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OFF-MARKET
Warehouses

3123 Nightfall Ln Rhinelander, WI 54501

Property ID
Property summary
AI-generated overview

Exceptional investment opportunity: a well-established storage unit complex in Rhinelander, Wisconsin, is available for $715,000. This property boasts 2 acres of land and includes nine buildings containing a total of 51 storage units. The unit sizes are diverse, catering to a wide range of needs: four 10x14 ft units, ten 10x12 ft units, and thirty-seven 10x24 ft units. Currently, all units are fully rented, ensuring immediate cash flow for the new owner. Beyond the storage units, the property includes several valuable outbuildings. These include a 24x24 ft garage with a concrete floor, a 32x32 ft heated shop featuring concrete flooring, insulation, drywall, a 60-gallon air compressor, a welder outlet, and a small office space. There's also a 40x40 ft unheated raw shop with a concrete floor, and a 36x60 ft building rebuilt in 2021 on original footings with a gravel floor. This versatile complex is conveniently located minutes from Rhinelander, offering easy access and strong potential for continued growth and profitability. The property's location is easily accessible via WI-17 S, US-8 W, County Rd G, Sunset Dr, and Nightfall Ln. This is a turnkey operation with immediate rental income and significant upside potential. Don't miss this chance to acquire a thriving, income-producing asset in a desirable location.

Property profile
Verified
Property type Warehouses
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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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