612 Lake St Lake Mills, WI 53551
- Commercial real estate
- 3.15 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 612 Lake St
- Lot size
- 3.15 lot acres
- Property type
- Commercial real estate
- APN
- 246-0713-1312-013
- APU
- 24607131312013
Description
This exceptional free-standing industrial building in Jefferson County, Wisconsin offers a flexible space solution, ideal for a single tenant. Boasting a total of 66,000 square feet, the property provides ample room for various operational needs. The building features convenient access to I-94, offering seamless connectivity to Madison and Milwaukee. With three loading docks and four drive-in doors, efficient loading and unloading are guaranteed. The property also includes extensive parking for up to 75 vehicles, ensuring ample space for employees and visitors. The building's strategic location presents a prime opportunity for prominent exterior and monument signage, enhancing visibility and brand recognition. Strong local demographics further solidify the property's appeal. The building is equipped with a sprinkler system, ensuring a safe and secure environment. The property is zoned industrial, allowing for a wide range of potential uses. Available space ranges from 15,000 to 66,000 square feet, providing flexibility to accommodate various business requirements. This is a rare opportunity to secure a well-located, functional, and highly visible industrial space in a thriving area.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $335,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $315,000
- 6.5%
- $355,000
- 7%
- $330,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $340,000
- Geo Method
- $290,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $280,000
- Retail
- $380,000
- Mixed-Use
- $380,000
- Hospitality
- $315,000
- Educational
- $385,000
- Residential Income
- $330,000
- Energy
- $280,000
- Income-Based Land
- $345,000
- Food Service
- $305,000
Location Insight
- Map
- Local Demand
- City
- Lake Mills
- County
- Jefferson
- State
- Wisconsin
- Longitude
- -88.903
- Latitude
- 43.0777
- CBSA code
- 48020
- CBSA name
- WATERTOWN-FORT ATKINSON, WI MICROPOLITAN STATISTICAL AREA