Brand New Storage
10964 Wyandock Dr Minocqua, WI 54548
For Sale
$154,500
Pending
New storage building on a wooded lot with a concrete slab, floor drain, and insulated overhead door with electric opener.
Property Size1,440 SF
Lot Size0.39 Acres
Days on Market25
Property Features for 10964 Wyandock Dr
General Information
- Standard status
- Pending
- Size
- 1,440 SF
- Lot size
- 0.39 Acres
- Property subtype
- Land
Listing Agency:
M&M TEAM REAL ESTATE
(715) 892-3331
Listed By:
MARC MCCALLUM · License #58667 - 90
(715) 892-3331
Source:
Exprealty
Added: Jun 30
Changed: Jul 23
Last Checked: Jul 23 at 3:17AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of M&M TEAM REAL ESTATE
Investment Insights
Based on property information with market context.
Brand new metal storage building on a wooded 0.39-acre lot in the Town of Minocqua, currently under construction. The building measures 30’ x 48’ with a 14’ high ceiling and is built on a concrete slab with a floor drain. It includes a 16’ wide x 12’ high insulated overhead door with an electric opener, along with 200-amp electric service. The electric and garage door will be installed prior to closing.
The property offers easy access and is located about 5 minutes west of Minocqua near Black Bear Bar. It’s positioned for storage use related to outdoor recreation, with nearby access to snowmobile and UTV trails, Minocqua Winter Park, and boat landings for Squirrel Lake, Lake Shishebogama, and the Fence Lake Chain.
Ideal for buyers seeking a purpose-built storage facility with practical site improvements already included, including the concrete slab, floor drain, insulated overhead door, and available electric service.
The property offers easy access and is located about 5 minutes west of Minocqua near Black Bear Bar. It’s positioned for storage use related to outdoor recreation, with nearby access to snowmobile and UTV trails, Minocqua Winter Park, and boat landings for Squirrel Lake, Lake Shishebogama, and the Fence Lake Chain.
Ideal for buyers seeking a purpose-built storage facility with practical site improvements already included, including the concrete slab, floor drain, insulated overhead door, and available electric service.
Key Highlights
- Brand‑new 30' x 48' (1,440 SF) metal storage building on a wooded 0.39‑acre lot in the Town of Minocqua
- 14' high ceiling with a concrete slab and floor drain
- 16' wide x 12' high insulated overhead door with electric opener
Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $6.6k | $4.56 |
| − Vacancy | −$394 | −$0.27 |
| EGI | $6.2k | $4.29 |
| − OpEx | −$926 | −$0.64 |
| NOI | $5.2k | $3.64 |
1,440 SF · lease $4.56/SF/yr · vacancy 6.00% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$75.0K
$65.6K – $87.5K
NOI $5,247 @ 7.0% cap · market cap 3.40%
Second Best
—
—
no second resolved use
Theoretical Best
Industrial
$674.0K
$589.7K – $786.3K
NOI $47,179 @ 7.0% cap · market cap 30.54%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Warehouses
FAQs
What type of property is this?
Warehouse - New storage building on a wooded lot with a concrete slab, floor drain, and insulated overhead door with electric opener.
Where is this warehouse located?
The property is located at 10964 Wyandock Dr Minocqua, WI.
What is the asking price?
The asking price for this property is $154,500.
What are key features of this property?
This property features: Brand‑new 30' x 48' (1,440 SF) metal storage building on a wooded 0.39‑acre lot in the Town of Minocqua; 14' high ceiling with a concrete slab and floor drain; 16' wide x 12' high insulated overhead door with electric opener
