309 Brown St Dodgeville, WI 53533-9799
This vacant 2,400-square-foot industrial distribution center, located at 309 Brown Street in Dodgeville, Wisconsin, presents a compelling investment opportunity. Priced at $299,000 ($124.58/SF), this single-story, 1976-built Class C building sits on a 0.42-acre lot and is zoned B-H, offering flexible usage potential. The property features three loading docks, a 9-foot ceiling height, and ample space suitable for various industrial purposes, including material storage and distribution. The existing layout includes some office space with a reception area and bathroom. Its convenient location near Highways 18/151 and 23 enhances its accessibility. The property's previous use as a distribution center, combined with the available green space behind the building, presents a significant value-add opportunity, such as the potential development of self-storage units to generate additional income. The property is offered as a NNN lease or for sale. This is a single-tenant, vacant building.
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.