Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    5590 Hwy 10 E Stevens Point, WI 54482

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail outlots with high visibility and traffic.

    Property size:
    2 SF
    Lot size:
    2 SF

    Property Features for 5590 Hwy 10 E

    General Information

    Size
    2 SF

    We can help!

    Listing Contact
    Andrew Stefanich
    Source: Cbre

    Listing Agent: Andrew Stefanich

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

    Learn more

    Overview

    Prime Retail Outlots For Lease

    These outlots present an opportunity for placement along a main arterial corridor. The location is adjacent to Fleet Farm and in close proximity to Target, Aldi, and Dunhams. The site benefits from high traffic, with over 26,000 vehicles passing by daily. The property has visibility from US Highway 10 and access from both Brilowski Drive and Wildwood Drive. The property is located on the east side of the retail trade area and has a size of 2 acres.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Stevens Point
    County
    Portage
    State
    Wisconsin
    Longitude
    -89.5186
    Latitude
    44.5531

    Nearby Similar for Lease

    • $2,000 /Mo

      Versatile Commercial Space For Lease

      Customizable commercial space in high-traffic area, ideal for various businesses.
      5720 Windy Dr, Stevens Point, WI 54482
      View Details
    • $16 SF/Yr
      12,048 SF

      Mixed-Use Building in Growing Area

      Retail and office suites in a rapidly growing downtown area.
      1060 Centerpoint Dr, Stevens Point, WI 54481
      View Details
    • $16 SF/Yr
      1,800 SF

      Mixed-Use Building in Growing Area

      Retail and office suites with high visibility and traffic.
      1020 Centerpoint Dr, Stevens Point, WI 54481
      View Details
    • $5 SF/Yr
      10,000 SF

      Stevens Point Industrial Space For Lease

      10,000 SF Flex Space, Highway Frontage
      5225 Heffron Ct, Stevens Point, WI 54481
      View Details
    • $10 SF/Yr
      11,643 SF

      Stevens Point Office Space for Lease

      Modern Office Suite, Prime Location
      5741 Windy Dr, Stevens Point, WI 54481
      View Details
    • $8 SF/Yr
      62,096 SF

      Stevens Point Commercial Space

      Prime Church St. Retail/Office
      3260 Church St, Stevens Point, WI 54481
      View Details
    • $12 SF/Yr
      11,555 SF

      Retail Space in East Town

      High-traffic retail space with signage opportunities in central Wisconsin.
      5474 Hwy 10 E, Stevens Point, WI
      View Details
    • $14 SF/Yr
      11,154 SF

      Stevens Point Office Space for Lease

      Prime Office Suites, High Visibility, WI
      5709 Windy Dr, Stevens Point, WI 54482
      View Details
    • $7 SF/Yr
      14,210 SF

      Highway 10 E Commercial Space

      Stevens Point, WI retail/office opportunity.
      5474 Us Highway 10, Stevens Point, WI 54482
      View Details
    • Contact for pricing
      5,995 SF

      Stevens Point Retail Space For Lease

      High-Visibility Retail Building, 57 Parking Spaces
      316 Division St, Stevens Point, WI 54481
      View Details

    FAQs

    What type of property is this?
    Shopping center - Retail outlots with high visibility and traffic.
    Where is this shopping center located?
    The property is located at 5590 Hwy 10 E Stevens Point, WI.
    What are key features of this property?
    This property features: - High traffic location with over 26,000 vehicles passing daily.; - Excellent visibility from US Highway 10.; - Located along the main arterial corridor in Stevens Point.
    (414) 273-0880
    Request Owner's contact information
    5590 Hwy 10 E Stevens Point, WI 54482
    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.
    5590 Hwy 10 E
    Stevens Point, WI 54482
    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
    5590 Hwy 10 E Stevens Point, WI 54482
    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
    Andrew Stefanich
    Real Estate License ID: WI 13842-91
    (414) 273-0880
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.