This exceptional commercial property, located at 3767 Scenic Rd in Slinger, Wisconsin, presents a unique investment opportunity. Boasting a substantial 55,000 square feet of space, this two-story building, constructed in 1992, sits on a 4.42-acre lot and offers versatile usage potential. Currently configured as a distribution center, the property features six overhead doors and three loading docks, catering to efficient logistics. The building's full concrete construction ensures durability and longevity. High ceilings, ranging from 16 to 20 feet, provide ample vertical space for various applications. The property is zoned for commercial use and includes 100 parking spaces, ensuring convenient access for employees and clients. Its prime location offers easy access to major transportation arteries, including Highway 60 and Highway 45, enhancing its strategic value. The property's adaptable design allows for a variety of uses, including its current configuration as a distribution center, or a potential conversion into a multi-tenant complex, such as a six-plex. The property's APN is T9058700H, and it is situated in Washington County, Wisconsin, with a zip code of 53086. The asking price for this exceptional property is $4,500,000. This presents a rare opportunity to acquire a substantial, well-located commercial property with significant upside potential.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$39,399,700
6.5%
$36,369,000
7%
$33,771,200
Comparable approach
Method
Valuation
Relative Method
$19,546,800
Geo Method
$25,077,700
Alternative Use
Use
Valuation
Industrial / Distribution
$73,889,300
Retail / Commercial
$37,442,300
Mixed-Use / Specialty
$36,956,000
Hospitality / Lodging
$26,654,100
Office
$36,369,000
Institutional / Educational
$38,293,300
Residential Income
$44,803,100
Multifamily
$55,690,400
Automotive / Energy
$32,822,800
Parking / Income-Based Land
$11,675,300
Restaurant / Food Service
$18,468,100
Healthcare / Senior Housing
$38,259,500
Location Insight
City
Slinger
County
Washington
State
Wisconsin
Latitude
43.3263
Longitude
-88.2223
CBSA code
33340
CBSA name
MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA
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Scenic Rd Slinger, WI 53086
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Scenic Rd Slinger, WI 53086
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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