Retail Space Near Major
1335 S 8th Street, Wisconsin Rapids, WI 54494
For Sale
New
Contact for pricing
Commercial zoning and nearby Marshalls, Harbor Freight, Five Below, and PetSmart support a retail setting.
Property Size1,829 SF
Price / SF$1.25
Days on Market4
Property Features for 1335 S 8th Street
General Information
Standard status
Size
Property subtype
Zoning
Building Details
Building Size
Year Built
Listing Agency:
Nexthome Partners
(715) 424-3000
Listed By:
Brian Spranger · License #8112694
(715) 572-7117
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 Nexthome Partners
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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 retail space at 1335 S 8th Street was built in 1987 and is zoned Commercial.
Marshalls, Harbor Freight, Five Below, and PetSmart are identified as neighboring shopping destinations. The property is in Wisconsin Rapids, Wisconsin.
Marshalls, Harbor Freight, Five Below, and PetSmart are identified as neighboring shopping destinations. The property is in Wisconsin Rapids, Wisconsin.
Key Highlights
- Built in 1987
- Commercial zoning
- Nearby Marshalls, Harbor Freight, Five Below, and PetSmart
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,063
Suggested Prices Based on Cap Rates
Cap Rate 5%
$261,260
$261.3K
Cap Rate 7%
$186,614
$186.6K
Cap Rate 9%
$145,144
$145.1K
Market Conditions
NOI Build-Up for 1,829 SF
Gross rent
$20.9K $11.40/SF
− Vacancy
−$2.2K −$1.20/SF
EGI
$18.7K $10.20/SF
− OpEx
−$5.6K −$3.06/SF
NOI
$13.1K $7.14/SF
Area
Wood County, WI
Vacancy
10.50%
Lease Rate
$11.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$261,260
Cap Rate 7%
$186,614
Cap Rate 9%
$145,144
Alternative Uses
Best Use
Retail
$186.6K
$163.3K – $217.7K
NOI $13,063 @ 7.0% cap · market cap 571.18%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$354.8K
$310.5K – $414.0K
NOI $24,838 @ 7.0% cap · market cap 1,086.05%
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
Location Intelligence
Trade Area within ½ mile
580
Businesses Nearby
256k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 35%
Shops & Services 26%
Groceries 20%
Home Improvements & Furnishings 9%
Kwik Trip
Shops & Services
37,482 visits/mo
0.2 miles
Pick 'n Save
Groceries
32,796 visits/mo
0.2 miles
McDonald's
Dining
26,449 visits/mo
0.3 miles
Marshalls
Apparel
20,317 visits/mo
0.2 miles
Aldi
Groceries
18,132 visits/mo
0.1 miles
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 Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Retail space - Commercial zoning and nearby Marshalls, Harbor Freight, Five Below, and PetSmart support a retail setting.
Where is this retail space located?
The property is located at 1335 S 8th Street Wisconsin Rapids, WI.
What are key features of this property?
This property features: Built in 1987; Commercial zoning; Nearby Marshalls, Harbor Freight, Five Below, and PetSmart
