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    2253 Air Park Rd Rhinelander, WI 54501

    For Sale
    $6,750,000

    Large Warehouse, Rail & Air Access

    Property size:
    189,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional commercial property, located at 2253 Air Park Road in Rhinelander, Wisconsin, presents a significant investment opportunity. The expansive 189,000 square foot industrial warehouse sits on a substantial 24.29-acre lot within the Rhinelander Industrial Park, offering unparalleled access to both air and rail transportation. The main building boasts impressive 17- to 32-foot high ceilings, providing ample vertical space for various industrial uses. Safety and security are ensured with a comprehensive sprinkler system and a state-of-the-art security system. Loading and unloading are streamlined with 24 dock doors. The warehouse is climate-controlled with forced air heating and air conditioning, and is fully insulated for optimal energy efficiency. A significant advantage is the inclusion of a Hytrol 3-level package distribution system, enhancing operational capabilities. The property also includes approximately 20,000 square feet of adaptable retail/office space and 9,000 square feet of cold storage, providing versatility for diverse business needs. City sewer and water services are readily available, along with high-speed internet access, ensuring seamless connectivity. This property is ideally suited for a wide range of industrial and logistical operations, offering a unique combination of size, location, and advanced features.

    Property Features for 2253 Air Park Rd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    189,000 SF
    Lot Size
    1,058,072 SF

    Building Details

    Year Built
    1991
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Gym & Fitness Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rhinelander
    County
    ONEIDA
    State
    Wisconsin
    Longitude
    -89.44447
    Latitude
    45.62724

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    FAQs

    What type of property is this?
    Commercial real estate - Large Warehouse, Rail & Air Access
    Where is this commercial real estate located?
    The property is located at 2253 Air Park Rd Rhinelander, WI.
    What is the asking price?
    The asking price for this property is $6,750,000.
    (715) 369-1223
    Request Owner's contact information
    2253 Air Park Rd Rhinelander, WI 54501
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    Rhinelander, WI 54501
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    Realmo Value Estimation

    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.

    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.

    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
    2253 Air Park Rd Rhinelander, WI 54501
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