2713 Nicholas Rd Franksville, WI 53126-9796
This exceptional 39,378-square-foot industrial property, located at 2713 Nicholas Rd, Raymond, WI 53126, presents a compelling investment opportunity. Built in 1993 and renovated in 2007, this functional owner/user facility boasts versatile zoning (M-2 General Industrial) suitable for manufacturing, warehousing, and distribution. The property sits on a 1.849-acre lot and features one loading dock and three dock-high doors, facilitating efficient operations. Inside, you'll find a 19-foot ceiling height, ample parking, and high-efficiency lighting. The building is constructed of masonry block and includes gas-fired hanging HVAC units. Further enhancing its functionality are three bridge cranes (two 10-ton and one 5-ton), private offices, a conference room, restrooms, and a substantial open area. Conveniently located 1.2 miles from I-94, this property offers easy access to major transportation routes, with proximity to Madison (90 minutes), Milwaukee (22 minutes), and Chicago (80 minutes). The 2023 property taxes totaled $18,174.45. Utilities are provided by a well and septic system. The asking price is $2,495,000, translating to $63.36 per square foot. The property's APN is 168-04-21-36-001-030. This is a rare opportunity to acquire a well-maintained, strategically located industrial facility with significant potential.
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
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