Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    W6916 Ridge Rd Neillsville, WI 54456

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $849,900

    Large Commercial Building, 9,480 sq ft, 3.08 acres

    Property size:
    9,480 SF

    Property Features for W6916 Ridge Rd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    9,480 SF
    Lot Size
    134,165 SF

    We can help!

    Listing Contact
    Benjamin Zawislan

    Listing Agency: CENTURY 21 GOLD KEY Listing Agent: Benjamin Zawislan

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional commercial property, located at W6916 RIDGE ROAD in Neillsville, WI, offers 9,480 square feet of versatile space on a 3.08-acre lot. Currently operating as a body shop, towing, and manufacturing business, the building boasts a 3,000 sq ft retail area, expanded in 2001 to include 6,000 sq ft of office space, a lobby, reception area, and auto/truck repair bays. A 20x24 bay was added in 2020. The property includes painting bays and vehicle lifts. Two concrete slabs are in place for a planned warehouse and work area
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Auto Repair Shop Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Neillsville
    County
    CLARK
    State
    Wisconsin
    Longitude
    -90.65983
    Latitude
    44.56389

    Nearby Similar for Sale

    • New
      $99,500
      2,200 SF

      Historic Commercial Space For Sale

      Unique commercial property with historic charm and versatile space.
      132 E 4Th St, Neillsville, WI 54456
      View Details
    • $49,900
      1,064 SF

      Steel Building in Neillsville, WI

      Durable 1,064 sq ft steel building for versatile use.
      607 Clay St, Neillsville, WI 54456
      View Details
    • $149,900
      0.17 Acres

      Commercial Building with Shop, Office

      Versatile commercial building featuring shop, storage, and office space.
      608 West St, Neillsville, WI 54456
      View Details
    • $329,000
      1.19 Acres

      Waterfront Land with Lake Access

      Prime waterfront property with lake access and RV hookups.
      N899 Resewood Ave, Neillsville, WI 54456
      View Details
    • $74,900
      0.07 Acres

      Downtown Neillsville Commercial Space

      Multi-use commercial space in downtown Neillsville, Wisconsin.
      631 Hewett St, Neillsville, WI 54456
      View Details
    • $69,900
      2,184 SF

      Mixed-Use Property in Neillsville, WI

      Mixed-use property with commercial space and upstairs apartment in Neillsville.
      118 W 6Th St, Neillsville, WI 54456
      View Details
    • Contact for pricing
      Pending

      Class A Professional Building

      High-quality, versatile office building in Neillsville's business district.
      501 Hewett St, Neillsville, WI 54456
      View Details
    • $495,000
      4,985 SF

      Prime Neillsville Commercial Building

      Spacious office building, 1.15 acres, great location.
      700 Division St, Neillsville, WI 54456
      View Details
    • $249,500

      Highway 10 Office Building

      Office building on Highway 10 with ample parking.
      7 Tiff Ave, Neillsville, WI 54456
      View Details
    • $325,000
      2,450 SF

      Neillsville Commercial Building - Prime Location

      Versatile space, high traffic, ample parking.
      7 Tiff Ave, Neillsville, WI 54456
      View Details
    • $125,000
      4,160 SF

      Prime Neillsville Commercial Space

      Highway 10 frontage, versatile building, $125,000
      1025 Division St, Neillsville, WI 54456
      View Details
    • $349,900
      5,600 SF

      Neillsville 7-Plex Investment Opportunity

      Seven-unit commercial building on 4.99 acres. Fully occupied with strong rental income.
      W6346 State Hwy 95 Hwy, Neillsville, WI 54456
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Large Commercial Building, 9,480 sq ft, 3.08 acres
    Where is this commercial real estate located?
    The property is located at W6916 Ridge Rd Neillsville, WI.
    What is the asking price?
    The asking price for this property is $849,900.
    (715) 387-2121
    Request Owner's contact information
    W6916 Ridge Rd Neillsville, WI 54456
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    W6916 Ridge Rd
    Neillsville, WI 54456
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    W6916 Ridge Rd Neillsville, WI 54456
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Benjamin Zawislan
    (715) 387-2121
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!