Retail Space with Basement
1401 Keck Avenue, Schofield, WI 54476
For Sale
New
Contact for pricing
Commercial zoning and additional lower-level storage support a range of business configurations.
Property Size700 SF
Price / SF$1.50
Days on Market4
Property Features for 1401 Keck Avenue
General Information
Standard status
Size
Property subtype
Zoning
Amenities
storage in basement
snow plowing
Building Details
Building Size
Year Built
Listing Agency:
Remax Excel
(715) 849-5544
Listed By:
Maxelle Rea · License WI #5614290
(715) 297-1730
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 Remax Excel
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Investment Insights
Based on property information with market context.
This retail space contains 700 square feet, with additional storage in the basement. Built in 1950, the property is zoned Commercial. The source identifies office, retail, and beauty salon use as possible applications.
Snow plowing is handled by the landlord.
Snow plowing is handled by the landlord.
Key Highlights
- 700 square feet of retail space
- Basement provides additional storage
- Commercial zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,041
Suggested Prices Based on Cap Rates
Cap Rate 5%
$140,820
$140.8K
Cap Rate 7%
$100,586
$100.6K
Cap Rate 9%
$78,233
$78.2K
Market Conditions
NOI Build-Up for 700 SF
Gross rent
$10.5K $15.00/SF
− Vacancy
−$441 −$0.63/SF
EGI
$10.1K $14.37/SF
− OpEx
−$3.0K −$4.31/SF
NOI
$7.0K $10.06/SF
Area
Marathon County, WI
Vacancy
4.20%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$140,820
Cap Rate 7%
$100,586
Cap Rate 9%
$78,233
Alternative Uses
Best Use
Retail
$100.6K
$88.0K – $117.4K
NOI $7,041 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$129.3K
$113.2K – $150.9K
NOI $9,053 @ 7.0% cap
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
86
Businesses Nearby
3k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Hotels & Casinos 100%
Comfort Inn
Hotels & Casinos
2,750 visits/mo
0.5 miles
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Retail space - Commercial zoning and additional lower-level storage support a range of business configurations.
Where is this retail space located?
The property is located at 1401 Keck Avenue Schofield, WI.
What are key features of this property?
This property features: 700 square feet of retail space; Basement provides additional storage; Commercial zoning
