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Property profile & analytics
OFF-MARKET
Commercial real estate

705 Lone Oak Ln Verona, WI 53593

2,348 SF 0.09 ac lot Built 2007
Property ID
US92-0339641
Property summary
AI-generated overview

This exceptional mixed-use property, located at 705 Lone Oak Ln, Verona, WI 53593, presents a compelling investment opportunity. The 2,348 square foot building, constructed in 2007 on a 0.09-acre lot, operates as a licensed four-bedroom Adult Family Home (AFH) in the desirable Dane County suburb of Verona. The property boasts excellent curb appeal, including a two-car garage, fenced yard, front porch, and back deck. The interior features four private bedrooms, with one including a private bathroom and another shared bathroom for residents. A finished basement offers additional space, potentially usable as an office or employee apartment, along with extra storage and a full bathroom. Currently operating at 75% occupancy, generating a Net Operating Income (NOI) of $156,471, this turnkey operation offers immediate revenue potential for a new owner. The property's strong performance and desirable location make it an attractive investment in the thriving Wisconsin market. The asking price is $850,000. This two-story building offers a unique blend of residential and commercial use, providing a solid foundation for continued success and growth. The property's strong financial performance and prime location make it an ideal investment for those seeking a stable and profitable venture in the adult living sector.

Property profile
Verified
Property type Commercial real estate
Year built 2007
Total area 2,348 SF
Lot 0.09 ac (3,920 SF)
UPID US92-0339641
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
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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