4105 Dixie Ave Wausau, WI 54401
- Commercial real estate
- 1.20 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 4105 Dixie Ave
- Lot size
- 1.20 lot acres
- Property type
- Commercial real estate
- APN
- 146-2907-094-0997
- APU
- 14629070940997
Description
This exceptional 3,584 square foot commercial building in Wausau, WI, presents a unique investment opportunity. Strategically located between Wausau and Merrill, this property boasts convenient access to major highways, ensuring effortless commuting and client visits. The building itself features generously sized office spaces suitable for a diverse range of professional uses. Ample parking is available for staff and clients. The exterior showcases distinctive black oak plank paneling on nearly all walls, complemented by a custom-built entry desk. Constructed of steel with wood framing, the building benefits from updated infrastructure, including furnaces replaced in 2001 and a rubber roof (main building) also installed in 2001. A garage addition was completed in 2010. A significant advantage is the inclusion of a 4,000-gallon holding tank. The property comprises three separate parcels, one of which is situated between Dixie Avenue and County Road K, a high-traffic area with a daily count of 6,900 vehicles, offering exceptional visibility for businesses. This prime location, coupled with the building's attractive features and substantial size, makes this an ideal property for expansion or a fresh start. The combination of updated systems, unique aesthetic features, and high-traffic location makes this a truly compelling commercial offering.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $255,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $245,000
- 6.5%
- $270,000
- 7%
- $250,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $235,000
- Geo Method
- $220,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $230,000
- Retail
- $285,000
- Mixed-Use
- $225,000
- Hospitality
- $235,000
- Educational
- $220,000
- Residential Income
- $280,000
- Energy
- $215,000
- Income-Based Land
- $235,000
- Food Service
- $290,000
Location Insight
- Map
- Local Demand
- City
- Wausau
- County
- Marathon
- State
- Wisconsin
- Longitude
- -89.6738
- Latitude
- 45.0096
- CBSA code
- 48140
- CBSA name
- WAUSAU-WESTON, WI METROPOLITAN STATISTICAL AREA