Property profile

721 Fremont St Kiel, WI 53042

FOR SALE
Commercial real estate
Property ID
US92-0410504
1.2 ac lot
Entity Owned 9-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional turnkey commercial property presents a lucrative investment opportunity in the thriving city of Kiel, Wisconsin. Located less than two miles from State Highway 67, ensuring high visibility and convenient access for customers, this well-established gas station and convenience store boasts a substantial 5,880 square feet of interior space. The property sits on a spacious 1.2-acre lot, featuring a large blacktop area and a sizable outbuilding perfect for additional storage or future expansion. The convenience store itself is fully equipped and ready for immediate operation, including hot food and pizza service areas, a coffee bar with a comfortable seating area, and public restrooms. Further enhancing its appeal are additional local services offered within the store. Fuel sales are facilitated by two double pumps dispensing regular, mid-grade, and premium gasoline. A significant upgrade was completed in 2023 with the addition of a new 34x45 foot gas canopy. The existing oil agreement is fully transferable to the new owner, ensuring a seamless transition and continued business operations. This property offers significant potential for both owner-operators seeking a profitable venture and investors looking to add a high-performing asset to their portfolio. The combination of prime location, extensive amenities, and recent improvements makes this a truly exceptional opportunity.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 1.2 ac (52,272 SF)
APN 51-690-014-001.00
UPID US92-0410504

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Gas Station
  • Restaurant
  • Gas Station
  • Gas Station
  • Atm

Location

721 Fremont St Kiel, WI 53042
Kiel metro Census 10700 MANITOWOC, WI MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$260k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$260k

Owner & transaction history

since 2016
5 recorded transactions
2024
Price N/A
2020
Price N/A
2016
Price N/A
2010
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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