214 Commerce St Cedar Grove, WI 53013-1340
- Commercial real estate
- 0.98 lot acres
Current Use by Public Records
- Cedar Grove Auto Center / Car Repair And Maintenance Service
Property Details for 214 Commerce St
- Lot size
- 0.98 lot acres
- Property type
- Commercial real estate
- APN
- 59112552640
- APU
- 59112552640
Description
This exceptional 3,024-square-foot manufacturing building in Cedar Grove, Wisconsin, presents a unique investment opportunity. Located at 214 N Commerce St, 53013, this single-story, 1994-built property sits on a generous 0.98-acre lot (3,024 sq ft). The building boasts ceiling heights ranging from 11 to 15 feet, providing ample vertical space. Features include a well-maintained interior with air conditioning, an air makeup unit, a gas furnace, and a waste oil heater with a dedicated supply. The property also includes newer 10-foot service doors, along with an original 8-foot door. Included in the sale is the potential for acquiring existing equipment, making this a truly turnkey operation. An additional large adjacent storage building enhances the property's functionality and versatility. Currently leased until September 2025, this property offers immediate income potential and long-term development possibilities. Its prime location in Sheboygan County provides excellent access to transportation and a thriving business community. The asking price for this exceptional property is $399,000. This is an ideal opportunity for an entrepreneur seeking a ready-to-go business or an investor looking for a strong return.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $260,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $250,000
- 6.5%
- $275,000
- 7%
- $240,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $245,000
- Geo Method
- $260,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $260,000
- Retail
- $290,000
- Mixed-Use
- $265,000
- Hospitality
- $230,000
- Educational
- $250,000
- Residential Income
- $295,000
- Energy
- $300,000
- Income-Based Land
- $260,000
- Food Service
- $220,000
Location Insight
- Map
- Local Demand
- City
- Cedar Grove
- County
- Sheboygan
- State
- Wisconsin
- Longitude
- -87.8183
- Latitude
- 43.574
- CBSA code
- 43100
- CBSA name
- SHEBOYGAN, WI METROPOLITAN STATISTICAL AREA