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    848 Commercial Ave Whitewater, WI 53190

    For Sale
    $1,499,000

    Industrial Warehouse - 19,336 SF, 6 Acres

    Property size:
    19,336 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 19,336-square-foot industrial warehouse, located at 848 E Commercial Ave in Whitewater, Wisconsin, presents a compelling investment opportunity. Situated on a substantial 6.02-acre lot, this property boasts a prime location within a designated Opportunity Zone, offering significant tax advantages. Built in 1977, the warehouse is zoned M-1 and features one dock-high door, along with convenient 10' x 10' drive-in doors, ensuring efficient loading and unloading. The interior has been updated with energy-efficient new LED lighting, reducing operational costs. The property's substantial size and versatile layout make it suitable for a wide range of industrial uses. The asking price is $1,499,000, and the lease type is NNN. The property's address is 848 E Commercial Ave, Whitewater, WI 53190, and its APN is /A 64500001. This warehouse offers a rare combination of size, location, and features, making it an ideal investment for discerning buyers seeking a strong return in a thriving market. The ample lot size provides significant expansion potential or the possibility of developing additional structures. Don't miss this chance to acquire a high-quality industrial property in a desirable location.

    Property Features for 848 Commercial Ave

    General Information

    Property type
    Distribution properties
    Square Feet
    19,336 SF
    Lot Size
    262,231 SF

    Building Details

    Year Built
    1977

    HighLights

    • Located in an Opportunity Zone.
    • New LED lighting installed.
    • Features 10' x 10' drive‑in doors.
    • Large 6.02‑acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Distribution centers

    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
    Whitewater
    County
    Walworth
    State
    Wisconsin
    Longitude
    -88.7136801
    Latitude
    42.8383865

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    FAQs

    What type of property is this?
    Distribution property - Industrial Warehouse - 19,336 SF, 6 Acres
    Where is this distribution property located?
    The property is located at 848 Commercial Ave Whitewater, WI.
    What is the asking price?
    The asking price for this property is $1,499,000.
    What are key features of this property?
    This property features: Located in an Opportunity Zone.; New LED lighting installed.; Features 10' x 10' drive-in doors.
    Request Owner's contact information
    848 Commercial Ave Whitewater, WI 53190
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    Whitewater, WI 53190
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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
    848 Commercial Ave Whitewater, WI 53190
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