825 E Business Highway 151 Platteville, WI 53818
- Industrial properties
- 6.00 lot acres
Current Use by Public Records
- Industrial properties
Property Details for 825 E Business Highway 151
- Lot size
- 6.00 lot acres
- Property type
- Industrial properties
- APN
- 271-00379-0000
- APU
- 271003790000
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $550,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $565,000
- 6.5%
- $565,000
- 7%
- $570,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $510,000
- Geo Method
- $540,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $455,000
- Retail
- $600,000
- Mixed-Use
- $575,000
- Hospitality
- $585,000
- Educational
- $480,000
- Residential Income
- $570,000
- Energy
- $565,000
- Income-Based Land
- $480,000
- Food Service
- $645,000
Location Insight
- Map
- Local Demand
- City
- Platteville
- County
- Grant
- State
- Wisconsin
- Longitude
- -90.4669
- Latitude
- 42.729
- CBSA code
- 38420
- CBSA name
- PLATTEVILLE, WI MICROPOLITAN STATISTICAL AREA