302 Industrial Dr Columbus, WI 53925
For Sale
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This exceptional 13,420-square-foot industrial property, located at 302 Industrial Drive in Columbus, Wisconsin, presents a compelling investment opportunity. Boasting a strong 8.00% cap rate and an asking price of $1,470,000, this single-tenant building offers significant potential for return. Currently leased to OfficeSupply.com until December 30, 2024, with a monthly rent of $10,078.55 and 3% annual increases, the property provides immediate cash flow. The building, constructed in 1971, features a 17-foot ceiling height, one story, and is situated on a 3.13-acre lot zoned I-l Light Industrial District. Tenants enjoy convenient access to ten loading docks, one dock-high door, and ample parking (3 spaces per 1,000 sq ft). The property's versatile design accommodates various uses, including executive office, flex space, warehouse, and manufacturing, making it an ideal investment for a diverse range of buyers. Its strategic location near five major highways ensures excellent accessibility and transportation links. The property includes two driveways off Industrial Drive serving the asphalt parking lot and a gravel driveway accessing the loading dock. This is a rare opportunity to acquire a well-located, income-producing industrial property with significant upside 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
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.