Technical
Financial
Distress signals
Property profile

2928 Lakeshore Dr Sheboygan, WI 53081

OFF-MARKET
Gas stations
Property ID
US92-1029426
2,960 SF 0.19 ac lot Built 1940
Entity Owned 17-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional commercial property, located at 2928 Lakeshore DRIVE in Sheboygan, Wisconsin, presents a fantastic opportunity for a variety of business ventures. Spanning 2,960 square feet and situated on a 0.19-acre lot, this building offers ample space for diverse uses. Previously utilized as an automobile repair shop and used car sales facility, its adaptable layout makes it suitable for a wide range of commercial applications. The property's strategic location in Sheboygan provides excellent visibility and accessibility, making it an attractive option for businesses seeking a prominent presence in the community. The building's existing infrastructure could be easily adapted to suit a variety of needs, from storage facilities to retail spaces, workshops, or light industrial operations. The substantial square footage allows for flexibility in design and layout, catering to the specific requirements of prospective tenants. This property represents a compelling investment opportunity, offering a solid foundation for future growth and success. The asking price of $189,500 makes this a highly competitive offering in the current market. Serious inquiries are encouraged to explore the full potential of this versatile commercial space. Don't miss this chance to acquire a prime commercial property in a thriving Wisconsin community.

Property profile

Verified
Property type Gas stations
Use group SERVICE STATION (FULL SERVICE)
Year built 1940
Construction STEEL FRAME
Total area 2,960 SF
Lot 0.19 ac (8,400 SF)
Zoning code BA5
APN 59281310170
UPID US92-1029426

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2928 Lakeshore Dr Sheboygan, WI 53081
Sheboygan metro Census 1100 SHEBOYGAN, WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$275k

Owner & transaction history

since 2009
1 recorded transaction
2009
Price N/A

Zoning & alternative use

BA5 · Sheboygan, WI

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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