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Property profile & analytics

5320 Washington Ave Mount Pleasant, WI 53406-4229

  • Auto shops
  • 0.49 lot acres
OFF-MARKET
Last Sale
Sep 17, 2024
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US92-1089612
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Isalis / Gift Shop / Boutique
  • Party City / Balloon Store / Candy Store
  • Skunk Funk / Wholesaler / Clothing Store
  • Carl's Trading Co / Hat Shop
  • Bushka's Kitchen LLC / Outdoor Clothing And Equipment Shop

Property Details for 5320 Washington Ave

Lot size
0.49 lot acres
Property type
Auto shops
APN
151 032213069000
APU
151032213069000

Description

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.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Mount Pleasant
County
Racine
State
Wisconsin
Longitude
-87.8441
Latitude
42.7192
CBSA code
39540
CBSA name
RACINE, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$7,319
$320,200
$84,800
$405,000
-
$321,031
$85,020
$406,051
More about this property
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