Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    N5718 Pye Aly Rd Princeton, WI 54968

    • Commercial real estate
    • 840 SF
    • 1.00 lot acres
    For Sale
    View listing
    $54,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for N5718 Pye Aly Rd

    Year built
    2022
    Lot size
    1.00 lot acres
    Property size
    840 SF
    Property type
    Commercial real estate

    Description

    This exceptional commercial storage condominium, located at N5718 Pye Alley Road Unit 10 in Princeton, Wisconsin, presents a fantastic investment opportunity. Situated at the convenient intersection of Highways 23 and 73, this property offers unparalleled accessibility between Princeton and Green Lake. The unit boasts a generous 840 square feet of space, perfectly sized for a variety of storage needs. With dimensions of 21 feet by 40 feet, the unit provides ample room for business inventory, recreational vehicles, or personal belongings. Key features include 12-foot high loading doors, ensuring easy access for larger items, and readily available electricity. The property is situated on a one-acre lot and is presented in pristine, new condition. It has been meticulously maintained and is ready for immediate occupancy. This is an ideal solution for those seeking secure, convenient, and well-maintained storage space. The strategic location and practical design make this property a highly desirable asset. The combination of size, features, and location makes this a truly exceptional opportunity for organized and accessible storage. Don't miss the chance to own this well-maintained and conveniently located storage condominium.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Princeton
    County
    GREEN LAKE
    State
    Wisconsin
    Longitude
    -89.0774
    Latitude
    43.8362

    Comparable in this City

    • Value Estimation by Request
      840 SF

      N5718 Pye Aly Rd

      Commercial real estate • 840 SF
      N5718 Pye Aly Rd, Princeton, WI 54968
      View Details
    • Value Estimation by Request
      960 SF

      N5718 Pye Aly Rd

      Commercial real estate • 960 SF
      N5718 Pye Aly Rd, Princeton, WI 54968
      View Details
    • Value Estimation by Request
      2,240 SF

      N5718 Pye Aly Rd

      Commercial real estate • 2,240 SF
      N5718 Pye Aly Rd, Princeton, WI 54968
      View Details
    • Value Estimation
      $250,000
      0.80 Acres

      317 Farmer St

      COMMERCIAL (GENERAL) • 0.80 Acres
      317 Farmer St, Princeton, WI 54968-8902
      View Details
    • Value Estimation
      $250,000
      0.60 Acres

      621 Fulton St

      COMMERCIAL (GENERAL) • 0.60 Acres
      621 Fulton St, Princeton, WI 54968
      View Details
    • Value Estimation
      $250,000
      0.09 Acres

      631 Main St

      COMMERCIAL (GENERAL) • 0.09 Acres
      631 Main St, Princeton, WI 54968-9138
      View Details

    Similar Nearby for Sale

    • $169,000
      2,240 SF

      Princeton Commercial Storage Units

      Spacious storage condos near Hwy 23 & 73
      N5718 Pye Aly Rd, Princeton, WI 54968
      View Details
    • $249,000
      28,998 SF

      Princeton Commercial Redevelopment Opportunity

      Large apartment building conversion, 29,000 sq ft
      900 Sunnyview Ln, Princeton, WI 54968
      View Details
    • $54,000
      840 SF

      Princeton Commercial Storage Condo

      Spacious Storage Units - Hwy 23 & 73
      N5718 Pye Aly Rd, Princeton, WI 54968
      View Details
    • $59,000
      960 SF

      Princeton Commercial Storage Units

      Spacious storage condos near Hwy 23 & 73
      N5718 Pye Aly Rd, Princeton, WI 54968
      View Details
    • $54,000
      840 SF

      Princeton Commercial Storage Condo

      Spacious Storage Units - Hwy 23 & 73
      N5718 Pye Aly Rd, Princeton, WI 54968
      View Details
    • $59,000
      960 SF

      Princeton Commercial Storage Condos

      Spacious storage units, prime location.
      N5718 Pye Aly Rd, Princeton, WI 54968
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    N5718 Pye Aly Rd
    Princeton, WI 54968
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.