1571 US HWY 51 N Woodruff, WI 54568
Income-producing, four-suite commercial property near Minocqua, Wisconsin.
Property Features for 1571 US HWY 51 N
General Information
- Standard status
- Active
- Size
- 10,580 SF
- Property subtype
- Retail, Mixed Use, Office
Listing office Redman Realty Group, LLC
Listing date May 18, 2026
Source Crexi
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 Redman Realty Group, LLC
Investment Insights
Based on property information with market context.
Key Highlights
- Income‑producing commercial property with a history of full occupancy and Class A commercial leases.
- Prime location on US Hwy 51 with high visibility and easy access, benefiting from a daily traffic count of 9,300.
- Well‑maintained and updated 10,580 sq ft building constructed in 2008.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $139.7k | $13.20 |
| − Vacancy | −$3.6k | −$0.34 |
| EGI | $136.0k | $12.86 |
| − OpEx | −$40.8k | −$3.86 |
| NOI | $95.2k | $9.00 |