Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$650,000
Industrial properties
213644 State Hwy 13 Spencer, WI 54479-5701
Entity Owned
~
Est. High Equity
Property ID
US92-0800007
Property summary
AI-generated overview
This 35,676 square foot warehouse, located at 213644 State Hwy 13 in Spencer, Wisconsin, is offered for sale at $815,000 ($22.84/sq ft). The property sits on a 5-acre lot and features four loading docks, ceiling heights ranging from 12 feet to 15 feet 8 inches, and is zoned L-1 Light Industrial. Built in 1969 and renovated in 2016, this well-maintained facility boasts a convenient location adjacent to the CPKC rail line, providing excellent transportation options. The property is currently vacant and includes a truck weigh scale. Utilities are serviced by a well and septic system. The APN is 010-2702-193-0998. This former feed mill presents a unique opportunity for a variety of industrial uses. The property's size, location, and amenities make it an attractive investment for businesses seeking a functional and strategically located warehouse space. The property is ready for immediate occupancy.
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Lot
5 ac (217,800 SF)
Zoning code
L-I
APN
010-2702-193-0998
UPID
US92-0800007
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
Current use
Occupant on record · Public records
-
Purina Animal Nutrition (Spencer, WI) Food Processing Plant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$650k
Owner & transaction history
Clear View Solutions Group LLC
Clear View Solutions Group LLC
since 2025
Last sale
$650,000
3 recorded transactions
Zoning & alternative use
L-I · Spencer, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Spencer submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Spencer submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$14,434
Tax year 2023
Assessed value
$793,400
Assessed 2023
Previous assessed
$793,400
+0.0% YoY
Effective rate
1.82%
On assessed value
Assessed land
$39,700
Assessed improvement
$753,700
Land market value
$50,037
Improvement market value
$949,948
Total market value
$999,985
Applied tax rate
10.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Heating
NONE
Lot
5 ac (217,800 SF)
Zoning code
L-I
APN
010-2702-193-0998
UPID
US92-0800007
Jurisdiction
MARATHON
Zoning & alternative use
L-I · Spencer, WI
Zoning L-I · permitted uses
L-I · Spencer, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Spencer. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
5 ac
Current owner
From public records · entity-resolved
Clear View Solutions Group LLC
Entity
Mailing address
PO BOX 64101, SAINT PAUL, MN 55164-0101
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 29, 2025
$650,000
Clear View Solutions Group LLC
Purina Animal Nutrition LLC
Warranty Deed
$325,000 · Bank First NA
May 3, 2024
—
Purina Animal Nutrition LLC
Land Olakes INC
Quit Claim Deed
related
—
Jul 16, 2013
—
Purina Animal Nutrition LLC
Purina Animal Nutrition LLC
Quit Claim Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 213644 State Hwy 13?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
