5300 Hwy Laona, WI 54541
This exceptional 6.33-acre commercial property in Laona, Wisconsin, presents a unique investment opportunity. The site boasts a substantial 7,800 square foot steel-reinforced commercial building, ideally suited for a variety of uses. The building features 14-foot high overhead doors, three-phase electric service, and ample blacktop for easy access by large vehicles like dump trucks and trailers. Adding to its versatility, the building includes separate living quarters comprising two bedrooms, two and a half bathrooms, a full kitchen, a living room, and a large office. The property also includes a luxurious four-bedroom, three and a half-bathroom home situated on the land, which is enhanced by a picturesque pond. High visibility from Highway 8 ensures excellent exposure for any business. The property's proximity to the Crandon International Raceway adds to its appeal and potential for related businesses. This exceptional combination of commercial space, residential amenities, and prime location offers endless possibilities for entrepreneurs and investors alike. The asking price for this remarkable property is $989,000. Located in Forest County, Wisconsin, with the address 5300 Hwy 8, Laona, WI 54541, this property is ready for its next chapter.
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.