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    For Sale (52)

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    Schofield Commercial Property For Sale
    $94,900
    1,560 SF

    Schofield Commercial Property For Sale

    1560 Sq Ft commercial building with potential.

    320 Ross Ave, Schofield, WI 54476
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    Waterfront Commercial Property in Merrill
    $181,500
    9 SF

    Waterfront Commercial Property in Merrill

    Commercial property with river frontage, adaptable buildings, and expansion potential.

    121 N Valley St, Merrill, WI 54452
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    Wausau Commercial Property For Sale
    $299,000
    4,433 SF

    Wausau Commercial Property For Sale

    Former supper club ready for renovation in Wausau, Wisconsin.

    3901 N 6Th St, Wausau, WI 54403
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    Rib Mountain Building Site
    $549,900
    17.19 Acres

    Rib Mountain Building Site

    17-acre Rib Mountain parcel near Rib Mountain State Park.

    17 Acres Snowflake Ln, Wausau, WI 54401
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    Residential Lot Near Golf Course
    $59,900
    0.69 Acres

    Residential Lot Near Golf Course

    0.69 acre residential lot near Merrill Golf Course.

    7 Greek St, Merrill, WI 54452
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    Residential Lot in Kronenwetter, WI
    $44,900
    0.95 Acres

    Residential Lot in Kronenwetter, WI

    Almost one acre wooded residential lot in Kronenwetter, Wisconsin.

    X 1.03 Acres County Rd, Kronenwetter, WI 54455
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    Updated Fourplex in Merrill, WI
    $329,900

    Updated Fourplex in Merrill, WI

    Updated four-unit multi-family property with separate utilities in Merrill.

    1322 W Main St, Merrill, WI 54452
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    Eland Agricultural Land with Barn
    $460,000
    28.06 Acres

    Eland Agricultural Land with Barn

    28.06 acres of prime agricultural land with modern barn.

    179432 County Road Ii, Eland, WI 54427
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    Prime Commercial Land Opportunity
    $315,000
    2.85 Acres

    Prime Commercial Land Opportunity

    2.85 acre lot with high visibility and commercial potential.

    N1683 County Rd W, Merrill, WI 54452
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    Weston, WI Building Lot
    $74,900
    2.86 Acres

    Weston, WI Building Lot

    Wooded lot in Weston, WI, ready for new home.

    1 2.86 Acre Clearview Dr, Weston, WI 54476
    View details
    Wausau Bar and Restaurant Opportunity
    $267,000
    3,608 SF

    Wausau Bar and Restaurant Opportunity

    Established bar and restaurant with real estate in Wausau, Wisconsin.

    5512 Stewart Ave, Wausau, WI 54401
    View details
    New Duplex Under Construction
    $314,900
    976 SF

    New Duplex Under Construction

    New two-bedroom duplex with modern amenities, completion expected May 2026.

    305 S Kyes St, Merrill, WI 54452
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    Storage Facility Business Opportunity
    $3,450,000
    75,975 SF

    Storage Facility Business Opportunity

    Storage unit facility on 9.126 acres near I-39.

    2677 Decator Dr, Wausau, WI 54401
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    Antigo Duplex: Investor Opportunity
    $145,000

    Antigo Duplex: Investor Opportunity

    Fully occupied Antigo duplex with potential for increased rental income.

    618 Deleglise St, Antigo, WI 54409
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    Remodeled Duplex in Antigo, WI
    $160,000

    Remodeled Duplex in Antigo, WI

    Recently remodeled duplex with tenants in place, generating monthly income.

    1016 4Th Ave, Antigo, WI 54409
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    Historic Wausau Landmark For Sale
    $749,900
    4,860 SF

    Historic Wausau Landmark For Sale

    Established in 1880, renovated commercial property near riverfront redevelopment.

    1203 3Rd St, Wausau, WI 54403
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    New Duplex Under Construction
    $314,900
    976 SF

    New Duplex Under Construction

    New construction duplex with modern amenities, completion expected May 2026.

    309 S Kyes St, Merrill, WI 54452
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    Multi-Business Opportunity in Eland, WI
    $279,900
    7,920 SF

    Multi-Business Opportunity in Eland, WI

    Gas station, convenience store, storage units, and more on 1.58 acres.

