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Property profile & analytics
OFF-MARKET Estimated value $550,000
Industrial properties

825 Business Hwy 151 Platteville, WI 53818-3763

6 ac lot
Entity Owned 2-yr Hold Free & Clear
Property ID
US92-3020990
Property summary
AI-generated overview

This exceptional 43,000-square-foot manufacturing and warehouse facility is situated on a sizable 6-acre lot at 825 E Business Highway 151 in Platteville, Wisconsin. The property is available for lease, offering flexible options for tenants seeking all or part of the space. Currently configured with two loading docks, the building's design allows for potential expansion of loading capabilities to accommodate increased operational needs. The interior layout encompasses a well-balanced blend of workspace, office space, and extensive warehouse space, ensuring adaptability for diverse business requirements. The property boasts multiple three-phase electrical panels, providing ample power for heavy machinery and equipment. For businesses seeking a smaller footprint, the owner is open to dividing the space, with a minimum leaseable area of 5,000 square feet. A standard three-year lease agreement is offered, with a renewal option providing long-term stability. Lease rates are competitive, ranging from $4.95 to $7.50 per square foot, NNN, with tenants responsible for utilities. This move-in ready facility presents a compelling opportunity for businesses looking to expand their operations or establish a new presence in a strategic location. Its convenient highway access and ample space make it an attractive option for a variety of commercial uses.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Lot 6 ac (261,360 SF)
APN 271-00379-0000
UPID US92-3020990
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
AI Approach AI
$550k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$550k
Owner & transaction history
Platteville Industrial LLC · 2 yrs held
Platteville Industrial LLC
since 2024
Last sale
$550,000
1 recorded transaction
2024
$550,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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