402 N Main St Walworth, WI 53184
This exceptional industrial property, located at 402 N Main Street in Walworth, Wisconsin, presents a significant investment opportunity. The 87,398 square foot warehouse sits on an expansive 11.93-acre lot and is zoned M-1. Built in 1953 with renovations completed in 1985, the property boasts a main building encompassing 87,398 square feet, including 5,133 square feet of office space. In addition to the main building, there's a roughly 2,160 square foot outbuilding and a 3,991 square foot rail depot, offering versatile storage and operational capabilities. The warehouse features six loading docks, including two dock-high doors, and impressive ceiling heights ranging from 11 to 12 feet. The property is currently vacant, providing immediate occupancy for the new owner. The asking price is $2,300,000, translating to $26.31 per square foot. The property benefits from robust power infrastructure, including a 4000 amp, 120/240V, 3-phase service. This property is an excellent choice for businesses seeking a large, well-equipped warehouse in a strategic location. Its size, features, and location make it a highly desirable asset in the Walworth County market. The zip code is 53184.
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Iseli Precision Industrial Manufacturer
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
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.