Multi-Space Flex
1306 N Central Avenue #4 spaces, Marshfield, WI 54449
For Sale
New
Contact for pricing
Three separately described spaces offer varied loading, overhead door, and office or retail configurations.
Property Size40,000 SF
Days on Market4
Property Features for 1306 N Central Avenue #4 spaces
General Information
Standard status
Size
Property subtype
Zoning
Building Details
Building Size
Year Built
Listing Agency:
Nai Pfefferle
(715) 261-2922
Listed By:
Anthony Morice · License #8991794
(715) 218-2900
Source:
Coactionrealestate
Added: Nov 6
Changed: Nov 8
Last Checked: Nov 8 at 2:58PM
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 Nai Pfefferle
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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.
This 1990 flex property comprises three spaces with distinct configurations. Space 1 includes 13,493 SF on the lower level and a 12,151 SF upper mezzanine, along with two loading docks and one ground-level door. Its office or retail area can extend to 3,365 SF. Space 2 contains 11,704 SF, two ground-level overhead doors, and 18 ft. 6 in. of clearance to the bottom of the bar joist. Space 3 measures 5,417 SF. Commercial zoning applies, and the owner is open to build-out work for a suitable tenant.
The property is at 1306 N Central Avenue in Marshfield, on the west side of N Central Avenue beside Mattress Firm and Pizza Ranch.
The property is at 1306 N Central Avenue in Marshfield, on the west side of N Central Avenue beside Mattress Firm and Pizza Ranch.
Key Highlights
- Space 1 has 13,493 SF lower level and a 12,151 SF upper mezzanine
- Space 1 includes two loading docks and one ground‑level door
- Space 1 office or retail area can reach 3,365 SF
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$173,210
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,464,200
$3.5M
Cap Rate 7%
$2,474,429
$2.5M
Cap Rate 9%
$1,924,556
$1.9M
Market Conditions
NOI Build-Up for 40,000 SF
Gross rent
$262.4K $6.56/SF
− Vacancy
−$15.0K −$0.37/SF
EGI
$247.4K $6.19/SF
− OpEx
−$74.2K −$1.86/SF
NOI
$173.2K $4.33/SF
Area
Wood County, WI
Vacancy
5.70%
Lease Rate
$6.56 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,464,200
Cap Rate 7%
$2,474,429
Cap Rate 9%
$1,924,556
Alternative Uses
Best Use
Flex RnD
$4.87M
$4.26M – $5.68M
NOI $340,582 @ 7.0% cap · market cap 8,514,550.00%
Second Best
Warehouse
$3.00M
$2.63M – $3.51M
NOI $210,327 @ 7.0% cap · market cap 5,258,175.00%
Theoretical Best
Specialty Retail
$7.76M
$6.79M – $9.05M
NOI $543,204 @ 7.0% cap · market cap 13,580,100.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
23
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 54449, WI
26,417
Population
12,455
Households
2.1
Avg Household Size
43
Median Age
27%
College-Educated
94%
High-School Grad
172.4 sq mi
ZIP Area
153
Density / Sq Mi
$66,611
Median Household Income
$43,612
Median Earnings
$812
Median Rent
$194,400
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Flex space - Three separately described spaces offer varied loading, overhead door, and office or retail configurations.
Where is this flex space located?
The property is located at 1306 N Central Avenue #4 spaces Marshfield, WI.
What are key features of this property?
This property features: Space 1 has 13,493 SF lower level and a 12,151 SF upper mezzanine; Space 1 includes two loading docks and one ground‑level door; Space 1 office or retail area can reach 3,365 SF