    211212 State Highway 49, Eland, WI 54499
    View details
    Residential Lot Near Golf Course
    $57,900
    0.69 Acres

    Residential Lot Near Golf Course

    0.69 acre residential lot near Merrill Golf Course.

    2 Greek St, Merrill, WI 54452
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    Residential Lots Near Greenwood Hills
    $43,900
    0.74 Acres

    Residential Lots Near Greenwood Hills

    Residential lots near Downtown Wausau and Greenwood Hills Country Club.

    1301 Bent Stick Dr, Wausau, WI 54403
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    Residential Lots Near Downtown Wausau
    $69,900
    0.32 Acres

    Residential Lots Near Downtown Wausau

    Residential lots in premier community near downtown Wausau, Wisconsin.

    1505-07 Green Vistas Dr, Wausau, WI 54403
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    Residential Lot in Private Setting
    $69,900
    0.80 Acres

    Residential Lot in Private Setting

    Cleared residential lot ready for building in Wausau, Wisconsin.

    80 Acres County Rd, Wausau, WI 54401
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    Residential Lot in Scenic Setting
    $61,900
    0.50 Acres

    Residential Lot in Scenic Setting

    0.5-acre corner lot in Wausau West School District.

    210 Bluestone Dr, Wausau, WI 54401
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    Residential Lots in Wausau, WI
    $39,900
    0.24 Acres

    Residential Lots in Wausau, WI

    Corner city lots suitable for duplex or single-family home.

    1917 Milwaukee Ave, Wausau, WI 54403
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    Turn-Key Commercial/Industrial Building For Sale
    $479,900
    6,080 SF

    Turn-Key Commercial/Industrial Building For Sale

    6,080 sq ft commercial/industrial building in Marathon, WI for sale.

    711 3Rd St, Marathon, WI 54448
    View details
    Residential Lots Near Greenwood Hills
    $69,900
    0.32 Acres

    Residential Lots Near Greenwood Hills

    Residential lots near Downtown Wausau and Greenwood Hills Country Club.

    1509 Green Vistas Dr, Wausau, WI 54403
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    Residential Lots in Greenwood Hills
    $115,900
    0.60 Acres

    Residential Lots in Greenwood Hills

    Residential lots near downtown Wausau with conservancy access.

    2604 Reserve Dr, Wausau, WI 54403
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    Residential Lots in Greenwood Hills
    $115,900
    0.41 Acres

    Residential Lots in Greenwood Hills

    Residential lots near downtown Wausau with conservancy and golf course.

    2718 Reserve Dr, Wausau, WI 54403
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    Residential Lots Near Greenwood Hills
    $115,900
    0.44 Acres

    Residential Lots Near Greenwood Hills

    Residential lots near downtown Wausau and Greenwood Hills Country Club.

    2724 Reserve Dr, Wausau, WI 54403
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    Residential Lots Near Downtown Wausau
    $43,900
    0.35 Acres

    Residential Lots Near Downtown Wausau

    Residential lots in premier community near Greenwood Hills Country Club.

    1305 Bent Stick Dr, Wausau, WI 54403
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    Commercial Land in Greenwood Hills
    $205,900
    1.00 Acre

    Commercial Land in Greenwood Hills

    Commercial land suitable for creative business in Wausau, Wisconsin.

    40 Reserve Dr, Wausau, WI 54403
    View details
    Residential Lots Near Greenwood Hills
    $43,900
    0.32 Acres

    Residential Lots Near Greenwood Hills

    Residential lots near downtown Wausau and Greenwood Hills Country Club.

    1401 Green Vistas Dr, Wausau, WI 54403
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    Residential Lots Near Downtown Wausau
    $99,500
    0.46 Acres

    Residential Lots Near Downtown Wausau

    Residential lots offer luxurious country living near downtown Wausau.

    1401 Bent Stick Dr, Wausau, WI 54403
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    Residential Lots in Greenwood Hills
    $115,900
    0.43 Acres

    Residential Lots in Greenwood Hills

    Residential lots near downtown Wausau with conservancy and golf course.

    2704 Reserve Dr, Wausau, WI 54403
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    Residential Lots in Greenwood Hills
    $115,900
    0.42 Acres

    Residential Lots in Greenwood Hills

    Residential lots near downtown Wausau with access to outdoor recreation.

    2712 Reserve Dr, Wausau, WI 54403
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    Residential Lots Near Greenwood Hills
    $115,900
    0.40 Acres

    Residential Lots Near Greenwood Hills

    Residential lots in a secluded community near downtown Wausau.

