500 Robert St Grantsburg, WI 54840-7954
- Commercial real estate
- 3.69 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 500 Robert St
- Lot size
- 3.69 lot acres
- Property type
- Commercial real estate
- APN
- 07-131-2-38-19-14-5 15-385-046000
- APU
- 9223372036854775807
Description
This expansive commercial property, located at 500 S Robert Street in Grantsburg, Wisconsin, presents a unique investment opportunity. The main building boasts an impressive 31,500 square feet of versatile space, perfect for a variety of commercial uses. The high ceilings, reaching 30 feet at the peak, and the absence of any interior support columns allow for maximum flexibility in layout and design. The building's dimensions are substantial, measuring 120 feet by 240 feet, providing ample room for large-scale operations. Two additional structures, each measuring 30 feet by 60 feet and 30 feet by 30 feet respectively, offer further expansion possibilities or dedicated storage areas. The property features 14-foot-high doors, facilitating easy access for large equipment or vehicles. A significant advantage is the presence of a full parking lot, ensuring convenient parking for employees, customers, or clients. Situated in the Village of Grantsburg, this property benefits from a convenient location within the community. The 3.69-acre lot provides ample space for future development or expansion. This is a rare opportunity to acquire a large, well-situated commercial building with significant potential for growth and adaptation to various business needs. The asking price for this exceptional property is $450,000.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $240,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $250,000
- 6.5%
- $275,000
- 7%
- $240,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $255,000
- Geo Method
- $280,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $295,000
- Retail
- $280,000
- Mixed-Use
- $255,000
- Hospitality
- $220,000
- Educational
- $230,000
- Residential Income
- $295,000
- Energy
- $230,000
- Income-Based Land
- $230,000
- Food Service
- $280,000
Location Insight
- Map
- Local Demand
- City
- Grantsburg
- County
- Burnett
- State
- Wisconsin
- Longitude
- -92.6782
- Latitude
- 45.7757