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    Decator Dr Wausau, WI 54401

    Sponsored
    For Sale
    $3,500,000

    Prime 9.2-acre commercial lot, ready to build

    Property size:
    75,975 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 9.2-acre commercial property in Wausau, Wisconsin, presents a unique investment opportunity. Priced at $3,500,000, this 75,975 square foot lot is ideally situated on the corner of SW Decator Drive and Merrill Avenue, offering high visibility and convenient access to I-39. Approved plans for a mini-storage facility are in place, including 11 units and a 100x140 foot expansion area. Extensive groundwork has already been completed, encompassing wetland delineation, a DNR-approved stormwater management report, a concept plan map, current engineering services, and projected unit pricing and mix. Permits have been approved by the Village with minor contingencies. Two existing billboard signs with current leases are included in the sale. This turnkey opportunity allows for immediate development, eliminating significant pre-construction hurdles. Detailed plans and a concept map are available for review. Don't miss this chance to own a thriving storage facility in a high-demand location.

    Property Features for 0 Decator Dr

    General Information

    Property type
    Land
    Square Feet
    75,975 SF
    Lot Size
    400,752 SF

    Building Details

    Stories
    1

    HighLights

    • 9.2‑acre commercial lot in Wausau, WI, priced at $3,500,000.
    • 75,975 square foot lot at SW Decator Drive & Merrill Avenue, with I‑39 access.
    • Approved plans for an 11‑unit mini‑storage facility with a 100x140 foot expansion area.
    • Extensive site work complete, including wetland delineation, DNR‑approved stormwater management, and engineering.
    • Village‑approved permits (minor contingencies).
    • Includes two existing billboard signs with current leases.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Wausau
    County
    Marathon
    State
    Wisconsin
    Longitude
    -89.6843667
    Latitude
    45.0026422

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    FAQs

    What type of property is this?
    Land - Prime 9.2-acre commercial lot, ready to build
    Where is this land located?
    The property is located at Decator Dr Wausau, WI.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: 9.2-acre commercial lot in Wausau, WI, priced at $3,500,000.; 75,975 square foot lot at SW Decator Drive & Merrill Avenue, with I-39 access.; Approved plans for an 11-unit mini-storage facility with a 100x140 foot expansion area.
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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
    Decator Dr Wausau, WI 54401
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