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For Sale
$549,900
4150 Highway 13, Wisconsin Dells, WI 53965
Flexible commercial facility with retail areas, service space, offices, and restrooms.
Property Size10,000 SF
Lot Size3.10 Acres
Price / SF$54.99
Days on Market466
Property Features for 4150 Highway 13
General Information
Standard status
Active
Size
10,000 SF
Lot size
3.10 Acres
Property subtype
Commercial/Industrial
Site & Location
Highway Access
Yes
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$5,422
Amenities
showrooms
retail space
repair/maintenance garage
private office areas
restrooms
Listing Agency:
Bunbury, REALTORS-Wis Dells Realty
(608) 697-1118
Listed By:
Tory Wolfram · License #53217-90
(608) 697-1118
Source:
Exitrealty
Added: May 22, 2025
Changed: Aug 30
Last Checked: Aug 30 at 2:07PM
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 Bunbury, REALTORS-Wis Dells Realty
Investment Insights
Based on property information with market context.
This 10,000-square-foot automotive property occupies 3.1 acres and is currently arranged for recreational vehicle sales and service. The improvements include spacious showroom areas, retail space, a repair and maintenance garage, private offices, and restrooms.
Located at 4150 Highway 13 on the edge of Wisconsin Dells, the property offers a highway-oriented commercial setting with space for parking and vehicle display. Its existing configuration supports automotive service and sales operations while providing multiple interior areas for customer-facing and administrative functions.
Located at 4150 Highway 13 on the edge of Wisconsin Dells, the property offers a highway-oriented commercial setting with space for parking and vehicle display. Its existing configuration supports automotive service and sales operations while providing multiple interior areas for customer-facing and administrative functions.
Key Highlights
- 10,000 square feet of commercial buildings on 3.1 acres
- Configured for recreational vehicle sales and service
- Showrooms and retail areas included
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
$26,043
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
4.74%
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%
$520,860
$520.9K
Cap Rate 7%
$372,043
$372.0K
Cap Rate 9%
$289,367
$289.4K
Market Conditions
NOI Build-Up for 10,000 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
$40.8K $4.08/SF
− Vacancy
−$734 −$0.07/SF
EGI
$40.1K $4.01/SF
− OpEx
−$14.0K −$1.40/SF
NOI
$26.0K $2.60/SF
Area
Columbia County, WI
Vacancy
1.80%
Lease Rate
$4.08 /SF/Yr
Expense Ratio
35.00%
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%
$520,860
Cap Rate 7%
$372,043
Cap Rate 9%
$289,367
Alternative Uses
Best Use
Retail
$1.46M
$1.28M – $1.70M
NOI $102,224 @ 7.0% cap · market cap 18.59%
Second Best
Industrial
$945.1K
$827.0K – $1.10M
NOI $66,159 @ 7.0% cap · market cap 12.03%
Theoretical Best
Office A
$2.25M
$1.97M – $2.62M
NOI $157,262 @ 7.0% cap · market cap 28.60%
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
40
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 53965, WI
11,361
Population
6,792
Households
1.7
Avg Household Size
43
Median Age
22%
College-Educated
94%
High-School Grad
168.7 sq mi
ZIP Area
67
Density / Sq Mi
$65,237
Median Household Income
$36,823
Median Earnings
$938
Median Rent
$211,700
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
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Similar Off Market Nearby
- Hovland's Service Center — 4147a state hwy 13, wisconsin dells, wi 53965
- Hovlands Tire & Oil Inc. — 4147A State Hwy 13, Wisconsin Dells, WI 53965
Frequently Asked Questions
What type of property is this?
Auto shop - Flexible commercial facility with retail areas, service space, offices, and restrooms.
Where is this auto shop located?
The property is located at 4150 Highway 13 Wisconsin Dells, WI.
What is the asking price?
The asking price for this property is $549,900.
What are key features of this property?
This property features: 10,000 square feet of commercial buildings on 3.1 acres; Configured for recreational vehicle sales and service; Showrooms and retail areas included
