Property profile

104 Commercial Dr Columbus, WI 53925

FOR SALE
Commercial land
Property ID
US92-1030670
1.24 ac lot
Individually Owned 12-yr Hold Free & Clear
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For Sale
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104 Commercial Dr, Columbus, WI 53925
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Property summary

AI-generated overview

This 1.25-acre commercial lot at 104 Commercial Drive in Columbus, Wisconsin, presents a unique investment opportunity. Located in a high-growth area poised for further development due to the planned expansion of a major Wisconsin retailer, this property offers significant upside potential. The seller is highly motivated, making this an attractive proposition for buyers with a vision. The expansive lot features multiple access points, providing exceptional flexibility for a wide range of commercial uses. This versatility allows for creative development plans, catering to various business needs and maximizing the property's potential. The strategic location and the anticipated increase in property value due to the retailer's expansion make this a compelling investment for both short-term and long-term gains. The absence of existing structures allows for complete customization, enabling the construction of a building perfectly tailored to your specific business requirements. This prime commercial land is ready for immediate development, offering a rare chance to establish a thriving business in a dynamic and expanding market. Serious inquiries are encouraged. The asking price is $549,000.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 1.24 ac (54,232 SF)
APN 11211-1111.025
UPID US92-1030670

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

104 Commercial Dr Columbus, WI 53925
Columbus metro Census 971200 MADISON, WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$280k

Owner & transaction history

since 2013
1 recorded transaction
2013
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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