Manufacturing Facility with
For Sale
$2,250,000
4848 INDUSTRIAL PARK ROAD, Stevens Point, WI 54481
Updated industrial facility combining office, production, storage, and shipping infrastructure in one functional building.
Property Size37,994 SF
Price / SF$59.22
Days on Market42
Property Features for 4848 INDUSTRIAL PARK ROAD
General Information
Standard status
Active
Size
37,994 SF
Property subtype
Industrial
Zoning
Industrial
Warehouse & Industrial
Clear Height
18 ft
Office Build-Out
7,584 SF
Dock-High Doors
3
Drive-In Doors
1
Power
2,000 amps
Heavy Power
Yes
Sprinkler System
Yes
Conditioned Warehouse
Yes
Additional Details
Utilities to Site
Yes
Amenities
welding room
explosion-proof rooms
break room
mezzanine compressor area
security and surveillance system
megaphone intercom system
reception area
conference room
private offices
dedicated IT room
janitorial closet
restrooms
Building Details
Year Built
1984
Buildings
1
Stories
1
Units
1
Building Size
37,994 SF
Listed By:
Stevens Point Realty Inc.
(715) 544-0419
Source:
Stevenspointre.idxbroker
Added: Aug 1
Changed: Sep 8
Last Checked: Sep 11 at 4:18AM
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 Stevens Point Realty Inc.
Investment Insights
Based on property information with market context.
This 37,994-square-foot manufacturing facility combines approximately 7,584 square feet of office space with substantial shop and warehouse areas. The office portion includes reception, a conference room, private offices, an IT room, janitorial space, and restrooms. Industrial improvements include 18-foot sidewalls, a 25-foot peak, 6-inch concrete floors, a welding room, two explosion-proof rooms, a break room, and a mezzanine compressor area.
Shipping functions are supported by 3 loading docks and 4 overhead doors, including a 16'x20' garage door added in 2022. The property also includes additional loading and storage areas, a rubber roof, rewired electrical systems, updated plumbing and bathrooms, warehouse fans, a hanging furnace, insulated warehouse sections, sprinklers, security and surveillance equipment, and an intercom system. Forced-air service, natural gas heat, and central air conditioning serve the facility. Located at 4848 Industrial Park Rd in Stevens Point, Wisconsin, the building has 2,000-amp electrical service and 1,200-amp service at the road.
Shipping functions are supported by 3 loading docks and 4 overhead doors, including a 16'x20' garage door added in 2022. The property also includes additional loading and storage areas, a rubber roof, rewired electrical systems, updated plumbing and bathrooms, warehouse fans, a hanging furnace, insulated warehouse sections, sprinklers, security and surveillance equipment, and an intercom system. Forced-air service, natural gas heat, and central air conditioning serve the facility. Located at 4848 Industrial Park Rd in Stevens Point, Wisconsin, the building has 2,000-amp electrical service and 1,200-amp service at the road.
Key Highlights
- 37, 994 sq ft manufacturing and warehouse facility
- Approximately 7, 584 sq ft of office space
- 18‑foot sidewalls, 25‑foot peak height, and 6‑inch concrete floors
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
$125,963
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
5.60%
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%
$2,519,260
$2.5M
Cap Rate 7%
$1,799,471
$1.8M
Cap Rate 9%
$1,399,589
$1.4M
Market Conditions
NOI Build-Up for 37,994 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
$156.2K $4.11/SF
− Vacancy
−$8.0K −$0.21/SF
EGI
$148.2K $3.90/SF
− OpEx
−$22.2K −$0.59/SF
NOI
$126.0K $3.32/SF
Area
Portage County, WI
Vacancy
5.10%
Lease Rate
$4.11 /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%
$2,519,260
Cap Rate 7%
$1,799,471
Cap Rate 9%
$1,399,589
Alternative Uses
Best Use
Warehouse
$1.80M
$1.57M – $2.10M
NOI $125,963 @ 7.0% cap · market cap 5.60%
Second Best
Industrial
$1.48M
$1.30M – $1.73M
NOI $103,734 @ 7.0% cap · market cap 4.61%
Theoretical Best
Specialty Retail
$7.39M
$6.47M – $8.63M
NOI $517,583 @ 7.0% cap · market cap 23.00%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
18 ft
Clear height
3
Dock-high doors
1
Drive-in doors
Yes
Heavy power
Yes
Sprinkler system
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
170
Businesses Nearby
Explore this area
Business Placement
Demographics for 54481, WI
28,100
Population
12,697
Households
2.2
Avg Household Size
32
Median Age
38%
College-Educated
96%
High-School Grad
65.6 sq mi
ZIP Area
428
Density / Sq Mi
$57,234
Median Household Income
$29,506
Median Earnings
$853
Median Rent
$191,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Midwest region
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Frequently Asked Questions
What type of property is this?
Manufacturing property - Updated industrial facility combining office, production, storage, and shipping infrastructure in one functional building.
Where is this manufacturing property located?
The property is located at 4848 INDUSTRIAL PARK ROAD Stevens Point, WI.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: 37, 994 sq ft manufacturing and warehouse facility; Approximately 7, 584 sq ft of office space; 18‑foot sidewalls, 25‑foot peak height, and 6‑inch concrete floors
