Retail
4531 8th Street South #4531-4551..Suite 101, Wisconsin Rapids, WI 54494
For Sale
New
Contact for pricing
The 2003-built space offers a compact footprint for retail, service, office, or medical use.
Property Size890 SF
Price / SF$0.02
Days on Market2
Property Features for 4531 8th Street South #4531-4551..Suite 101
General Information
Standard status
Size
Property subtype
Site & Location
Anchor Co-Tenants
Road Access
Building Details
Building Size
Year Built
Tenancy
Listing Agency:
Nai Pfefferle
(715) 261-2922
Listed By:
Gregory Hedrich · License WI #9285894
(608) 844-9063
Source:
Howardandwilliams
Added: Nov 10
Changed: Nov 11
Last Checked: Nov 11 at 2:26AM
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 Nai Pfefferle
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 890-square-foot retail suite was built in 2003. Its stated use options include retail, service, office, medical, and other neighborhood-oriented commercial activities.
The property is at 4531 8th Street South in Wisconsin Rapids, along the city’s primary commercial and retail corridor. Access is available from 8th Street South. Retailers and service providers identified in the surrounding area include Walmart, Aldi, Marshalls, Harbor Freight, PetSmart, Walgreens, Goodwill, Starbucks, O’Reilly Auto Parts, Verizon, and McDonald’s.
The property is at 4531 8th Street South in Wisconsin Rapids, along the city’s primary commercial and retail corridor. Access is available from 8th Street South. Retailers and service providers identified in the surrounding area include Walmart, Aldi, Marshalls, Harbor Freight, PetSmart, Walgreens, Goodwill, Starbucks, O’Reilly Auto Parts, Verizon, and McDonald’s.
Key Highlights
- 890 SF retail suite
- Built in 2003
- Located on 8th Street South, identified as Wisconsin Rapids’ primary commercial and retail corridor
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$6,356
Suggested Prices Based on Cap Rates
Cap Rate 5%
$127,120
$127.1K
Cap Rate 7%
$90,800
$90.8K
Cap Rate 9%
$70,622
$70.6K
Market Conditions
NOI Build-Up for 890 SF
Gross rent
$10.1K $11.40/SF
− Vacancy
−$1.1K −$1.20/SF
EGI
$9.1K $10.20/SF
− OpEx
−$2.7K −$3.06/SF
NOI
$6.4K $7.14/SF
Area
Wood County, WI
Vacancy
10.50%
Lease Rate
$11.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$127,120
Cap Rate 7%
$90,800
Cap Rate 9%
$70,622
Alternative Uses
Best Use
Retail
$90.8K
$79.5K – $105.9K
NOI $6,356 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$172.7K
$151.1K – $201.4K
NOI $12,086 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
192
Businesses Nearby
165k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 43%
Shops & Services 22%
Dining 11%
Home Improvements & Furnishings 10%
Walmart
Superstores
71,474 visits/mo
0.2 miles
Kwik Trip
Shops & Services
31,441 visits/mo
0.1 miles
Tractor Supply Co.
Home Improvements & Furnishings
15,647 visits/mo
0.3 miles
El Mezcal
Dining
10,392 visits/mo
0.2 miles
AT&T
Electronics
5,934 visits/mo
0.1 miles
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 Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Retail space - The 2003-built space offers a compact footprint for retail, service, office, or medical use.
Where is this retail space located?
The property is located at 4531 8th Street South #4531-4551..Suite 101 Wisconsin Rapids, WI.
What are key features of this property?
This property features: 890 SF retail suite; Built in 2003; Located on 8th Street South, identified as Wisconsin Rapids’ primary commercial and retail corridor
