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Property profile & analytics
OFF-MARKET
Commercial real estate

309 Brown St Dodgeville, WI 53533-9799

0.42 ac lot
Entity Owned 3-yr Hold Free & Clear
Property ID
US92-0550993
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.42 ac (18,295 SF)
APN 216-1331
UPID US92-0550993
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
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Wolfe Rentals LLC · 3 yrs held
Wolfe Rentals LLC
since 2023
Last sale
$176,500
1 recorded transaction
2023
$176,500
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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