6631-6633 Donges Bay Rd, Mequon, WI 53092
- Commercial real estate
- 1.42 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 6631-6633 Donges Bay Rd
- Lot size
- 1.42 lot acres
- Property type
- Commercial real estate
- APN
- 14-034-02-013.00
- APU
- 140340201300
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Dec 18, 2024 | $715,000 | Sks Storage LLC | Vak Storage Systems LLC | Warranty Deed | $536k · Horicon State Bank |
| Oct 21, 2019 | $550,000 | Vak Storage Systems LLC | Grube Partnership LLC | Warranty Deed | $175k · Sunset Bank & Savings |
| Jun 19, 2018 | — | Tim Grube | Grube Kids Holdings LLC | Quit Claim Deed · related | — |
| Sep 22, 2014 | $505,000 | Grube Kids Holdings LLC | Richard C Schaeffer | Warranty Deed | — |
Description
This exceptional investment opportunity presents a multi-building property in Mequon, Wisconsin, encompassing 10,058 square feet on a 1.42-acre lot (APN: 14-034-02-013.00). The property, zoned B-5 Light Industrial, includes a warehouse (approx. 3,024 SF), cold storage (approx. 2,688 SF), self-storage (approx. 2,000 SF), and a duplex (approx. 2,336 SF), offering diverse income streams. Built in phases between 1900 and 2005, the property boasts seven dock-high doors and ceiling heights ranging from 10 to 15 feet 8 inches. Recent upgrades include a new roof and two new furnaces. The property enjoys a prime location, less than a mile from Highways 57 and 181, providing high visibility with approximately 6,200 vehicles passing daily, according to the Wisconsin Department of Transportation. The property features single-phase power and individual storage units measuring 10' x 20'. This is a 7.85% cap rate investment property with ten units, presenting a strong return on investment. The property's diverse components and strategic location make it an attractive opportunity for savvy investors seeking a diversified portfolio.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $715,000
- ML approach
- $715,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Mequon
- County
- Ozaukee
- State
- Wisconsin
- Longitude
- -87.9924
- Latitude
- 43.2065
- CBSA code
- 33340
- CBSA name
- MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA