Hybrid Flex Warehouse
3920 90th Street North Wisconsin Rapids, WI 54494
3920 90th Street North, Wisconsin Rapids, WI, 54494
$185,000
For Sale
$185,000
Commercial Sale, Other - Wisconsin Rapids, WI
Property Size2,560 SF
Price / SF$72.27
Days on Market66
Property Features for 3920 90th Street North
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
Building Details
- Year built
- 2026
- Architectural style
- Other
Listing Agency
NextHome Partners
(715) 424-3000
480 E Grand Ave, WI
Listed by
Tim O'Connor · License #80299-94,PersonLicenseNumber
(715) 451-2785
Added: May 14 Checked: Jul 18 at 12:06 am
MLS# 22602119
Listing URL
Copyright © 2026 NextHome, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Propel LLC is offering individually owned hybrid buildings designed as a flexible owner-occupied space. The units are planned as 40' x 64' (2,560 sq ft) wood-frame structures with premium steel exterior finishes and roofing, built with BIB insulation for year-round comfort and energy efficiency. Interiors are fully lined in steel and include 200-amp electric service, a bathroom, hot and cold water, and a floor drain. The layout is positioned to support a wide range of practical uses under commercial zoning, including owner-focused storage, a dedicated workshop, and small-business headquarters, either separately or in combination.
The development is located at a high-visibility corner of 90th Street and Highway 54, between Wisconsin Rapids and Plover, providing convenient access within the Central Wisconsin corridor. The project also includes an HOA to handle common area maintenance, security, grounds care, and snow removal to support low ongoing responsibility for owners.
Construction is scheduled to begin in Summer 2026 with targeted completion in Fall 2026. Limited units are available in the current phase, with early buyers receiving preferred pricing, priority selection, and the opportunity to upgrade finishes within approved plans.
The development is located at a high-visibility corner of 90th Street and Highway 54, between Wisconsin Rapids and Plover, providing convenient access within the Central Wisconsin corridor. The project also includes an HOA to handle common area maintenance, security, grounds care, and snow removal to support low ongoing responsibility for owners.
Construction is scheduled to begin in Summer 2026 with targeted completion in Fall 2026. Limited units are available in the current phase, with early buyers receiving preferred pricing, priority selection, and the opportunity to upgrade finishes within approved plans.
Key Highlights
- Individually owned 40' x 64' (2,560 SF) hybrid buildings in Central Wisconsin premium development
- Year built 2026 with Summer 2026 groundbreaking and targeted Fall 2026 completion
- Each unit includes bathroom, hot and cold water, floor drain, and fully lined interior in steel
Local Financial Insights For Warehouse
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 | $16.8k | $6.56 |
| − Vacancy | −$957 | −$0.37 |
| EGI | $15.8k | $6.19 |
| − OpEx | −$2.4k | −$0.93 |
| NOI | $13.5k | $5.26 |
2,560 SF · lease $6.56/SF/yr · vacancy 5.70% · expense 15.00%
Alternative Uses
Best Use
Office B
$325.0K
$284.4K – $379.2K
NOI $22,752 @ 7.0% cap · market cap 12.30%
Second Best
Flex RnD
$311.4K
$272.5K – $363.3K
NOI $21,797 @ 7.0% cap · market cap 11.78%
Theoretical Best
Specialty Retail
$496.6K
$434.6K – $579.4K
NOI $34,765 @ 7.0% cap · market cap 18.79%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Individually owned hybrid flex warehouse units with 200-amp service, bathroom, water service, insulation, and a fully lined interior.
Where is this flex space located?
The property is located at 3920 90th Street North Wisconsin Rapids, WI.
What is the asking price?
The asking price for this property is $185,000.
What are key features of this property?
This property features: Individually owned 40' x 64' (2,560 SF) hybrid buildings in Central Wisconsin premium development; Year built 2026 with Summer 2026 groundbreaking and targeted Fall 2026 completion; Each unit includes bathroom, hot and cold water, floor drain, and fully lined interior in steel
