Open-Plan Retail
New
For Sale
Contact for pricing
1920 N Stevens St, Rhinelander, WI 54501
B-3 general business zoning and a broad interior layout accommodate retail or service business use.
Property Size7,370 SF
Lot Size1.16 Acres
Price / SF$0.62
Days on Market3
Property Features for 1920 N Stevens St
General Information
Standard status
Active
Size
7,370 SF
Total Parking Spaces
16
Lot size
1.16 Acres
Property subtype
Commercial
Zoning
B-3
Amenities
hydronic heat
central air
large open floor space
new LED lighting
signage in place
Building Details
Buildings
1
Listing Agency:
Woodland Lakes Realty, LLC
(715) 224-3800
Listed By:
Kelly Weiler
(715) 965-1234
Source:
Familytreerealtyllc
Added: Oct 14
Changed: Oct 15
Last Checked: Oct 14 at 8:14PM
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 Woodland Lakes Realty, LLC
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Investment Insights
Based on property information with market context.
The 7,370-square-foot retail building has an expansive open interior, hydronic heat, central air, and LED lighting. A metal roof, existing signage, and parking for more than 16 vehicles are also part of the property. The building is described as well maintained.
The parcel encompasses 1.158 acres at 1920 Stevens St in Rhinelander, Wisconsin. It fronts a business corridor with a reported daily traffic count of 7,800 and carries B-3 general business zoning.
The parcel encompasses 1.158 acres at 1920 Stevens St in Rhinelander, Wisconsin. It fronts a business corridor with a reported daily traffic count of 7,800 and carries B-3 general business zoning.
Key Highlights
- 7,370‑square‑foot building with an open interior
- 1.158‑acre parcel
- B‑3 general business zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$66,328
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,326,560
$1.3M
Cap Rate 7%
$947,543
$947.5K
Cap Rate 9%
$736,978
$737.0K
Market Conditions
NOI Build-Up for 7,370 SF
Gross rent
$97.3K $13.20/SF
− Vacancy
−$2.5K −$0.34/SF
EGI
$94.8K $12.86/SF
− OpEx
−$28.4K −$3.86/SF
NOI
$66.3K $9.00/SF
Area
Oneida County, WI
Vacancy
2.60%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,326,560
Cap Rate 7%
$947,543
Cap Rate 9%
$736,978
Alternative Uses
Best Use
Retail
$947.5K
$829.1K – $1.11M
NOI $66,328 @ 7.0% cap · market cap 1,441.91%
Second Best
—
—
no second resolved use
Theoretical Best
Industrial
$3.45M
$3.02M – $4.02M
NOI $241,465 @ 7.0% cap · market cap 5,249.24%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
216
Businesses Nearby
6k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 67%
Hotels & Casinos 33%
Holiday Inn Express
Hotels & Casinos
2,098 visits/mo
0.2 miles
Rhinelander Toyota
Shops & Services
1,883 visits/mo
0.2 miles
Advance Auto Parts
Shops & Services
1,242 visits/mo
0.3 miles
Safelite AutoGlass
Shops & Services
433 visits/mo
0.4 miles
Napa Auto Parts
Shops & Services
394 visits/mo
0.2 miles
Demographics for 54501, WI
20,591
Population
12,754
Households
1.6
Avg Household Size
48
Median Age
26%
College-Educated
96%
High-School Grad
366.3 sq mi
ZIP Area
56
Density / Sq Mi
$68,602
Median Household Income
$37,578
Median Earnings
$831
Median Rent
$194,900
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 - B-3 general business zoning and a broad interior layout accommodate retail or service business use.
Where is this retail space located?
The property is located at 1920 N Stevens St Rhinelander, WI.
What are key features of this property?
This property features: 7,370‑square‑foot building with an open interior; 1.158‑acre parcel; B‑3 general business zoning
