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Property profile & analytics
OFF-MARKET Estimated value $605,000
Industrial properties

423 Centralia St Elkhorn, WI 53121-2005

1.13 ac lot
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US92-3263408
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • West Side Machine Tool Co Industrial Manufacturer
  • Instrument Innovations - Westside Machine Tool Div JVisual Packaging Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$545k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$605k
Owner & transaction history
Raa Holdings LLC · 1 yrs held
Raa Holdings LLC
since 2025
Last sale
$650,000
3 recorded transactions
2025
$650,000
2024
Price N/A
2024
$650,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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