2301 Lake Rd Altoona, WI 54720
This exceptional 600 square foot commercial land parcel, located at 2301 Lake Road 5 in Altoona, Wisconsin, 54720, presents a unique investment opportunity. Priced at $54,900, this property is perfect for various commercial uses. The land is currently improved with newly constructed garages, each measuring 40 x 15 feet. These garages feature 11-foot sidewalls, a 10 x 10 overhead door, and are finished and insulated. Firewalls between units ensure added safety and security. The garages are suitable for storing a wide range of vehicles and equipment, including boats, RVs, ATVs, motorcycles, snowmobiles, trailers, and other large items. The low association fees make this a cost-effective alternative to renting, offering the benefits of ownership and peace of mind. The property's convenient location in Altoona, Wisconsin provides easy access to local amenities and transportation routes. This is an excellent opportunity to acquire a versatile commercial property with significant potential. The latitude and longitude coordinates are 44.8111559, -91.4448398. This property is zoned for commercial use.
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
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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.