0 Decator Dr Wausau, WI 54401
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.