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Property profile & analytics
FOR SALE
Industrial properties

405 Walter Rd Mazomanie, WI 53560

22.16 ac lot
Entity Owned 6-yr Hold ~ Est. High Equity
Property ID
US92-0316078
Property summary
AI-generated overview

This exceptional commercial property, located at 405 Walter Road in Mazomanie, Wisconsin, presents a significant investment opportunity. The expansive 27.91-acre site boasts a total of 11 buildings, encompassing a substantial 184,723 square feet of space. Currently occupied by Wick Building Inc. under a lease agreement extending through December 2025, this property offers immediate income potential and long-term growth prospects. The property's prime location provides excellent visibility and convenient access from Highway 14, ensuring high traffic exposure and ease of transportation for both employees and customers. The ample acreage allows for significant expansion possibilities, catering to future business needs and growth strategies. This is an ideal acquisition for investors seeking a substantial commercial portfolio addition with strong existing tenancy and significant development potential in a desirable location. The property's size and strategic positioning make it an attractive option for a variety of commercial uses, offering a versatile platform for diverse business ventures. The existing infrastructure and substantial land area provide a solid foundation for future development and expansion, making this a truly compelling investment opportunity. The current lease agreement provides a stable income stream while allowing for planning and preparation for future development or expansion. This property offers a rare combination of immediate income and long-term growth potential.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Lot 22.16 ac (965,290 SF)
APN 0806-171-8210-6
UPID US92-0316078
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
Current use
Occupant on record · Public records
  • Wick Buildings Inc Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Wisconsin Dept Of Transportation · 6 yrs held
Wisconsin Dept Of Transportation
since 2020
Last sale
$8,800
7 recorded transactions
2020
$8,800
2017
Price N/A
2016
Price N/A
2010
Price N/A
2010
$1.2M
2005
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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