40' x 64' Hybrid Flex
For Sale
$185,000
3920 90th Street North, Wisconsin Rapids, WI 54494
COMMERCIAL - Wisconsin Rapids, WI
Property Size2,560 SF
Price / SF$72.27
Days on Market15
Property Features for 3920 90th Street North
General Information
Property type
Commercial Sale
Property subtype
Other
Standard status
Active
Building Details
Year built
2026
Listing Agency:
NextHome Partners
(715) 424-3000
Listed By:
Tim O'Connor · License #80299-94,PersonLicenseNumber
(715) 451-2785
Added: Jul 16
Changed: Jul 22
Last Checked: Jul 30 at 2:06PM
MLS# 22602119
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.
This for-sale development offers individually owned hybrid flex buildings sized at 40' x 64' (2,560 sq ft). The buildings feature durable wood-frame construction with premium steel exterior finishes and roofing, along with BIB insulation for year-round comfort and energy efficiency. Interiors are fully lined in steel and include a bathroom, hot and cold water, and a floor drain. Each unit is served by 200-amp electric service.
The site is positioned at a high-visibility corner of 90th Street and Highway 54, located between Wisconsin Rapids and Plover in Central Wisconsin. Construction is planned to begin in summer 2026, with targeted completion in fall 2026.
An HOA will be established to handle common area maintenance, security, grounds care, and snow removal, supporting low day-to-day responsibility for owners. The developer notes commercial zoning intended to support a wide range of uses, and limited units are available in the exclusive phase.
The site is positioned at a high-visibility corner of 90th Street and Highway 54, located between Wisconsin Rapids and Plover in Central Wisconsin. Construction is planned to begin in summer 2026, with targeted completion in fall 2026.
An HOA will be established to handle common area maintenance, security, grounds care, and snow removal, supporting low day-to-day responsibility for owners. The developer notes commercial zoning intended to support a wide range of uses, and limited units are available in the exclusive phase.
Key Highlights
- 40' x 64' (2,560 sq ft) individually owned hybrid buildings planned for Central Wisconsin’s newest premium development.
- Durable wood‑frame construction with premium steel exterior finishes and roofing.
- Each unit includes BIB insulation, 200‑amp electric service, bathroom, hot and cold water, and a floor drain.
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
Flex RnD
$311.4K
$272.5K – $363.3K
NOI $21,797 @ 7.0% cap · market cap 11.78%
Second Best
Warehouse
$192.3K
$168.3K – $224.4K
NOI $13,461 @ 7.0% cap · market cap 7.28%
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 authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
18
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 54494, WI
27,420
Population
13,110
Households
2.1
Avg Household Size
47
Median Age
23%
College-Educated
95%
High-School Grad
125.3 sq mi
ZIP Area
219
Density / Sq Mi
$71,087
Median Household Income
$43,800
Median Earnings
$954
Median Rent
$170,800
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Individually owned 40' x 64' hybrid flex buildings with steel-lined interior, 200-amp service, and bathroom plumbing.
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: 40' x 64' (2,560 sq ft) individually owned hybrid buildings planned for Central Wisconsin’s newest premium development.; Durable wood‑frame construction with premium steel exterior finishes and roofing.; Each unit includes BIB insulation, 200‑amp electric service, bathroom, hot and cold water, and a floor drain.
