Modern Strip Mall Development
1144 County Road D, Nekoosa, WI 54457
Beauty/barber,Grocery,Office,Other,Recreation,Restaurant/Supper Club,Retail,Shopping center/StripMall,Tavern
Property size:
11,000 SFLot size:
2.41 AcresPrice / SF:
$122/SF- Added:
- Mar 23, 2026
- Days on Market:
- 73
- Last Refresh:
- Jun 3 at 8:06 am
Property Features for 1144 County Road D
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- B-1 Comm
- Parking
- 56
- Parking features
- Paved or Surfaced
- Interior features
- Overhead doors, Private Restrooms, 440+ volt, 3 phase electric, Display window
- Exterior features
- Alley, Signage available
- Standard status
- Active
- APN
- 030-00637-0020
- Lot size
- 2.41 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 872
Utilities
- Utilities
- Electricity Available
- Heating system
- Forced Air, Zoned (Heating)
- Cooling system
- Central Air
Building Details
- Year built
- 2025
- Floors in Building
- 1
- Number of units
- 2
- Building materials
- Frame, Glass
- Roof type
- Metal
- Architectural style
- Other
Listing agent Matt Winzenried Real Estate Team (608) 310-7346
Listing office Realty Executives Cooper Spransy 5940 Seminole Centre Ct Ste 310, Madison, WI (608) 661-7900
Listing date Mar 23, 2026
MLS# 1995986
Listing URL
Copyright © 2026 REALTORS® Association of South Central Wisconsin. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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.
- Sands West is fully leased for $72,000 annually.
- Sands East can be divided into four 1,100 sqft units, each with private baths, framing, and finishes included.
- Two new commercial buildings totaling 11,000 sqft on 2.41 acres.
- Infrastructure in place for a future 3rd building.
Overview
This offering features two new commercial buildings totaling 11,000 square feet on 2.41 acres, designed with a modern look that includes large windows and flexible interior layouts. The Sands West building is fully built out and currently leased to Golden Ferret Golf Sims. The Sands East building can be divided into four individual 1,100 square foot units, with private baths, framing, and finishes included in the purchase price, providing a turnkey option for a range of tenants. A large paved parking lot and shared outdoor space support day-to-day operations, and infrastructure is already in place for a potential future third building.
The property is positioned along a high-traffic state highway in the Nekoosa, WI area, near KwikTrip and close to local recreation and golf demand at Sand Valley Golf Resort and Lake Arrowhead Golf, as well as nearby lakes.
For investors, the leased Sands West building provides immediate occupancy, while the subdividable Sands East structure supports add-on leasing opportunities with multiple entry points for tenant selection. For operators and buyers seeking flexibility, the mix of private unit configurations and shared site amenities can accommodate retail, office, and recreation-related uses depending on their specific business needs.
The property is positioned along a high-traffic state highway in the Nekoosa, WI area, near KwikTrip and close to local recreation and golf demand at Sand Valley Golf Resort and Lake Arrowhead Golf, as well as nearby lakes.
For investors, the leased Sands West building provides immediate occupancy, while the subdividable Sands East structure supports add-on leasing opportunities with multiple entry points for tenant selection. For operators and buyers seeking flexibility, the mix of private unit configurations and shared site amenities can accommodate retail, office, and recreation-related uses depending on their specific business needs.
Local Financial Insights For Office B
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 | $165.0k | $15.00 |
| − Vacancy | −$34.7k | −$3.15 |
| EGI | $130.4k | $11.85 |
| − OpEx | −$32.6k | −$2.96 |
| NOI | $97.8k | $8.89 |
11,000 SF · lease $15.00/SF/yr · vacancy 21.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.40M
$1.22M – $1.63M
NOI $97,763 @ 7.0% cap · market cap 7.24%
Second Best
Retail
$1.12M
$982.0K – $1.31M
NOI $78,563 @ 7.0% cap · market cap 5.82%
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 Profile
Location Intelligence
Current Use by Public Records
Strip malls
Location Insight
- Map
- Local Demand
- City
- Nekoosa
- County
- Wood
- State
- Wisconsin
- Longitude
- -89.807522
- Latitude
- 44.221919
Nearby Similar for Sale
FAQs
What type of property is this?
Strip mall - Two new buildings offer leased income and flexible space for retail, office, or recreation users along a high-traffic highway.
Where is this strip mall 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.; Sands West is fully leased for $72,000 annually.
