401
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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
    840 62Nd Ave Wausau, WI 54401
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