Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3356 County Line Rd Colgate, WI 53017
    Back to Search
    Property profile & analytics

    3356 County Line Rd, Colgate, WI 53017

    View on Map
    • Retail properties & Spaces
    • 8,400 SF
    • 11.16 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Mitech Automotive / Auto Repair Shop

    Property Details for 3356 County Line Rd

    Year built
    1965
    Lot size
    11.16 lot acres
    Property type
    Retail properties & Spaces
    Property subtype
    Auto shops

    Description

    This turnkey auto repair business in Colgate, Wisconsin, is offered for sale at $850,000. The property includes a well-established 8,400 square foot facility situated on an 11.16-acre lot with ample parking (40 spaces). The business boasts 17 years of operation at this location and includes extensive equipment: three surface mount lifts, a fork truck, compressors, tools, a POS system, and a comprehensive database. The property comprises three attached masonry buildings, a wood-frame structure, and a single-family residence with a 2.5-car detached garage. The versatile B-3 and A-2 zoning permits various uses, including used car sales and service. High traffic counts (approximately 16,300 cars daily, per WiDOT) ensure excellent visibility and potential. The property features convenient access with two 10' x 10' drive-in dock doors and one 14' x 12' overhead door. The buildings and real estate are offered separately from the business

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Colgate
    County
    Washington
    State
    Wisconsin
    Longitude
    -88.2053
    Latitude
    43.1932

    Comparable in this City

    • Value Estimation by Request
      21,824 SF

      25901 County Line Rd

      Retail properties & Spaces
      25901 County Line Rd, Colgate, WI 53017
      View Details
    • Value Estimation by Request
      80.00 Acres

      Colgate, WI 53017

      COMMERCIAL (GENERAL)
      Colgate, WI 53017
      View Details
    • Value Estimation by Request
      70.00 Acres

      5454 County Rd Q Q

      COMMERCIAL (GENERAL)
      5454 County Rd Q Q, Colgate, WI 53017-9786
      View Details
    • Value Estimation
      $1,025,000
      1.37 Acres

      4522 County Rd Q Q

      COMMERCIAL (GENERAL)
      4522 County Rd Q Q, Colgate, WI 53017-9728
      View Details
    • Value Estimation by Request
      1.42 Acres

      2108 State Hwy 164

      COMMERCIAL (GENERAL)
      2108 State Hwy 164, Colgate, WI 53017
      View Details
    • Value Estimation by Request
      4.91 Acres

      106 State Rd 164

      COMMERCIAL (GENERAL)
      106 State Rd 164, Colgate, WI 53017-9732
      View Details

    Similar Nearby for Sale

    • $995,000
      4.91 Acres

      Colgate Commercial Land Redevelopment Opportunity

      Prime commercial land with redevelopment potential in Colgate, Wisconsin.
      106 State Hwy, Colgate, WI 53017
      View Details
    • $2,500,000
      66.19 Acres

      Richfield Vacant Land Development Opportunity

      66+/- acre land parcel suitable for mixed-use development.
      4440 County Hwy, Colgate, WI 53017
      View Details
    • $195,000
      1.25 Acres

      Colgate, WI Vacant Land Homesite

      Exclusive homesite in Colgate, WI with countryside views.
      11 Lakeview Ridge Ln, Colgate, WI 53017
      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.
    3356 County Line Rd
    Colgate, WI 53017
    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

    Thank You for Inquiry
    3356 County Line Rd, Colgate, WI, 53017
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!