713 Main St Lodi, WI 53555
- Commercial real estate
- 1.24 lot acres
Current Use by Public Records
- ATM (BMO Harris Bank) / Atm
Property Details for 713 Main St
- Year built
- 1991
- Lot size
- 1.24 lot acres
- Property type
- Commercial real estate
- APN
- 11246-185.L
- APU
- 11246185L
Description
This exceptional commercial property, located at 713 N Main Street in Lodi, Wisconsin, presents a compelling investment opportunity. The building, constructed in 1991, offers 4,835 square feet of versatile space, currently zoned C1 - General Commercial, allowing for a wide range of uses. Situated on a substantial 1.245-acre lot, the property boasts excellent visibility and accessibility, making it ideal for a variety of businesses. The building's size and zoning provide ample room for expansion or adaptation to suit specific business needs. The property's location in Lodi, Wisconsin, offers a thriving community with a strong local economy. The 2020 property taxes were $17,822.48. The asking price for this prime commercial real estate is $500,000. This presents a rare chance to acquire a well-established property in a desirable location with significant potential for growth and return on investment. The property's tax key is 11246-185.L. The address is 713 N Main St, Lodi, WI 53555. This is a fantastic opportunity for an investor seeking a strong foothold in the Lodi commercial market.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $255,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $355,000
- 6.5%
- $360,000
- 7%
- $360,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $330,000
- Geo Method
- $285,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $300,000
- Retail
- $345,000
- Mixed-Use
- $315,000
- Hospitality
- $330,000
- Educational
- $305,000
- Residential Income
- $305,000
- Energy
- $290,000
- Income-Based Land
- $385,000
- Food Service
- $315,000
Location Insight
- Map
- Local Demand
- City
- Lodi
- County
- Columbia
- State
- Wisconsin
- Longitude
- -89.5351
- Latitude
- 43.3208
- CBSA code
- 31540
- CBSA name
- MADISON, WI METROPOLITAN STATISTICAL AREA