Technical
Financial
Distress signals
Property profile

423 Centralia St Elkhorn, WI 53121

OFF-MARKET
Industrial properties
Property ID
US92-3263408
1.13 ac lot
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional commercial property, located at 423 E Centralia Street in Elkhorn, Wisconsin, presents a rare opportunity in the desirable business park district. The building encompasses approximately 16,625 square feet, strategically divided into a substantial warehouse area of roughly 15,425 square feet and a convenient 1,200 square feet of office space. The warehouse boasts excellent functionality with two dock-high doors and three drive-in doors, ensuring efficient loading and unloading of goods. The clear height within the warehouse is a generous 10 feet, providing ample vertical space for storage and operations. Situated on a 1.13-acre lot, the property offers ample room for expansion or outdoor storage. A key advantage is its proximity to Interstate 43, located approximately one mile away, providing unparalleled access to major transportation routes and enhancing logistical efficiency. This property is available for both sale and lease, making it a versatile option for a variety of businesses seeking a well-equipped and strategically located facility in Elkhorn, Wisconsin. The combination of size, features, and location makes this an exceptional investment opportunity.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Lot 1.13 ac (49,223 SF)
APN YV SE 00009F
UPID US92-3263408

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Industrial Manufacturer
  • Industrial Manufacturer Production Facility

Location

423 Centralia St Elkhorn, WI 53121-2005
Elkhorn metro Census 902 WHITEWATER, WI MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$545k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$580k

Owner & transaction history

since 2025
Last sale
$650,000
3 recorded transactions
2025
$650,000
2024
Price N/A
2024
$650,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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