Property profile

10561 State Rd 70 Siren, WI 54872

OFF-MARKET
Commercial real estate
Property ID
US92-2378342
0.32 ac lot
Individually Owned 1-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional commercial property, located at 10561 State Road 70 in Siren, Wisconsin, presents a unique investment opportunity. Priced at $135,000, this special purpose property encompasses land currently operating as Backwoods Beer & Bait. Situated on a high-traffic highway between Grantsburg and Siren, in Burnett County, this established business boasts a rich history, having served the community since the late 1950s. The store offers a diverse range of products, including bait, liquor, beer, and convenience items, catering to both local residents and hunters. Its prime location and established customer base make it an attractive prospect for entrepreneurs seeking a turnkey operation. The property's zip code is 54872, and its geographic coordinates are 45.7718291 latitude and -92.5264518 longitude. This presents a rare chance to acquire a profitable, historically significant business with immediate income potential. The property is zoned for commercial use and offers significant upside for a motivated buyer. This is a truly remarkable opportunity to own a piece of Siren's history and build upon its existing success.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.32 ac (13,939 SF)
APN 07-006-2-38-17-19-2 02-000-014000
UPID US92-2378342

Cap rate & NOI

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

Location

10561 State Rd 70 Siren, WI 54872-8551
Siren metro Census 970800
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$240k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$240k

Owner & transaction history

since 2024
1 recorded transaction
2024
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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