Trucking-Ready Warehouse and
For Sale
$595,000
4090 S County Rd A, Superior, WI 54880
Heated, insulated warehouse with multiple overhead doors plus a manufactured duplex-style home on a heavy-load parcel.
Property Size2,528 SF
Lot Size14.00 Acres
Price / SF$85
Days on Market177
Property Features for 4090 S County Rd A
General Information
Standard status
Active
Size
2,528 SF
Lot size
14.00 Acres
Property subtype
Duplex
Additional Details
Road Access
Yes
Clear Height
16 ft
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$3,652
Building Details
Building Size
2,528 SF
Year Built
1978
Listing Agency:
RE/MAX Results
(218) 310-8859
Listed By:
Tom Acton · License #40200615|WI67860-94
(218) 310-8859
Source:
Visionsfirstrealty
Added: Feb 24
Changed: Aug 8
Last Checked: Aug 19 at 4:49AM
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 RE/MAX Results
Investment Insights
Based on property information with market context.
This offering includes a 7,000-square-foot heated and insulated warehouse on a 14+ acre parcel, designed to support equipment storage and operations. The warehouse has 14' overhead doors and 16' sidewalls, along with a utility room, office space, a cold storage area, and a bathroom with a shower. A separate non-insulated 30' x 50' garage with 14' overhead doors and a dirt floor is also included and can be used for additional staging or storage.
The residential component is a 1978 manufactured home that has been set up as two units, with the flexibility to operate as a duplex or be used as a single family home. Each unit includes storage space, large living areas, upgraded bathrooms, and laundry facilities. The property includes two power meters, one for the house and one for the garage.
Originally used for a trucking company, the warehouse configuration and paved-road access with a driveway built for heavy loads make this property well-suited for owner-operators who want on-site space for equipment and support functions. The inclusion of extra building materials for an addition that has not been started on the back of the house adds further utility for future development of the residential portion.
The residential component is a 1978 manufactured home that has been set up as two units, with the flexibility to operate as a duplex or be used as a single family home. Each unit includes storage space, large living areas, upgraded bathrooms, and laundry facilities. The property includes two power meters, one for the house and one for the garage.
Originally used for a trucking company, the warehouse configuration and paved-road access with a driveway built for heavy loads make this property well-suited for owner-operators who want on-site space for equipment and support functions. The inclusion of extra building materials for an addition that has not been started on the back of the house adds further utility for future development of the residential portion.
Key Highlights
- 14+ acre parcel with a 7,000 SF heated and insulated warehouse built in 1978 with 14' overhead doors and 16' sidewalls
- Warehouse includes a utility room, office, cold storage area, and a bathroom with a shower
- Manufactured home set up as 2 units (duplex‑style) or can be used as a single family home, with each unit offering large living areas and laundry facilities
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$51,351
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.63%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,027,020
$1.0M
Cap Rate 7%
$733,586
$733.6K
Cap Rate 9%
$570,567
$570.6K
Market Conditions
NOI Build-Up for 7,000 SF
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.
Gross rent
$98.3K $14.04/SF
− Vacancy
−$4.9K −$0.70/SF
EGI
$93.4K $13.34/SF
− OpEx
−$42.0K −$6.00/SF
NOI
$51.4K $7.34/SF
Area
Douglas County, WI
Vacancy
5.00%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,027,020
Cap Rate 7%
$733,586
Cap Rate 9%
$570,567
Alternative Uses
Best Use
Multifamily LT 5
$833.5K
$729.3K – $972.4K
NOI $58,344 @ 7.0% cap · market cap 9.81%
Second Best
Apartment 5plus
$733.6K
$641.9K – $855.9K
NOI $51,351 @ 7.0% cap · market cap 8.63%
Theoretical Best
Specialty Retail
$2.21M
$1.93M – $2.57M
NOI $154,493 @ 7.0% cap · market cap 25.97%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
16 ft
Clear height
2
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
4
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 54880, WI
30,400
Population
14,325
Households
2.1
Avg Household Size
39
Median Age
28%
College-Educated
94%
High-School Grad
166.1 sq mi
ZIP Area
183
Density / Sq Mi
$66,942
Median Household Income
$40,813
Median Earnings
$901
Median Rent
$176,700
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?
Warehouse - Heated, insulated warehouse with multiple overhead doors plus a manufactured duplex-style home on a heavy-load parcel.
Where is this warehouse located?
The property is located at 4090 S County Rd A Superior, WI.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: 14+ acre parcel with a 7,000 SF heated and insulated warehouse built in 1978 with 14' overhead doors and 16' sidewalls; Warehouse includes a utility room, office, cold storage area, and a bathroom with a shower; Manufactured home set up as 2 units (duplex‑style) or can be used as a single family home, with each unit offering large living areas and laundry facilities
