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Property profile & analytics
FOR SALE
Commercial real estate

101 W Hill St Thorp, WI 54771

0.71 ac lot
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US92-2286337
Property summary
AI-generated overview

This exceptional owner-user opportunity features a thriving BP gas station and a high-performing McDonald's co-tenancy, situated on a 71.72-acre lot at 101 W Hill St, Thorp, WI 54771. The 5,742 square foot, single-story building, constructed in 1977 and renovated in 2019 and 2024, boasts a C-Commercial zoning classification. The property benefits from a strategic location along Highway 29, a major east-west corridor, and proximity to a highway interchange. The BP station recently underwent a $100,000 rebranding, and enjoys a long-term sales history. McDonald's also demonstrates strong performance in this location. Additional income potential exists through an attached car wash (requiring upgrades). The property includes approximately 30 surface parking spaces. The current convenience store operator is on a month-to-month lease, but the owner will consider long-term leases with qualified operators. The property's annual net operating income (NOI) is $960,000, encompassing both the BP/convenience store and McDonald's rental income. The area has experienced a 9% population increase since 2010, further supporting the property's strong investment potential. The property is conveniently located within a half-hour of Highway 53 and the Chippewa Valley Regional Airport. APN: 286-0891.000, 286-0891.001.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.71 ac (30,928 SF)
APN 286.0891.001
UPID US92-2286337
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • bp Gas Station
  • McDonald's Restaurant Take-out & Catering
  • Ace Oil Express Inc. Grocery & Convenience Store
  • ATM (Ace Oil Express Inc) Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$3.27M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.24M
Owner & transaction history
101 W Hill St LLC · 3 yrs held
101 W Hill St LLC
since 2023
Last sale
$3.2M
3 recorded transactions
2023
Price N/A
2023
$3.2M
2023
$2.1M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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