Property summary
This exceptional 58,760 square foot commercial property, built in 2005, is situated on an 8.13-acre lot in Summit, Wisconsin, at 995 S. Sawyer Rd, 53066. Currently zoned Institutional, it offers significant multi-tenant flexibility, ideal for a church and school, or similar uses. The property boasts 215 parking spaces and is exceptionally well-maintained. Its prime location on busy Highway 18 (east of Highway 67), with easy access to Highway 94, ensures high visibility and accessibility. The surrounding area offers a substantial population base, including Oconomowoc (18,505), the Town of Oconomowoc (8,871), Summit (5,148), Delafield (7,177), and the Town of Delafield (8,197). High traffic counts are a key advantage, with Highway 67 seeing 10,300 cars per day, Highway 18 at 8,100, and I-94 (at Highway 67) boasting 54,900. The asking price is $5,350,000, translating to $91.05 per square foot. A leaseback opportunity is available, and there's considerable potential for expansion. This presents a unique investment opportunity for owner-users seeking a high-profile location with substantial growth potential.
Property profile
VerifiedCap rate & NOI
Current use
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Church
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High School
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High School Daycare Center
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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