Renovated Office
1326 Schofield Avenue, Schofield, WI 54476
For Sale
New
Contact for pricing
A gross-lease office offering includes multiple suite sizes and on-site parking.
Property Size16,050 SF
Price / SF$0.00
Days on Market4
Property Features for 1326 Schofield Avenue
General Information
Standard status
Size
Property subtype
Zoning
Additional Details
Property Use
Building Details
Building Size
Year Built
Buildings
Tenancy
Listing Agency:
Nai Pfefferle
(715) 261-2922
Listed By:
Ark Rhowmine · License WI #549890
(715) 297-1953
Source:
Coactionrealestate
Added: Nov 6
Changed: Nov 8
Last Checked: Nov 9 at 3:13PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The 16,050-square-foot office property contains 13 suites ranging from 160 SF to 700 SF. Interior work is underway, including new paint and finish upgrades. The offering is structured as an all-inclusive gross lease.
At 1326 Schofield Avenue, the building sits along the Grand Avenue/Schofield Avenue corridor between Wausau and Weston. Commercial zoning and more than 36 parking spaces are additional property details.
At 1326 Schofield Avenue, the building sits along the Grand Avenue/Schofield Avenue corridor between Wausau and Weston. Commercial zoning and more than 36 parking spaces are additional property details.
Key Highlights
- 13 office suites ranging from 160 SF to 700 SF
- 36+ parking spaces
- Interior renovations underway, including paint and finish upgrades
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$159,993
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,199,860
$3.2M
Cap Rate 7%
$2,285,614
$2.3M
Cap Rate 9%
$1,777,700
$1.8M
Market Conditions
NOI Build-Up for 16,050 SF
Gross rent
$273.5K $17.04/SF
− Vacancy
−$60.2K −$3.75/SF
EGI
$213.3K $13.29/SF
− OpEx
−$53.3K −$3.32/SF
NOI
$160.0K $9.97/SF
Area
Marathon County, WI
Vacancy
22.00%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,199,860
Cap Rate 7%
$2,285,614
Cap Rate 9%
$1,777,700
Alternative Uses
Best Use
Office B
$2.29M
$2.00M – $2.67M
NOI $159,993 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.97M
$2.59M – $3.46M
NOI $207,575 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
438
Businesses Nearby
Explore this area
Business Placement
Demographics for 54476, WI
19,668
Population
8,574
Households
2.3
Avg Household Size
39
Median Age
24%
College-Educated
94%
High-School Grad
42.0 sq mi
ZIP Area
468
Density / Sq Mi
$76,132
Median Household Income
$43,962
Median Earnings
$972
Median Rent
$211,300
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office unit - A gross-lease office offering includes multiple suite sizes and on-site parking.
Where is this office unit located?
The property is located at 1326 Schofield Avenue Schofield, WI.
What are key features of this property?
This property features: 13 office suites ranging from 160 SF to 700 SF; 36+ parking spaces; Interior renovations underway, including paint and finish upgrades
