1411 New Pinery Rd Portage, WI 53901
- Commercial real estate
- 2.58 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1411 New Pinery Rd
- Lot size
- 2.58 lot acres
- Property type
- Commercial real estate
- APN
- 11271-2430.F11
- APU
- 112712430F11
Description
This exceptional Portage, Wisconsin property at 1411 New Pinery Rd, 53901 offers 17,000 square feet of versatile retail and warehouse space, ideal for a variety of businesses. The space is divisible, with a minimum of 6,000 square feet and up to the entire 17,000 square feet available contiguously. The property boasts excellent road frontage and ample parking, enhancing visibility and accessibility. The warehouse features high ceilings and includes one loading dock equipped with a new dock plate, plus a drive-in door with recently poured concrete. The exterior is undergoing a complete renovation, resulting in a fresh, modern look. Tenancy options are flexible, allowing for lease of the retail space, warehouse space, or a combination to suit individual business needs. This prime location presents a significant opportunity for businesses seeking a functional and attractive space in a thriving area. The property is currently undergoing exterior renovations for a modern updated look.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $365,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $395,000
- 6.5%
- $370,000
- 7%
- $350,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $395,000
- Geo Method
- $345,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $370,000
- Retail
- $385,000
- Mixed-Use
- $370,000
- Hospitality
- $380,000
- Educational
- $345,000
- Residential Income
- $455,000
- Energy
- $400,000
- Income-Based Land
- $465,000
- Food Service
- $470,000
Location Insight
- Map
- Local Demand
- City
- Portage
- County
- Columbia
- State
- Wisconsin
- Longitude
- -89.4651
- Latitude
- 43.5497
- CBSA code
- 31540
- CBSA name
- MADISON, WI METROPOLITAN STATISTICAL AREA
