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    W12203 Wi-23 Trunk Ripon, WI 54971

    Sponsored
    For Sale
    $664,900

    Live/work opportunity, highway frontage

    Property size:
    1,581 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1,581 square foot property in Ripon, Wisconsin, presents a unique live/work opportunity. Located on 1.48 acres along Highway 23 (W12203 WI-23 Trunk), this single-story, 1996-built building offers a blend of residential comfort and commercial potential. The property includes a 2.5-car garage, plus two substantial shop spaces measuring 30x40 and 42x40 feet, ideal for an auto shop or similar business. The home boasts three bedrooms and two bathrooms, recently updated with features such as heated floors and a new furnace, water heater, and air conditioning system. An open-concept living room and kitchen flow seamlessly to a back patio with updated landscaping, stonework, and a fire pit. The property is zoned for residential use with a conditional use permit allowing business operation and signage. This turnkey operation is offered at $664,900 ($420.56/sq ft) and is currently 100% occupied. The property's versatile layout and ample space provide significant customization potential for various business ventures or personal projects. The combination of residential comfort and commercial functionality makes this a rare and attractive investment opportunity, offering both immediate income and long-term growth potential. The property's location on a major highway provides excellent visibility and accessibility. The parcel's APN is T17-16-14-25-16-002-00.

    Property Features for W12203 Wi-23 Trunk

    General Information

    Property type
    Automotive properties
    Square Feet
    1,581 SF
    Lot Size
    64,469 SF

    Building Details

    Year Built
    1996
    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • Live/work opportunity ideal for reducing commute time.
    • Extensive shop space: 2.5‑car garage plus two shops (30x40 & 42x40).
    • Residential zoning with business flexibility.
    • Highly customizable layout for diverse uses.
    • Offers privacy and security in a residential setting.
    • Strong long‑term investment potential due to unique features.
    Property Profile Location Intelligence

    Current Use by Public Records

    Auto shops

    Map

    City
    Ripon
    County
    Fond du Lac
    State
    Wisconsin
    Longitude
    -88.7703209
    Latitude
    43.8256101

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    FAQs

    What type of property is this?
    Automotive property - Live/work opportunity, highway frontage
    Where is this automotive property located?
    The property is located at W12203 Wi-23 Trunk Ripon, WI.
    What is the asking price?
    The asking price for this property is $664,900.
    What are key features of this property?
    This property features: Live/work opportunity ideal for reducing commute time.; Extensive shop space: 2.5-car garage plus two shops (30x40 & 42x40).; Residential zoning with business flexibility.
    (920) 251-6748
    Request Owner's contact information
    W12203 Wi-23 Trunk Ripon, WI 54971
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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
    W12203 Wi-23 Trunk Ripon, WI 54971
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