213 Air Park RdMarshfield, WI 54449

Property Details for 213 Air Park Rd

Lot size

1.66 AC

Property type

Commercial real estate

APN

3306382

APU

3306382

Description

This exceptional 6,000-square-foot commercial building is ideally situated in Marshfield's thriving industrial air park. The property boasts a versatile layout, featuring 1,880 square feet of well-appointed office space and 4,120 square feet of service/warehouse area. The office space includes four private offices, perfect for individual work or team collaboration, and a conveniently located kitchen area. Heating is efficiently managed by five zoned furnaces. The warehouse area offers excellent functionality with one overhead door, facilitating easy loading and unloading of goods. The property also benefits from a robust three-phase electrical system and high-grade airline system (compressor not included). Adding to its appeal is the expansive 1.65-acre lot, providing ample space for future expansion or outdoor storage. This property presents a unique opportunity for businesses seeking a well-maintained, versatile space in a prime industrial location. The combination of office and warehouse space, coupled with the generous land area, makes this an attractive investment for a variety of commercial uses. Its location within the air park offers easy access to transportation and other essential business amenities. This is a rare opportunity to acquire a substantial and well-equipped commercial property in a desirable location. Don't miss out on this chance to secure your business's future in this thriving area.

• CAP approach

  CAP return

  Valuation

  6%

  $15,067,200

  6.5%

  $13,908,200

  7%

  $12,914,700

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,690,700

  Geo Method

  $3,690,700

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $27,465,300

  Retail / Commercial

  $14,067,800

  Mixed-Use / Specialty

  $14,004,700

  Hospitality / Lodging

  $10,258,100

  Office

  $13,908,200

  Institutional / Educational

  $14,554,700

  Residential Income

  $17,029,000

  Multifamily

  $20,494,900

  Automotive / Energy

  $12,475,500

  Parking / Income-Based Land

  $4,317,820

  Restaurant / Food Service

  $7,256,550

  Healthcare / Senior Housing

  $14,374,800

Location Insight

City

Marshfield

County

Wood

State

Wisconsin

Latitude

44.6336

Longitude

-90.1831

CBSA code

49220

CBSA name

WISCONSIN RAPIDS-MARSHFIELD, WI MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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