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Property profile & analytics
OFF-MARKET
Commercial real estate

609 Main St B Lodi, WI 53555-1232

1.16 ac lot
Entity Owned 19-yr Hold Absentee Owner Free & Clear
Property ID
US92-0028517
Property summary
AI-generated overview

This exceptional 6,000 square foot commercial property, situated on a 1.16-acre lot at 609 N Main Street in Lodi, Wisconsin, presents a compelling investment or owner-occupant opportunity. Currently housing two tenants, the property boasts high visibility on a major thoroughfare just north of the city's center, surrounded by other retail businesses. The primary tenant, Advance Auto Parts, occupies 5,000 square feet and will vacate on May 29, 2025, due to corporate restructuring. This presents a significant opportunity for a new anchor tenant or for the owner to occupy a substantial portion of the space. A secondary tenant, a hair salon, occupies the remaining 1,000 square feet and is currently on a month-to-month lease, expressing a strong desire to remain. The property's large lot size and prime location offer considerable potential for future development or expansion. The asking price for this well-positioned commercial property is $568,500. This is a rare chance to acquire a substantial commercial property in a thriving Wisconsin community with immediate income potential and long-term growth prospects. The property's strategic location and existing tenant base make it an attractive investment for both seasoned investors and first-time buyers.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 1.16 ac (50,530 SF)
APN 11246-194
UPID US92-0028517
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
  • UPS Access Point location Courier Service Postal Service
  • Advance Auto Parts Auto Parts Store
  • CARQUEST AUTO PARTS #3794 Auto Parts Store
  • Hair X-pressions Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Rsb Properties LLC · 19 yrs held
Rsb Properties LLC
since 2007
1 recorded transaction
2007
$500,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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