713 Horicon StHoricon, WI 53032
- Other commercial real estate
- 2.07 AC
Property Details for 713 Horicon St
- Lot size
- 2.07 AC
- Property type
- Other commercial real estate
- APN
- 236-1115-0143-073
- APU
- 23611150143073
Description
This exceptional 30-unit assisted living facility, located at 713 Horicon St, Horicon, WI 53032, presents a unique investment opportunity. Built in 2002, this two-story, 33,344 square foot building sits on a 2.09-acre lot in Dodge County, Wisconsin. Currently vacant, the property offers significant potential for repurposing to serve various client groups. The building is a Class B property and features a fully sprinklered system. With 30 units, the asking price is $1,800,000, translating to $53.98 per square foot. This represents a price significantly below replacement cost, making it an attractive proposition for investors seeking a strong return. The property's location in Horicon, northwest of Milwaukee, offers convenient access to major transportation routes and amenities. The building's existing infrastructure provides a solid foundation for a variety of future uses, making it an ideal opportunity for adaptive reuse and redevelopment. This is a rare chance to acquire a substantial property with considerable upside potential in a desirable Wisconsin location. The property's size and layout offer flexibility for various uses, making it a versatile investment. The existing structure is well-maintained and ready for its next chapter.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $18,608,710
- Hospitality
- $17,045,480
- Educational
- $14,181,638
- Medical
- $14,669,367
- Retail
- $22,060,326
Location Insight
- City
- Horicon
- County
- Dodge
- State
- Wisconsin
- Latitude
- 43.446
- Longitude
- -88.651
- CBSA code
- 13180
- CBSA name
- BEAVER DAM, WI MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
FAQs
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