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Property profile & analytics
OFF-MARKET Estimated value $1,095,000
Commercial real estate

275 Laing St Redgranite, WI 54970-9404

1.01 ac lot
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US92-2685534
Property summary
AI-generated overview

This exceptional retail property, located at 275 Laing Street, offers a substantial 12,707 square feet of space on a 1.01-acre lot. Currently vacant, this single-tenant building presents a unique opportunity for a business seeking a prominent location. The property is ideally suited for a variety of retail uses, given its size and ample parking potential afforded by the large lot. The building's entire footprint is available for lease, providing significant flexibility for tenant build-out and customization. The property features a current sublease agreement expiring February 29th, 2032, with a gross rate of $11.50 per square foot. This lease rate provides a strong foundation for future lease negotiations. The expansive lot size offers significant potential for outdoor displays, landscaping, or additional development, depending on the tenant's needs and local zoning regulations. This property's size, location, and current lease terms make it an attractive investment for a discerning business seeking a high-visibility retail presence. Interested parties are encouraged to inquire for further details and to schedule a viewing. The property is ready for immediate occupancy.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 1.01 ac (44,170 SF)
APN 176-01772-0453
UPID US92-2685534
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
AI Approach AI
$1.14M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.10M
Owner & transaction history
275 Redgranite LLC · 4 yrs held
275 Redgranite LLC
since 2021
Last sale
$1.1M
6 recorded transactions
2021
$1.1M
2021
$205,000
2019
Price N/A
2018
Price N/A
2016
Price N/A
2006
$535,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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