815 Albert Dr, Manitowoc, WI 54220-1319
- Warehouses
- 50,133 SF
- 1.87 lot acres
Current Use by Public Records
- Great Lake Trucking Llc / Trucking Company
Property Details for 815 Albert Dr
- Year built
- 1973
- Lot size
- 1.87 lot acres
- Property type
- Warehouses
- APN
- 52-130-001-010.00
- APU
- 5213000101000
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Nov 27, 2024 | $2,116,000 | Whiskey Run LLC | 815 East Albert Drive LLC | Warranty Deed | $1.7M · Community First Cu Wisconsin |
| Oct 22, 2021 | $900,000 | Lsi Properties LLC | Zenith Properties LLC | Land Contract | $850k · Not Availble |
| Oct 22, 2021 | $2,182,000 | 815 East Albert Drive LLC | Lsi Properties LLC | Special Warranty Deed | $1.4M · Standard Insurance Co |
| Oct 22, 2021 | — | Standard Insurance Company | 815 East Albert Drive LLC | Assignment Of Lease (leasehold Sale) | — |
| Feb 21, 2019 | — | Zenith Properties LLC | Hamann,howard H | Quit Claim Deed · related | — |
| Dec 30, 2010 | — | Zenith Properties LLC | Hamann,howard H | Quit Claim Deed · related | — |
| Jul 13, 2007 | $2,700,000 | Zenith Properties LLC | Hamann,howard H & Anna E | Grant Deed · related | — |
Description
This exceptional commercial property, located at 815 E Albert Drive in Manitowoc, Wisconsin, offers a substantial 78,347 square feet of warehouse and manufacturing space available for lease. The property sits on a generous 4.73-acre lot and boasts a highly desirable location between Manitowoc and Two Rivers, providing convenient access to State Highway 310. The space is comprised of multiple buildings, each ranging from approximately 25,000 to 30,000 square feet, offering flexibility for various business needs. Each building features separately metered utilities for efficient cost management. The property includes a comprehensive fire suppression system with full sprinkler coverage throughout. Loading and unloading is facilitated by up to 12 loading docks and a single grade-level entrance. The warehouse features ceiling heights ranging from 18 to 22 feet, providing ample vertical space for storage and operations. The landlord is prepared to offer flexible lease terms and is open to negotiating the lease rate to accommodate potential tenants. This is a prime opportunity for businesses seeking a large, well-equipped warehouse in a strategic location.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,110,000
- ML approach
- $2,170,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,821,000
- AI Estimate
- $1,343,000
Market price range: $1.82M - $5.39MMarket price range: $1.34M - $3.81M -
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $3,370,000 Current use
- RETAIL STORES
- $3,435,000 Change: +2% Conversion: Moderate
- RESTAURANT
- $3,085,000 Change: -9% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Manitowoc
- County
- Manitowoc
- State
- Wisconsin
- Longitude
- -87.6373
- Latitude
- 44.1242
- CBSA code
- 31820
- CBSA name
- MANITOWOC, WI MICROPOLITAN STATISTICAL AREA
