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265 Remy Rd,  Belleville,  WI  53508 $645,000 Sold
265 Remy Rd,  Belleville,  WI  53508
$645,000
Sold
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 Property Type Business/Commercial
 Parcel # 0508-344-0043-1
 County Dane
 Sub Area D02
 Municipality Belleville
 MLS# 1795797
 Listing Date 02/25/2017
 Sold Price $557,800
 Close Date 11/28/2017 12:00 AM

MLS Public Remarks  Modern and efficient warehouse/workshop building. Existing building has 6 separate bays and is fully rented. Plans included for a 2nd building of up to 7,556 SF with a dock and overhead door. Existing building features amenities such as heated floors and bathrooms in some units. Loading dock in Unit A. Building is built to support clear-span capability. Fully leased with a 7.4 CAP rate based on 2016 numbers. Broker related to one of the owners...
LOCATION  
  • Location  Village
  • Other Marketing Area  
  • Mailing City  Belleville
  • C/T/V  Village
  • Unit #  
  • Directions  East On County D From Belleville. On Corner Of County D And Remy Rd.
    • BUILDING DESCRIPTION  
  • Real estate for sale  Yes
  • Business for sale  No
  • For lease only  No
  • Ann. Rent/SqFt  $0
  • Total Units/Bldg  6
  • Building Gross SqFt  8,080
  • Net Leasable SqFt  8,080
  • Year Built  2012
  • Source for Year Built  PubR
  • Approx Bldg Dimen  150x55
  • Street Frontage  205
  • Parking Fees/Mo.  $0
  • Onsite Parking  Yes
  • # of Stories  1
  • Ceiling Height Min  18
  • Ceiling Height Max  20
  • Number of Loading Docks  1
  • Zoning  I
  • Est. Total Acres  1.59
  • Source Of Est Acres  
  • Lot Dimensions  
  • Owner  
  • Tradename  
    • ASSESSMENT & TAXES  
  • Land Assessment  $48,400
  • Assessment Year  0
  • Net Taxes  $8,596
  • Tax Year  2016
  • Improvements  $341,900
  • Total Assessment  $0
    • ANNUAL INCOME/EXPENSES  
  • Income/Expenses Year  $2,016
  • Gross Operating Income  $62,976
  • Annual Operating Exp  $15,457
  • Net Operating Income  $47,519
    • UNIT INFORMATION  
    Unit Lease Type Lease Exp. Date Renewal Option Base Annual Rent Annual Rent/SqFt Other Fees/SqFt Gross SqFt
    1 Gross 0 0 $0 $0 $0 0
    2 - 0 0 $0 $0 $0 0
    3 - 0 0 $0 $0 $0 0
    Items Included 
    Items Excluded  Tenant personal property
    INTERIOR FEATURES  
  • Heating/Cooling  Radiant
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  
  • Fuel  Natural gas
  • Seating Capacity  
    • EXTERIOR FEATURES  
  • Type   Industrial, Manufacturing, Warehouse
  • Exterior Treatment  
  • Building Parking  11-20 spaces
  • Roofing  Metal
  • Terms/Option  
  • Miscellaneous  
    • OTHER FEATURES  
  • Documents on File  
  • Location  Industrial park
  • Tenant Pays  Electric, Heat
  • Present Use  Warehouse
  • Licenses  None
  • Lease Type  Gross
  • Occupied by  
  • Sale Includes  Assets Only
  • Features  Loading dock(s), Overhead doors



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Acres Realty