Building Details

Building Size 4,000 SF

Year Built 1950

Listing Agency: RE/MAX Results

Listed By: Danika McLaughlin Show Phone

Source: Visionsfirstrealty

Added: Apr 20 Changed: Oct 7 Last Checked: Oct 12 at 4:40PM

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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 is a 4,000 square foot storage building situated on 1.27 acres. The building is located just off Hwy 2 in Maple and offers visibility from the highway. The building features two levels with predominantly wide open spaces. The property offers potential for various uses with ample space for storage.

Key Highlights

• Large 4,000 sq ft storage building.
• Located on 1.27 acres.
• High visibility from Hwy 2.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$16,168

Cap Rate

8.86%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$323,360 $323.4K

Cap Rate 7%

$230,971 $231.0K

Cap Rate 9%

$179,644 $179.6K

Market Conditions

NOI Build-Up for 4,000 SF

Gross rent

$23.5K $5.88/SF

− Vacancy

−$423 −$0.11/SF

EGI

$23.1K $5.77/SF

− OpEx

−$6.9K −$1.73/SF

NOI

$16.2K $4.04/SF

Area

Douglas County, WI

Vacancy

1.80%

Lease Rate

$5.88 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$323,360

Cap Rate 7%

$230,971

Cap Rate 9%

$179,644

Alternative Uses

Best Use

Warehouse

$277.3K

$242.7K – $323.5K (±1% cap)

NOI $19,412 @ 7.0% cap · market cap 10.64%

Second Best

Industrial

$231.0K

$202.1K – $269.5K (±1% cap)

NOI $16,168 @ 7.0% cap · market cap 8.86%

Theoretical Best

Specialty Retail

$1.26M

$1.10M – $1.47M (±1% cap)

NOI $88,282 @ 7.0% cap · market cap 48.37%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Kristie's Party Rental Rental Equipment Company

Suggested Use

Top Pick Parking Lot & Garage Grocery & Convenience Store Pet Store Pet Store & Service Discount Store Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

22

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 54854, WI

982

Population

436

Households

2.3

Avg Household Size

44

Median Age

30%

College-Educated

95%

High-School Grad

83.3 sq mi

ZIP Area

12

Density / Sq Mi

$81,500

Median Household Income

$37,813

Median Earnings

$694

Median Rent

$182,900

Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this warehouses located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Warehouse - 4,000 SF storage building on 1.27 acres near Hwy 2.

Where is this warehouse located?

The property is located at 4781 S County Road F Maple, WI.

What is the asking price?

The asking price for this property is $182,500.

What are key features of this property?

This property features: Large 4,000 sq ft storage building.; Located on 1.27 acres.; High visibility from Hwy 2.