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    Commercial Buildings Near Sand Valley Title is generated by Realmo AI

    1144 County Road D, Nekoosa, WI 54457

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    For Sale
    $1,349,900

    Two commercial buildings totaling 11,000 sqft near Sand Valley Golf.

    Property size:
    11,000 SF
    Lot size:
    2.41 Acres
    Price / SF:
    $122/SF
    Added:
    Apr 10, 2025
    Days on Market:
    428
    Last Refresh:
    Apr 5 at 8:24 pm

    Property Features for 1144 County Road D

    General Information

    Standard status
    Active
    Size
    11,000 SF
    Lot size
    2.41 Acres

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    Listing Contact
    Matt Winzenried Real Estate Team

    Listing agent Matt Winzenried Real Estate Team

    Listing office Realty Executives Cooper Spransy

    Listing date Apr 10, 2025

    Source Exprealty

    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

    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.
    • Second building (Sands East) can be divided into four units with private baths, framing, and finishes included.
    • Infrastructure in place for a future 3rd building.
    • Modern design with large windows and flexible layouts.

    Overview

    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.

    Local 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 (±1% cap)
    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 (±1% cap)
    NOI $149,381 @ 7.0% cap · market cap 11.07%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Real Estate Agency Spa & Massage Center Big Box & Wholesale Store Hair Salon Nail Salon Hotel & Motel Food Market HVAC Service Bar & Pub Electrical Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Nekoosa
    County
    Wood
    State
    Wisconsin
    Longitude
    -89.8033
    Latitude
    44.2197

    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.
    More about this property
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