15351 State Hwy 32 Lakewood, WI 54138
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.