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Property profile & analytics
OFF-MARKET
Self storage facilities

1958 140Th St New Richmond, WI 54017

1,125 SF Built 2024
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity features sixty brand-new, 1,125-square-foot garage condos in New Richmond, Wisconsin. Each unit boasts 16-foot ceilings, a 14 x 14 powered overhead door, and steel-sided construction with insulated walls and ceilings. Located at 1958 140th St, 54017, these commercial-zoned properties offer secure storage solutions for boats, RVs, and classic cars, or can be transformed into versatile workshops or hobby spaces. The property includes a secured fence with keyless entry power gate, individual unit heating and ceiling fans, four high-bay LED lights, WiFi, and surveillance cameras. Pre-roughed plumbing, in-floor heating options, and an electrical panel with ample outlets allow for customization. Essential maintenance is handled by the HOA. Upgrades such as EV chargers, 30 AMP RV power, epoxy flooring, and mezzanine levels are available. Built in 2024, these units represent a unique blend of storage and workspace potential, ideal for owner-users. The asking price is $149,900 per unit. The property is situated in St. Croix County and has a permitted commercial zoning. The APN is TBD.

Property profile
Verified
Property type Self storage facilities
Year built 2024
Total area 1,125 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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