SW Decator Dr - Parcel 2 9.2 Acres of Commercial Land Offered at $699,900 in Wausau, WI 54401

INVESTMENT HIGHLIGHTS

  • Future Mini Storage Facility
  • Commercial property with 9.2 Acres
  • High visibility, close Hwy 39

EXECUTIVE SUMMARY

Prime investment opportunity. Property has been rezoned commercial.

TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access

ANNUAL ANNUAL PER AC
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99

PROPERTY FACTS

Price $699,900
Sale Type Owner User
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
  • Self Storage
Total Lot Size 9.20 AC

1 LOT AVAILABLE

Lot

Price $699,900
Price Per AC $76,076.09
Lot Size 9.20 AC

Corner lot with partial steep slope and partial slight slope. Open areas for building. Access off public municipal road.

DESCRIPTION

Commercial property with 9.20 acres of land for sale with high visibility and close to I-39 exit. The plans for mini storage units are already in place. Seller has done all the work to have this commercial property set to build 11 amazing storage units including a 100x140 building future expansion/flex area. Wetland delineation has been completed, stormwater management report with DNR, concept plan map, engineering services and projected unit mix/pricing. These plans are proposed and permits with the Village have been approved with a couple minor contingencies. Buyers will have what they need to build these units themselves once this property has been purchased and closed. Plans are available to review in Associated Documents as well as concept map. The site will consist of just over 75,000 sq feet of mini storage. There are two billboard signs on the property under current lease that go with the property. Property sits on the corner of SW Decator Drive and Merrill Avenue just off HIGHWAY K. If buyers would like the seller to build the facility, the asking price is $3,499,999,00. See MLS #22401622. Seller will have a land survey completed at sellers expense for the proposed lot of 9.2 acres approximately. The Village of Maine will no longer allow any new facilities for min storage after this facility is built. As a bonus, This property will be the last per the Village of Maine Existing parcels may be able to add buildings but no new properties. Interested buyers please take note!

PROPERTY TAXES

ZONING

Zoning Code Commercial B2 (Property has been rezoned. Seller has already put in place permits and planning for mini storage units. See attached concept map.)
  • Listing ID: 31667001

  • Date on Market: 5/1/2024

  • Last Updated:

  • Address: SW Decator Dr, Wausau, WI 54401