Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    4008-4012 Terminal Dr Mc Farland, WI 53558

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

    Proposed mixed-use development site for lease in McFarland, WI.

    Lot size:
    1.18 Acres

    Property Features for 4008-4012 Terminal Dr

    General Information

    Lot size
    1.18 Acres

    We can help!

    Listing Contact
    Thomas Sanford
    Thomas Sanford
    Source: Moodyscre

    Listing Agent: Thomas Sanford

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

    Learn more

    Overview

    High Traffic Pad Site Opportunity

    This proposed mixed-commercial development is seeking a Quick Service Restaurant (QSR) for a high-traffic, high-visibility pad site. The landlord will cover all construction costs for an approved tenant plan. The property is an infill redevelopment located at the signalized intersection of Highway 51, with an Average Annual Daily Traffic (AADT) count of 32,900, and Terminal Drive, just south of Highway 18, which has an AADT of 86,000. A Kwik Trip convenience store is redeveloping across Terminal Drive, with construction scheduled to begin in June 2025. A site plan has been developed for the 4.8 wooded acres behind the QSR site, with potential for recreation, office, brew pub, and other commercial uses to enhance the destination.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Hair Salon Building Supply Auto Repair Shop Clothing Store Wholesale Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Mc Farland
    County
    Dane
    State
    Wisconsin
    Longitude
    -89.3032313
    Latitude
    43.0400679

    Nearby Similar for Lease

    • $8 SF/Yr
      2,000 SF

      Warehouse Pallet Storage Space Available

      Temporary pallet storage and open floor space available for lease.
      5315 Paulson Rd, Mc Farland, WI 53558
      View Details
    • $12 SF/Yr
      1,575 SF

      Retail Space in McFarland, WI

      Retail space available with private offices and restrooms.
      Mc Farland, WI 53558
      View Details
    • $12 SF/Yr
      1,360 SF

      Retail Space with Outdoor Patio

      Retail space featuring building signage, patio, and ample parking.
      4810-4880 Larson Beach Rd, Mc Farland, WI 53558
      View Details
    • $12 SF/Yr
      1,575 SF

      McFarland Office Space Available

      1,575 sq ft office space with ample amenities.
      4869-4893 Larson Beach Rd, Mc Farland, WI 53558
      View Details

    FAQs

    What type of property is this?
    Commercial land - Proposed mixed-use development site for lease in McFarland, WI.
    Where is this commercial land located?
    The property is located at 4008-4012 Terminal Dr Mc Farland, WI.
    What are key features of this property?
    This property features: - High traffic location at a signalized intersection of Hwy 51 (AADT 32,900) and Terminal Drive, near Hwy 18 (AADT 86,000).; - Landlord covers all construction costs for the QSR pad site.; - Infill redevelopment opportunity.
    (608) 347-8299
    Request Owner's contact information
    4008-4012 Terminal Dr Mc Farland, WI 53558
    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.
    4008-4012 Terminal Dr
    Mc Farland, WI 53558
    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
    4008-4012 Terminal Dr Mc Farland, WI 53558
    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
    Thomas Sanford
    Thomas Sanford
    (608) 347-8299
    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.