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Property profile & analytics
OFF-MARKET
Commercial real estate

2091 State St Superior, WI 54880-8125

0.19 ac lot
Individually Owned 1-yr Hold Free & Clear
Property ID
US92-0378169
Property summary
AI-generated overview

This exceptional investment property, situated on a sizable 0.61-acre corner lot in the heart of Oliver, Superior, Wisconsin, presents a rare opportunity for savvy investors. The property features a main storage building comprising twelve individual units, eight measuring 10'x10' and four measuring 5'x10'. All units are currently leased on a month-to-month basis, offering immediate cash flow and flexibility. Adding to the income potential, a two-car garage has been cleverly subdivided to create two additional rental spaces. Further enhancing the property's income-generating capabilities is a 20'x10' metal storage container, also available for lease. Currently generating $950 per month in rental income at existing rates, a market analysis suggests significant potential for increased revenue through adjustments to rental pricing. The property's low-maintenance design and established tenant base make it an ideal "plug-and-play" investment, requiring minimal effort to manage and maximize returns. The property's prime location and diverse rental options ensure a strong and stable income stream. This is a turnkey investment ready for immediate income generation. Don't miss this chance to acquire a profitable and easily managed commercial property.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.19 ac (8,233 SF)
APN OL-165-01361-00
UPID US92-0378169
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
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Glenn Robert Wallen · 1 yrs held
Glenn Robert Wallen
since 2025
Last sale
$105,000
3 recorded transactions
2025
$50,000
2025
$105,000
2014
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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