    2610 Reserve Dr, Wausau, WI 54403
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    Residential Lots Near Greenwood Hills
    $43,900
    0.32 Acres

    Residential Lots Near Greenwood Hills

    Residential lots near downtown Wausau and Greenwood Hills Country Club.

    1403 Green Vistas Dr, Wausau, WI 54403
    View details
    Residential Lots Near Greenwood Hills
    $49,900
    0.32 Acres

    Residential Lots Near Greenwood Hills

    Residential lots near downtown Wausau and Greenwood Hills Country Club.

    1508 Green Vistas Dr, Wausau, WI 54403
    View details
    Residential Lots in Greenwood Hills
    $115,900
    0.42 Acres

    Residential Lots in Greenwood Hills

    Residential lots near downtown Wausau with conservancy access.

    2614 Reserve Dr, Wausau, WI 54403
    View details
    Wausau Retail Building For Sale
    $649,900
    2,486 SF

    Wausau Retail Building For Sale

    Well-maintained retail building with I-39 frontage in Rib Mountain.

    226126 Hummingbird Rd, Wausau, WI 54401
    View details
    Merrill Retail Property For Sale
    $224,900
    18,168 SF

    Merrill Retail Property For Sale

    18,168 SF retail property with parking in Merrill, WI.

    920-924 E Main St, Merrill, WI 54452
    View details
    Antigo Commercial Building on Highway 45
    $205,900
    2,400 SF

    Antigo Commercial Building on Highway 45

    Commercial building with showroom and office space on 0.4 acres.

    2737 Us Highway 45, Antigo, WI 54409
    View details
    Tavern and Restaurant on 5+ Acres
    $240,000
    2,617 SF

    Tavern and Restaurant on 5+ Acres

    Turn-key tavern and restaurant with business opportunity on 5+ acres.

    N5640 State Highway 107, Irma, WI 54442
    View details
    Residential Lot Near Golf Course
    $89,900
    0.39 Acres

    Residential Lot Near Golf Course

    Residential lot near Greenwood Hills Golf Course, Wausau, Wisconsin.

    1509 Bent Stick Dr, Wausau, WI 54403
    View details
    Downtown Mosinee Office Building
    $129,900
    2,400 SF

    Downtown Mosinee Office Building

    Downtown Mosinee office building with multiple suites and parking.

    409 4Th St, Mosinee, WI 54455
    View details
    Residential Lot Near Golf Course
    $89,900
    0.37 Acres

    Residential Lot Near Golf Course

    Residential lot near Greenwood Hills Golf Course, Wausau, Wisconsin.

    1513 Bent Stick Dr, Wausau, WI 54403
    View details
    Weston Building Lot Opportunity
    $72,900
    2.88 Acres

    Weston Building Lot Opportunity

    Residential building lot available in Weston, close to schools.

    2 2.88 Acre Clearview Dr, Weston, WI 54476
    View details
    Residential Land in Weston, WI
    $74,900
    2.86 Acres

    Residential Land in Weston, WI

    2.86 acre wooded lot ready for your new home.

    4 2.86 Acre Clearview Dr, Weston, WI 54476
    View details
    Commercial Lot in Merrill, WI
    $39,900
    0.85 Acres

    Commercial Lot in Merrill, WI

    Commercial lot ready for development near downtown Merrill.

    W4998 Pinewood Ln, Merrill, WI 54452
    View details
    Multi-Business Opportunity on State Highway
    Contact for pricing
    7,920 SF

    Multi-Business Opportunity on State Highway

    Gas station, convenience store, storage units, and more for sale.

    211212 State Highway 49, Eland, WI 54499
    View details
    High-Traffic Commercial Land Merrill, WI
    $599,900
    2.85 Acres

    High-Traffic Commercial Land Merrill, WI

    Prime Corner Lot, High Visibility, 2.85 Acres

    N1683 County Rd, Merrill, WI 54452
    View details
    New Storage Facility on 9+ Acres
    $3,450,000
    75,975 SF

    New Storage Facility on 9+ Acres

    New storage facility on 9+ acres near I-39 exit.

    2677 Decator Dr, Wausau, WI 54401
    View details

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    Coldwell Banker Action Realty
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Coldwell Banker Action Realty
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