22990 Hwy Tomah, WI 54660
This exceptional Tomah, WI commercial property boasts 6,330 square feet on a spacious 3.63-acre lot. Currently generating substantial income, the property includes a five-bedroom, two-bathroom house leased until January 26th for $1,400 per month. A large outbuilding, comprising a 26x30 shop with a 16x24 addition and an adjoining 50x90 shop, is also under lease until January 30th, generating $2,300 monthly. An additional revenue stream comes from a Lamar sign, yielding $1,500 annually. The property's total monthly revenue currently stands at $3,825. The outbuilding features a well-insulated interior, a new 200-amp, 3-phase furnace installed in 2023, and a separate 90x25 storage area. The ample land provides significant potential for expansion, making this an ideal investment opportunity for those seeking a high-yield property with substantial growth potential in a desirable location. The property is located at 22990 Highway 21, Tomah, WI and is listed at $449,900.
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
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.