713 Horicon StHoricon, WI 53032

  • Other commercial real estate
  • 2.07 AC
For Sale
$1,800,000 View listing

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
713 Horicon St, Horicon, Wisconsin

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$66,992
$165,400
$2,335,400
$2,500,800
-
-
-
$3,686,300

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