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    990 4Th St Tomahawk, WI 54487

    For Sale
    $999,000

    Prime location, vacant, 22,316 sq ft.

    Property size:
    22,316 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional mixed-use property, located at 990 N 4th St in Tomahawk, Wisconsin, presents a compelling investment opportunity. Boasting a substantial 22,316 square feet of space on a 3.19-acre lot, this vacant building offers immense potential for a variety of commercial or retail ventures. Constructed in 1990, the steel-structured building is zoned B-1 Business, providing flexibility for diverse uses. The property enjoys a prime location on a major commercial/retail thoroughfare, N. 4th Street, experiencing high traffic volume exceeding 10,000 cars daily. Features include a convenient loading dock, making operations efficient. The asking price is $999,000, translating to $44.77 per square foot. The previous use as a grocery store suggests the suitability for similar operations, but the adaptable space is equally well-suited for a wide range of businesses seeking a high-visibility location in a thriving community. The property's size, location, and zoning regulations make it an attractive prospect for investors seeking a strong return on investment in a dynamic market. The parcel number is 286-3506-271-0153.

    Property Features for 990 4Th St

    General Information

    Property type
    Mixed-use properties
    Square Feet
    22,316 SF
    Lot Size
    138,956 SF

    Building Details

    Year Built
    1990

    HighLights

    • 22,316 SF vacant building on a 3.19‑acre lot in Tomahawk, WI.
    • Located on a high‑traffic commercial thoroughfare (N. 4th St) with over 10,000 cars daily.
    • B‑1 Business zoning allows for diverse commercial/retail uses.
    • Features a loading dock and steel construction (built 1990).
    • Asking price: $999,000 ($44.77/SF).
    • Parcel number: 286‑3506‑271‑0153.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Tomahawk
    County
    Lincoln
    State
    Wisconsin
    Longitude
    -89.7280794
    Latitude
    45.4842934

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    FAQs

    What type of property is this?
    Mixed-use property - Prime location, vacant, 22,316 sq ft.
    Where is this mixed-use property located?
    The property is located at 990 4Th St Tomahawk, WI.
    What is the asking price?
    The asking price for this property is $999,000.
    What are key features of this property?
    This property features: 22,316 SF vacant building on a 3.19-acre lot in Tomahawk, WI.; Located on a high-traffic commercial thoroughfare (N. 4th St) with over 10,000 cars daily.; B-1 Business zoning allows for diverse commercial/retail uses.
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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
    990 4Th St Tomahawk, WI 54487
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