1699 Schofield Ave, Schofield, WI 54476
Versatile retail center with upside potential in Schofield, Wisconsin.
- Added:
- Jan 27, 2022
- Days on Market:
- 1597
- Last Refresh:
- May 19 at 8:37 pm
Property Features for 1699 Schofield Ave
General Information
- Standard status
- Active
- Size
- 41,221 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1995
Listing agent Harry Lancz License #LA Brok.995691162
Listing office Professional Property Advisors
Listing date Jan 27, 2022
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 Professional Property Advisors
HighLights
- Located on a busy intersection in Schofield with high visibility.
- Excellent mix of established tenants including Spectrum Media, Little Caesar's, AnSer, and Lendmark Financial.
- Upside potential with 3 vacant suites available (680 sf and 2100 sf).
- New roofs on two buildings (2022 and 2024).
- Well‑maintained property with fresh paint in 2023.
- Located across the street from Country Inn and Suites, Walgreens Pharmacy, and Skylight Autism Center.
Overview
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 | $618.3k | $15.00 |
| − Vacancy | −$26.0k | −$0.63 |
| EGI | $592.3k | $14.37 |
| − OpEx | −$177.7k | −$4.31 |
| NOI | $414.6k | $10.06 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Schofield
- County
- Marathon
- State
- Wisconsin
- Longitude
- -89.602602
- Latitude
- 44.908959
