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Financial
Distress signals
Property profile

6848 S 1St Ave Lake Nebagamon, WI 54849

FOR SALE
Other commercial real estate
Property ID
US92-1429936
Last sale Jan 2017 · $307,700
Entity Owned Owner of record is a legal entity (LLC / corporation). 9-yr Hold Held for 9 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a quadplex constructed in 1974, containing four residential units arranged as two 2-bedroom apartments and two 1-bedroom apartments. The building includes a four-stall garage designated for tenant use and provides additional off-street parking. It is located at 6848 S 1st Ave in Lake Nebagamon, Wisconsin, and features a defined multifamily layout with a mix of unit bedroom sizes within the Village of Lake Nebagamon.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$3k
Tax billed · 2023
Assessed value$179k
Assessed land$12k
Assessed improvement$166k
Effective rate1.70%

Value estimate

· Oct 2026
$295k
$266k – $325k
NOI build-up
Gross scheduled income$47k
Vacancy & credit loss−$3k
Operating expenses−$13k
NOI · 7.46% cap applied$31k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
7.46%
$31k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionDOUGLAS

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop9.0
Electrical Service8.9
Plumbing Service8.7

Location

6848 S 1St Ave Lake Nebagamon, WI 54849
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
6896 Lk, Lake Nebagamon, WI 54849-9264 $200,000 Jun 2025 No data
6873 Lk, Lake Nebagamon, WI 54849-9107 $350,000 Sep 2023 No data
9132 County Rd B, Lake Nebagamon, WI 54849 $160,000 Jul 2022 No data
11607 Railroad, Lake Nebagamon, WI 54849 $60,000 Nov 2021 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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