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Property profile & analytics
OFF-MARKET
Warehouses

236 2Nd St Butternut, WI 54514

92,545 SF 86.55 ac lot Built 1971
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Warehouses
Year built 1971
Total area 92,545 SF
Lot 86.55 ac (3,770,118 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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