Commercial Buildings Near Sand
1144 County Road D Nekoosa, WI 54457
For Sale
$1,349,900
Two commercial buildings totaling 11,000 sqft near Sand Valley Golf.
Property Size11,000 SF
Lot Size2.41 Acres
Price / SF$122.72
Days on Market474
Property Features for 1144 County Road D
General Information
- Standard status
- Active
- Size
- 11,000 SF
- Lot size
- 2.41 Acres
Listing Agency:
Realty Executives Cooper Spransy
(608) 661-7900
Listed By:
Matt Winzenried Real Estate Team
(608) 310-7346
Source:
Exprealty
Added: Apr 10, 2025
Changed: Jul 10
Last Checked: Jul 27 at 2:29AM
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 Realty Executives Cooper Spransy
Investment Insights
Based on property information with market context.
The property features two new commercial buildings totaling 11,000 sqft on 2.41 acres. The Sands West building, with 5,500 sqft, is fully built out and leased to Golden Ferret Golf Sims for $72,000 annually. The Sands East building, also 5,500 sqft, can be divided into four 1,100 sqft units, each with private baths, framing, and finishes included in the purchase price. Located along a high-traffic state highway near KwikTrip, Sand Valley Golf Resort, Lake Arrowhead Golf, and two lakes, the property includes a large paved parking lot and a shared outdoor space. Infrastructure is in place for a future 3rd building. The Sands West building has a pro forma NOI of $126,700 with a 9.39% cap rate based on $171,000 projected annual rent, 5% vacancy, and 22% operating expenses. The buildings feature a modern design with large windows and flexible layouts.
Key Highlights
- High‑traffic location near Sand Valley Golf Resort, Lake Arrowhead Golf, and two lakes.
- Pro Forma NOI of $126,700 with a 9.39% Cap Rate.
- One building (Sands West) is fully built out and leased for $72,000 annually.
Financial Insights For Retail
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 | $125.4k | $11.40 |
| − Vacancy | −$13.2k | −$1.20 |
| EGI | $112.2k | $10.20 |
| − OpEx | −$33.7k | −$3.06 |
| NOI | $78.6k | $7.14 |
11,000 SF · lease $11.40/SF/yr · vacancy 10.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.12M
$982.0K – $1.31M
NOI $78,563 @ 7.0% cap · market cap 5.82%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.13M
$1.87M – $2.49M
NOI $149,381 @ 7.0% cap · market cap 11.07%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
FAQs
What type of property is this?
Retail space - Two commercial buildings totaling 11,000 sqft near Sand Valley Golf.
Where is this retail space located?
The property is located at 1144 County Road D Nekoosa, WI.
What is the asking price?
The asking price for this property is $1,349,900.
What are key features of this property?
This property features: High‑traffic location near Sand Valley Golf Resort, Lake Arrowhead Golf, and two lakes.; Pro Forma NOI of $126,700 with a 9.39% Cap Rate.; One building (Sands West) is fully built out and leased for $72,000 annually.
