Collision Repair Auto Shop
For Sale
$1,520,000
41 E Pearl, Rhinelander, WI 54501
Steel collision repair facility with five overhead doors, 3-phase power, and an office/client lobby at the building entrance.
Property Size7,964 SF
Price / SF$190.86
Days on Market623
Property Features for 41 E Pearl
General Information
Standard status
Active
Size
7,964 SF
Property subtype
Commercial
Warehouse & Industrial
Clear Height
15.7 ft
Heavy Power
Yes
Additional Details
Business Included
Yes
Fenced Yard
Yes
Amenities
security system
Building Details
Construction
steel
Listing Agency:
Shorewest, REALTORS
Listed By:
Deb Mann · License #7321694
(715) 499-4470
Source:
Madisonareahomesforsale
Added: Feb 14, 2025
Changed: Oct 25
Last Checked: Oct 28 at 8:41AM
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 Shorewest, REALTORS
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Rhinelander Collision Center is a family-owned automotive repair business operating from a steel building designed for collision work. The facility includes a dedicated office and client lobby off the main entrance, along with shop capacity supported by five overhead doors (approximately 10' high) and 3-phase power. Ceiling height is 15'8" at the peak. A new security system is in place, and there is a locked fenced area behind the building.
The property is positioned down from the “car-alley” area, with quick access to major automotive sales companies and close to downtown Rhinelander.
The sale includes documents listing equipment included with the transaction.
The property is positioned down from the “car-alley” area, with quick access to major automotive sales companies and close to downtown Rhinelander.
The sale includes documents listing equipment included with the transaction.
Key Highlights
- Steel collision repair facility with 5 overhead doors, each approximately 10' high
- 3‑phase power and ceiling height of 15'8" at peak
- New security system plus a locked, fenced area behind the building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$71,674
Cap Rate
4.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,433,480
$1.4M
Cap Rate 7%
$1,023,914
$1.0M
Cap Rate 9%
$796,378
$796.4K
Market Conditions
NOI Build-Up for 7,964 SF
Gross rent
$105.1K $13.20/SF
− Vacancy
−$2.7K −$0.34/SF
EGI
$102.4K $12.86/SF
− OpEx
−$30.7K −$3.86/SF
NOI
$71.7K $9.00/SF
Area
Oneida County, WI
Vacancy
2.60%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,433,480
Cap Rate 7%
$1,023,914
Cap Rate 9%
$796,378
Alternative Uses
Best Use
Industrial
$3.73M
$3.26M – $4.35M
NOI $260,927 @ 7.0% cap · market cap 17.17%
Second Best
Retail
$1.02M
$895.9K – $1.19M
NOI $71,674 @ 7.0% cap · market cap 4.72%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
15 ft
Clear height
Turnkey business
Opportunity
Yes
Heavy power
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
464
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 54501, WI
20,591
Population
12,754
Households
1.6
Avg Household Size
48
Median Age
26%
College-Educated
96%
High-School Grad
366.3 sq mi
ZIP Area
56
Density / Sq Mi
$68,602
Median Household Income
$37,578
Median Earnings
$831
Median Rent
$194,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Similar Off Market Nearby
- Pomp's Tire Service — 209 W Davenport St, Rhinelander, WI 54501
- Good Year — Rhinelander, WI 54501
- J & B Automotive Repair — 807 N Stevens St, Rhinelander, WI 54501
- T&M Repair — 845 n stevens st, rhinelander, wi 54501
- D&D Repair Services LLC — 1201 N Stevens St, Rhinelander, WI 54501
Frequently Asked Questions
What type of property is this?
Auto shop - Steel collision repair facility with five overhead doors, 3-phase power, and an office/client lobby at the building entrance.
Where is this auto shop located?
The property is located at 41 E Pearl Rhinelander, WI.
What is the asking price?
The asking price for this property is $1,520,000.
What are key features of this property?
This property features: Steel collision repair facility with 5 overhead doors, each approximately 10' high; 3‑phase power and ceiling height of 15'8" at peak; New security system plus a locked, fenced area behind the building
