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Property profile & analytics
OFF-MARKET Estimated value $925,000
Commercial real estate

855 Hickory St Cleveland, WI 53015-1561

2.98 ac lot
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US92-0664266
Property summary
AI-generated overview

This 4,160-square-foot industrial warehouse, situated conveniently between Sheboygan and Manitowoc, offers a prime location for businesses seeking efficient operations. Built in 1975, this single-story Class C building boasts a 13'6" ceiling height, a concrete floor, and a steel structure, ensuring durability and functionality. Three drive-in doors (measuring 12x12, 12x16, and 8x8 feet) provide easy access for loading and unloading, complemented by a 200-amp electrical service panel. Internal features include a sink, hot water heater, central drain, and two gas-fired Reznor Modine heaters, along with four overhead ceiling fans for climate control. A noteworthy addition is an oil change pit (3' wide x 31' long x 6' deep) with built-in ventilation for welding and gas fumes. The property is zoned for industrial use and includes a telephone line. Landlord responsibilities encompass taxes, snow removal, and lawn care. The lease term is negotiable. The building's strategic location offers easy access to Highway 43, just a five-minute drive away, making it an ideal choice for businesses needing convenient transportation links. The property sits on a 4,160-square-foot lot in a safe area. This versatile space is perfect for various industrial or storage needs.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 2.98 ac (129,809 SF)
APN 31-028-014-018.04
UPID US92-0664266
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
$995k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$925k
Owner & transaction history
855 Hickory St LLC · 2 yrs held
855 Hickory St LLC
since 2023
Last sale
$920,000
7 recorded transactions
2023
$920,000
2020
$900,000
2018
$900,000
2012
Price N/A
2012
$1.0M
2011
Price N/A
2008
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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