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    101 Hill St Thorp, WI 54771

    For Sale
    Contact for pricing

    BP/McDonald's - High-Traffic Location

    Property size:
    5,742 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional owner-user opportunity features a thriving BP gas station and a high-performing McDonald's co-tenancy, situated on a 71.72-acre lot at 101 W Hill St, Thorp, WI 54771. The 5,742 square foot, single-story building, constructed in 1977 and renovated in 2019 and 2024, boasts a C-Commercial zoning classification. The property benefits from a strategic location along Highway 29, a major east-west corridor, and proximity to a highway interchange. The BP station recently underwent a $100,000 rebranding, and enjoys a long-term sales history. McDonald's also demonstrates strong performance in this location. Additional income potential exists through an attached car wash (requiring upgrades). The property includes approximately 30 surface parking spaces. The current convenience store operator is on a month-to-month lease, but the owner will consider long-term leases with qualified operators. The property's annual net operating income (NOI) is $960,000, encompassing both the BP/convenience store and McDonald's rental income. The area has experienced a 9% population increase since 2010, further supporting the property's strong investment potential. The property is conveniently located within a half-hour of Highway 53 and the Chippewa Valley Regional Airport. APN: 286-0891.000, 286-0891.001.

    Property Features for 101 Hill St

    General Information

    Property type
    Individual retail properties
    Square Feet
    5,742 SF
    Class
    C
    Lot Size
    3,124,123 SF

    Building Details

    Year Built/Renovated
    1977/2019
    Buildings
    1
    Stories
    1

    HighLights

    • BP recently invested $100,000 in a gas station/convenience store rebranding.
    • Gas station boasts a proven long‑term sales history (details available upon request).
    • High‑performing McDonald's co‑tenancy (sales figures available upon request).
    • Strategic Highway 29 location, a major east‑west corridor with a highway interchange.
    • Attached car wash offers additional income potential after upgrades.
    • Located within 30 minutes of Highway 53 and Chippewa Valley Regional Airport.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    bp Gas Station McDonald's Fast Food Restaurant Ace Oil Express ... Convenience Store ATM (Ace Oil ... Atm

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Thorp
    County
    Clark
    State
    Wisconsin
    Longitude
    -90.80098
    Latitude
    44.9535054

    Nearby Similar for Sale

    • $289,000
      3,417 SF

      2 FWA furnaces in 2006

      1 in 2002
      316 Washington St, Thorp, WI 54771
      View Details

    FAQs

    What type of property is this?
    Individual retail property - BP/McDonald's - High-Traffic Location
    Where is this individual retail property located?
    The property is located at 101 Hill St Thorp, WI.
    What are key features of this property?
    This property features: BP recently invested $100,000 in a gas station/convenience store rebranding.; Gas station boasts a proven long-term sales history (details available upon request).; High-performing McDonald's co-tenancy (sales figures available upon request).
    Request Owner's contact information
    101 Hill St Thorp, WI 54771
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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
    101 Hill St Thorp, WI 54771
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