Heated Insulated Warehouse With
For Sale
$595,000
4090 S County Road A, Superior, WI 54880
Large industrial improvements include heated storage, office space, overhead doors, and an attached two-unit manufactured home.
Property Size7,000 SF
Price / SF$235.36
Days on Market42
Property Features for 4090 S County Road A
General Information
Standard status
Active
Size
7,000 SF
Property subtype
Multi-Family
Warehouse & Industrial
Clear Height
16 ft
Cold Storage
Yes
Amenities
utility room
bathroom with shower
Building Details
Year Built
1978
Building Size
7,000 SF
Listing Agency:
RE/MAX Results Duluth
(218) 722-2810
Listed By:
Thomas C Acton
Source:
Searchhousesnow
Added: Jul 20
Changed: Aug 29
Last Checked: Aug 25 at 5:25AM
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 RE/MAX Results Duluth
Investment Insights
Based on property information with market context.
The property includes a 7,000-square-foot heated and insulated warehouse on a 14+ acre parcel. The building has 14-foot overhead doors, 16-foot sidewalls, a utility room, office, cold storage area, and a bathroom with shower, providing substantial support space for equipment storage and operations.
A 1978 manufactured home is configured as two units and may also function as a single-family residence. The property is located at 4090 S County Rd A in Superior, Wisconsin, and combines the warehouse improvements with residential accommodations on the same acreage.
A 1978 manufactured home is configured as two units and may also function as a single-family residence. The property is located at 4090 S County Rd A in Superior, Wisconsin, and combines the warehouse improvements with residential accommodations on the same acreage.
Key Highlights
- 7,000‑square‑foot heated and insulated warehouse
- 14+ acre parcel at 4090 S County Rd A, Superior, WI 54880
- 14‑foot overhead doors and 16‑foot sidewalls
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$21,071
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.54%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$421,420
$421.4K
Cap Rate 7%
$301,014
$301.0K
Cap Rate 9%
$234,122
$234.1K
Market Conditions
NOI Build-Up for 2,528 SF
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.
Gross rent
$31.9K $12.60/SF
− Vacancy
−$1.8K −$0.69/SF
EGI
$30.1K $11.91/SF
− OpEx
−$9.0K −$3.57/SF
NOI
$21.1K $8.33/SF
Area
Douglas County, WI
Vacancy
5.50%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$421,420
Cap Rate 7%
$301,014
Cap Rate 9%
$234,122
Alternative Uses
Best Use
Multifamily LT 5
$301.0K
$263.4K – $351.2K
NOI $21,071 @ 7.0% cap · market cap 3.54%
Second Best
Apartment 5plus
$264.9K
$231.8K – $309.1K
NOI $18,545 @ 7.0% cap · market cap 3.12%
Theoretical Best
Specialty Retail
$797.1K
$697.4K – $929.9K
NOI $55,794 @ 7.0% cap · market cap 9.38%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
16 ft
Clear height
Location Intelligence
Trade Area within ½ mile
4
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 54880, WI
30,400
Population
14,325
Households
2.1
Avg Household Size
39
Median Age
28%
College-Educated
94%
High-School Grad
166.1 sq mi
ZIP Area
183
Density / Sq Mi
$66,942
Median Household Income
$40,813
Median Earnings
$901
Median Rent
$176,700
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Warehouse - Large industrial improvements include heated storage, office space, overhead doors, and an attached two-unit manufactured home.
Where is this warehouse located?
The property is located at 4090 S County Road A Superior, WI.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: 7,000‑square‑foot heated and insulated warehouse; 14+ acre parcel at 4090 S County Rd A, Superior, WI 54880; 14‑foot overhead doors and 16‑foot sidewalls
