0 Decator Dr Wausau, WI 54401
This 9.2-acre commercial property in Wausau, Wisconsin, is ideally situated near I-39, offering high visibility and excellent access. Priced at $900,000, this parcel is zoned for commercial use and comes with pre-approved plans for the construction of eleven mini-storage units, totaling over 75,000 square feet. Detailed plans, including a wetland delineation, stormwater management report (approved by the Wisconsin DNR), a concept plan map, engineering services, and projected unit mix/pricing, are available for review. The property also includes two billboard signs currently under lease. Located on the corner of SW Decator Drive and Merrill Avenue, just off Highway K, this site benefits from its strategic location and the scarcity of future mini-storage development opportunities in the Village of Maine. A land survey will be completed by the seller at their expense. Current property taxes (2023) reflect the land's current state. This is a unique opportunity to acquire a ready-to-build commercial property in a high-demand location. The Village of Maine has ceased approving new mini-storage facilities, making this a rare and valuable investment.
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.