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Property profile & analytics
OFF-MARKET
Commercial real estate

E4508 County Road K Algoma, WI 54201

5,000 SF 5.31 ac lot Built 1850
Property ID
Property summary
AI-generated overview

This exceptional turnkey business opportunity in Algoma, Wisconsin, presents a rare chance to acquire a well-established commercial property and its associated thriving business. The property, located at E4508 and E4500 County Road K, encompasses a substantial 5,000 square feet of building space situated on a generous 5.31-acre lot. For over four decades, Spudes Mill Equipment has operated successfully from this location, recently transitioning its focus to metal fabrication. This transition provides a solid foundation for continued success, offering a diverse range of potential applications for the existing infrastructure and equipment. The sale includes not only the real estate itself but also all existing equipment and furnishings, providing a seamless transition for the new owner. This comprehensive package eliminates the need for significant upfront investment in equipment and setup, allowing for immediate operational continuity. The expansive lot offers ample space for expansion, storage, or future development, presenting significant opportunities for growth and diversification. This is an unparalleled opportunity to acquire a profitable, established business with significant potential for future expansion in a desirable location. The property's size and location make it ideal for a variety of commercial uses, offering a versatile investment opportunity with strong potential for return. Serious inquiries are encouraged to explore this unique offering further.

Property profile
Verified
Property type Commercial real estate
Year built 1850
Total area 5,000 SF
Lot 5.31 ac (231,304 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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