236 2Nd St Butternut, WI 54514
This exceptional investment opportunity presents a nearly 92,545-square-foot warehouse situated on an expansive 86.55-acre lot in Butternut, Wisconsin. Located on Highway 13, this property boasts significant recent upgrades, including a new roof, LED lighting, upgraded electrical systems, a new sprinkler system, and a new heating system. The warehouse features an 18-foot clear ceiling height, one dock-high door, and one loading dock. The property also includes approximately 3.5 acres of parking. Currently, 25% of the space is occupied, with the seller offering a leaseback option of 25,000 square feet at $2 per square foot for up to four years, providing immediate income potential. This presents a rare opportunity for owner-users or investors seeking a substantial industrial property with significant value-add potential in a prime location. The asking price is $990,000, translating to approximately $10.70 per square foot. Built in 1971 and extensively renovated in 2024, this warehouse offers a blend of established infrastructure and modern amenities. The property's size and location along Highway 13 make it an ideal choice for various industrial uses.
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
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.