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    W10415 Wi-33 Portage, WI 53901

    For Sale
    $500,000

    Vacant auto auction site, redevelopment opportunity. High traffic location.

    Property size:
    12,040 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 12,040-square-foot retail property, zoned C-3 Hwy Interchange, presents a unique redevelopment opportunity. Located at W10415 WI-33 in Portage, Wisconsin (zip code 53901), this vacant former auto auction site sits on a substantial 12.86-acre lot (APN 11004-583.A). The single-story building, constructed in 1960 and renovated in 2018, boasts eleven 12-foot drive-in doors and one 8-foot drive-in door, offering significant potential for various commercial uses. The asking price is $500,000, translating to $41.53 per square foot. Strategically positioned at the southeast corner of Interstate 94 and Highway 33, approximately two miles west of Interstate 39, this property benefits from exceptional visibility and accessibility. Its proximity to Cascade Mountain, with its 45+ trails attracting numerous winter visitors, further enhances its appeal. Future uses will require obtaining a conditional use permit. This property is ideal for an investor seeking a high-traffic location with significant redevelopment potential.

    Property Features for W10415 Wi-33

    General Information

    Property type
    Automotive properties
    Square Feet
    12,040 SF
    Lot Size
    560,182 SF

    Building Details

    Year Built
    1960
    Buildings
    1
    Stories
    1

    HighLights

    • Vacant, former auto auction site; requires conditional use permit for future development.
    • Excellent redevelopment opportunity.
    • High‑visibility location at I‑94 and Hwy 33, roughly 2 miles west of I‑39.
    • Proximity to Cascade Mountain and its numerous winter recreation trails.
    • Features eleven drive‑in doors (ten 12' and one 8').
    Property Profile Location Intelligence

    Current Use by Public Records

    Auto shops

    Map

    City
    Portage
    County
    Columbia
    State
    Wisconsin
    Longitude
    -89.518537
    Latitude
    43.5159226

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    FAQs

    What type of property is this?
    Automotive property - Vacant auto auction site, redevelopment opportunity. High traffic location.
    Where is this automotive property located?
    The property is located at W10415 Wi-33 Portage, WI.
    What is the asking price?
    The asking price for this property is $500,000.
    What are key features of this property?
    This property features: Vacant, former auto auction site; requires conditional use permit for future development.; Excellent redevelopment opportunity.; High-visibility location at I-94 and Hwy 33, roughly 2 miles west of I-39.
    Request Owner's contact information
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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
    W10415 Wi-33 Portage, WI 53901
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