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Industrial Facility with Cold Storage
For Sale
$1,295,000

80 OLIVER STREET, Wisconsin Rapids, WI 54494

Industrial facility in Wisconsin Rapids with cold storage capabilities.

Property Size18,690 SF
Lot Size1.52 Acres
Price / SF$69.29
Days on Market194

Property Features for 80 OLIVER STREET

General Information

Standard status Active
Size 18,690 SF
Lot size 1.52 Acres
Property subtype Industrial
Zoning Commercial
Lease Type Gross

Building Details

Year Built 2005
Listed By: Stevens Point Realty Inc.
Source: Stevenspointre.idxbroker
Added: Mar 27 Changed: Sep 9 Last Checked: Oct 5 at 3:02PM

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 Stevens Point Realty Inc.

Investment Insights

Based on property information with market context.

This large industrial facility offers up to 18,690 square feet of leasable space on a 1.52-acre site. The property features clear heights ranging from 12 to 19 feet and includes two overhead doors for loading access. It is equipped with cold storage capabilities and provides a heated warehouse or shop space environment. Located in Wisconsin Rapids, the property benefits from its position within a strong Central Wisconsin industrial market, offering convenient access to regional transportation routes serving Stevens Point, Wausau, and the Fox Valley area. Wisconsin Rapids provides a business-friendly environment with a solid labor base and a history of manufacturing, warehousing, and distribution users. The site's location allows for efficient in-town access while also providing regional reach, making it suitable for companies seeking a Central Wisconsin presence with lower operating costs compared to larger metro markets. The property is well-suited for a variety of industrial, storage, or distribution uses.

Key Highlights

  • 8.19% Cap Rate
  • Up to 18,690 SF available for lease on a 1.52‑acre site
  • Convenient access to regional transportation routes serving Stevens Point, Wausau, and the Fox Valley area

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$98,275
Cap Rate
7.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,965,500 $2.0M
Cap Rate 7%
$1,403,929 $1.4M
Cap Rate 9%
$1,091,944 $1.1M
Market Conditions
NOI Build-Up for 18,690 SF
Gross rent
$122.6K $6.56/SF
− Vacancy
−$7.0K −$0.37/SF
EGI
$115.6K $6.19/SF
− OpEx
−$17.3K −$0.93/SF
NOI
$98.3K $5.26/SF
Area
Wood County, WI
Vacancy
5.70%
Lease Rate
$6.56 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,965,500
Cap Rate 7%
$1,403,929
Cap Rate 9%
$1,091,944

Alternative Uses

Best Use
Warehouse
$1.40M
$1.23M – $1.64M (±1% cap)
NOI $98,275 @ 7.0% cap · market cap 7.59%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$3.63M
$3.17M – $4.23M (±1% cap)
NOI $253,812 @ 7.0% cap · market cap 19.60%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Refrigerated & Cold Storage

Suggested Use

Top Pick Dental Office Auto Parts Store HVAC Service Auto Repair Shop Kitchen & Bath Showroom Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

255
Businesses Nearby
Under-served
Demand for This Use

Demographics for 54494, WI

27,420
Population
13,110
Households
2.1
Avg Household Size
47
Median Age
23%
College-Educated
95%
High-School Grad
125.3 sq mi
ZIP Area
219
Density / Sq Mi
$71,087
Median Household Income
$43,800
Median Earnings
$954
Median Rent
$170,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Warehouse - Industrial facility in Wisconsin Rapids with cold storage capabilities.
Where is this warehouse located?
The property is located at 80 OLIVER STREET Wisconsin Rapids, WI.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: 8.19% Cap Rate; Up to 18,690 SF available for lease on a 1.52‑acre site; Convenient access to regional transportation routes serving Stevens Point, Wausau, and the Fox Valley area
More about this property
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