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Property profile & analytics
OFF-MARKET Estimated value $1,655,000
Commercial real estate

1028 Mulberry St Lake Mills, WI 53551-1303

2.3 ac lot
Entity Owned 3-yr Hold Free & Clear
Property ID
US92-0729505
Property summary
AI-generated overview

This exceptional 23,500-square-foot refrigerated warehouse in Lake Mills, Wisconsin, presents a compelling investment opportunity. Built in 1993, the single-story facility sits on a 2.3-acre lot and features approximately 20,000 square feet of refrigerated space, complemented by 3,500 square feet of office space. The property boasts four loading docks, ensuring efficient operations. Strategically located just three minutes from the major I-94 interchange, this location offers unparalleled access to key transportation routes. Its proximity to significant food distribution centers, including Aldi's, Kroger, Target, and Walmart, further enhances its logistical advantages. The asking price is $2,300,000, translating to $97.87 per square foot. The property's address is 1028 Mulberry Street, Lake Mills, WI 53551, with Jefferson County and APN 246-0713-1241-026. Third-party logistics (3PL) services are available. This property is ideal for businesses seeking a well-maintained, strategically located cold storage facility with excellent access to major transportation networks and key distribution hubs.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 2.3 ac (100,319 SF)
APN 246-0713-1241-026
UPID US92-0729505
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
  • Lakeland Farms Storage Facility Warehouse & Storage
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$995k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.66M
Owner & transaction history
Dairyland Bakery LLC · 3 yrs held
Dairyland Bakery LLC
since 2023
Last sale
$2.3M
1 recorded transaction
2023
$1.0M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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