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Property profile & analytics
OFF-MARKET
Auto shops

5320 Washington Ave Mount Pleasant, WI 53406-4229

0.49 ac lot
Individually Owned 1-yr Hold Absentee Owner Free & Clear
Property ID
US92-1089612
Property summary
AI-generated overview

This exceptional 4,296-square-foot retail building, situated on a 0.55-acre lot in Mount Pleasant, Wisconsin, presents a rare automotive-focused investment opportunity. Located on Washington Avenue, this single-story building boasts a prime location on Highway 20, experiencing high daily traffic volume of 62,300 vehicles. The property features ample parking with 14 spaces, making it convenient for customers and employees. The building is entirely vacant, offering immediate occupancy for a new tenant. The lease structure is a triple net (NNN) lease, meaning the tenant is responsible for property taxes, insurance, and common area maintenance, including landscaping and snow removal. This allows for predictable and manageable operating expenses for the tenant. The property also offers excellent visibility and signage opportunities, including monument and building signage, ensuring high brand recognition. The building's automotive-specific zoning makes it ideal for a variety of automotive-related businesses. This is a unique chance to acquire a well-located, versatile retail space in a high-traffic area of Racine County, Wisconsin, with zip code 53406. The property is easily accessible from Highway 20, providing excellent exposure to a large customer base. This turnkey property is ready for immediate occupancy and offers significant potential for growth and return on investment.

Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Lot 0.49 ac (21,344 SF)
APN 151 032213069000
UPID US92-1089612
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
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
John Willkomm · 1 yrs held
John Willkomm
since 2024
6 recorded transactions
2024
Price N/A
2016
$950,000
2004
$874,800
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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