Industrial Park with Automotive
For Sale
Contact for pricing
421 & 511 N 25th Avenue, Wisconsin Rapids, WI 54495
Office, warehouse, and automotive garage with private gas pumps.
Property Size16,146 SF
Lot Size30.00 Acres
Price / SF$74.32
Days on Market177
Property Features for 421 & 511 N 25th Avenue
General Information
Standard status
Active
Size
16,146 SF
Lot size
30.00 Acres
Property subtype
Retail, Industrial
Zoning
R1
Listing Agency:
KPR Brokers, LLC
(715) 598-6367
Listed By:
Cole Passehl · License #WI 9696494
Source:
Crexi
Added: Feb 17
Changed: Aug 8
Last Checked: Aug 8 at 3:24PM
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 KPR Brokers, LLC
Investment Insights
Based on property information with market context.
Three parcels are available in the West Side Industrial Park of Wisconsin Rapids. The property includes over 15,000 square feet of office space and a warehouse/automotive garage. It also features private gas pumps and 12 large overhead doors, all situated on 30 acres. The office space is suitable for client meetings and dispatch operations, and includes a break room. The shop/warehouse area is designed to accommodate semi-trucks and other vehicles for washing, repairs, or shelter. A neighboring parcel contains 5 gas pumps. The remaining acreage behind the truck yard can be used for additional vehicle storage. Parcel numbers for the properties are 3400875, 3400858, and 3400850. The combined taxes for all three parcels are listed; the 2025 taxes for parcel 3400875 are $15,942.59, for parcel 3400858 they are $5,070.11, and for parcel 3400850 they are $2,516.71.
Key Highlights
- 30 Acres of Land: Offers significant space.
- 15,000+ SqFt of Office and Warehouse/Automotive Garage Space: Provides ample room.
- 12 Large Overhead Doors: Facilitates easy access.
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
$84,898
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
7.07%
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%
$1,697,960
$1.7M
Cap Rate 7%
$1,212,829
$1.2M
Cap Rate 9%
$943,311
$943.3K
Market Conditions
NOI Build-Up for 16,146 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
$105.9K $6.56/SF
− Vacancy
−$6.0K −$0.37/SF
EGI
$99.9K $6.19/SF
− OpEx
−$15.0K −$0.93/SF
NOI
$84.9K $5.26/SF
Area
Wood County, WI
Vacancy
5.70%
Lease Rate
$6.56 /SF/Yr
Expense Ratio
15.00%
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%
$1,697,960
Cap Rate 7%
$1,212,829
Cap Rate 9%
$943,311
Alternative Uses
Best Use
Office B
$2.05M
$1.79M – $2.39M
NOI $143,498 @ 7.0% cap · market cap 11.96%
Second Best
Retail
$1.65M
$1.44M – $1.92M
NOI $115,316 @ 7.0% cap · market cap 9.61%
Theoretical Best
Specialty Retail
$3.13M
$2.74M – $3.65M
NOI $219,264 @ 7.0% cap · market cap 18.27%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
86
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 54495, WI
7,638
Population
3,605
Households
2.1
Avg Household Size
40
Median Age
12%
College-Educated
91%
High-School Grad
104.0 sq mi
ZIP Area
73
Density / Sq Mi
$49,476
Median Household Income
$32,586
Median Earnings
$804
Median Rent
$117,900
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Storage Unlimited, LLC — 2820 W Grand Ave, Wisconsin Rapids, WI 54494
- Storage Unlimited — 2701 Industrial St, Wisconsin Rapids, WI 54495
- W R Cold Storage — 801 21st Ave N, Wisconsin Rapids, WI 54495
Frequently Asked Questions
What type of property is this?
Warehouse - Office, warehouse, and automotive garage with private gas pumps.
Where is this warehouse located?
The property is located at 421 & 511 N 25th Avenue Wisconsin Rapids, WI.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 30 Acres of Land: Offers significant space.; 15,000+ SqFt of Office and Warehouse/Automotive Garage Space: Provides ample room.; 12 Large Overhead Doors: Facilitates easy access.
