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Property profile & analytics
OFF-MARKET
Commercial real estate

15351 State Hwy 32 Lakewood, WI 54138

0.32 ac lot
Individually Owned 16-yr Hold ~ Est. High Equity
Property ID
US92-1753745
Property summary
AI-generated overview

This 2,125 square foot commercial property, situated on a 0.32-acre lot at 15351 State Hwy 32 in Lakewood, WI, presents a unique investment opportunity. Its prime location on Highway 32 ensures high visibility and accessibility, making it ideal for a variety of businesses. The property offers ample parking, catering to both business operations and potential rental tenants. The existing building provides versatile space suitable for a range of commercial uses, with the potential for expansion or modification to suit specific needs. The property's layout allows for separate business and rental areas, maximizing income potential. An additional area at the rear of the property offers space for an outbuilding or garage, further enhancing its functionality and value. This property is well-suited for an owner-operator seeking increased business exposure or an investor looking to add to their portfolio. The seller is open to exploring various transaction options, including a land contract or rental agreement, providing flexibility for potential buyers. This remodeled property is ready for immediate occupancy and offers significant potential for return on investment. The property's location in Lakewood provides easy access to local amenities and a strong customer base.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.32 ac (13,939 SF)
APN 198732017
UPID US92-1753745
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Kevin C Marshall · 16 yrs held
Kevin C Marshall
since 2009
1 recorded transaction
2009
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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