Wisconsin Rapids Commercial
9631 State Highway 13 South Wisconsin Rapids, WI 54494
For Sale
$389,778
High-visibility commercial property with heated shop and office/retail space.
Property Size5,738 SF
Lot Size1.01 Acres
Price / SF$67.93
Days on Market949
Property Features for 9631 State Highway 13 South
General Information
Standard status
Active
Size
5,738 SF
Lot size
1.01 Acres
Property subtype
Commercial/Industrial
Building Details
Year Built
1961
Listing Agency:
TERRY WOLFE REALTY
(715) 459-6734
Listed By:
TERRY WOLFE I I · License #39198-90
(715) 459-6734
Source:
Exitrealty
Added: Dec 21, 2023
Changed: Jul 6
Last Checked: Jul 27 at 4:34AM
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 TERRY WOLFE REALTY
Investment Insights
Based on property information with market context.
This commercial property is located south of Wisconsin Rapids, in the Town of Saratoga, at the corner of State Highways 13 and 73, benefiting from high traffic and visibility. The property includes a 48x80 heated space divided into 3 separate areas, plus 1,898 square feet of office/retail space, all with private entrances. The total building space is 5,738 square feet. The shop area is heated and features six 10x10 overhead doors and one 12x12 overhead door. The office/retail space includes a display area, offices, bathrooms, a break area, and workspace, and is equipped with natural gas, forced air heat, and central air. The black-topped parking/display area can accommodate approximately 60 cars. The property is situated on a 1-acre corner lot. The property is currently used as a car dealership. A new roof was professionally installed on the 4,000 square foot east building in 2023.
Key Highlights
- High‑traffic, high‑visibility corner lot on State Highways 13 & 73.
- 5,738 sq. ft. total building space including heated shop and office/retail space.
- 48x80 heated shop with multiple overhead doors.
Financial Insights For Industrial
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 | $37.6k | $6.56 |
| − Vacancy | −$2.1k | −$0.37 |
| EGI | $35.5k | $6.19 |
| − OpEx | −$10.6k | −$1.86 |
| NOI | $24.8k | $4.33 |
5,738 SF · lease $6.56/SF/yr · vacancy 5.70% · expense 30.00%
Alternative Uses
Best Use
Specialty Retail
$1.11M
$974.0K – $1.30M
NOI $77,923 @ 7.0% cap · market cap 19.99%
Second Best
Self Storage
$791.8K
$692.9K – $923.8K
NOI $55,429 @ 7.0% cap · market cap 14.22%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Self storage facility - High-visibility commercial property with heated shop and office/retail space.
Where is this self storage facility located?
The property is located at 9631 State Highway 13 South Wisconsin Rapids, WI.
What is the asking price?
The asking price for this property is $389,778.
What are key features of this property?
This property features: High‑traffic, high‑visibility corner lot on State Highways 13 & 73.; 5,738 sq. ft. total building space including heated shop and office/retail space.; 48x80 heated shop with multiple overhead doors.
