2300 Racine StMount Pleasant, WI 53403
- Industrial properties
- 0.78 AC
Property Details for 2300 Racine St
- Lot size
- 0.78 AC
- Property type
- Industrial properties
- Property subtype
- Other warehouses
- APN
- 151 032321005010
- APU
- 151032321005010
Description
This exceptional investment opportunity presents two warehouse buildings situated on a 0.78-acre lot at 2300 Racine Street in Mount Pleasant, Wisconsin. The property boasts a combined square footage ranging from 3,500 to 10,000 square feet, offering significant flexibility for various industrial uses. Currently, both buildings are operating under month-to-month leases, providing immediate income potential and future development options. The property is zoned M-2, allowing for a wide range of industrial activities. The strategic location on Racine Street (Highway 32) provides unparalleled access to high traffic volume, with an estimated 13,000 cars passing daily, ensuring excellent visibility and accessibility for tenants. Ample parking is available on-site, catering to both tenants and their clients. The property's APN is 151032321005010. This is a rare chance to acquire a well-located, income-producing industrial property in a thriving area of Racine County, Wisconsin, with a zip code of 53403. The asking price for this prime industrial real estate is $600,000. This presents a strong return on investment potential due to the high traffic count and existing lease agreements.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $7,022,159
- Hospitality
- $6,432,260
- Educational
- $5,351,564
- Medical
- $5,535,613
- Retail
- $8,324,656
Location Insight
- City
- Mt Pleasant
- County
- Racine
- State
- Wisconsin
- Latitude
- 42.701
- Longitude
- -87.7941
- CBSA code
- 39540
- CBSA name
- RACINE, WI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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