Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Prime Retail Outlots For Lease Title is generated by Realmo AI

    5590 Highway 10 E, Stevens Point, WI 54482

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    Retail outlots with high visibility and traffic.

    Type:Retail
    Property size:
    2 SF
    Added:
    Nov 22, 2025
    Days on Market:
    186
    Last Refresh:
    May 19 at 11:41 pm

    Property Features for 5590 Highway 10 E

    General Information

    Standard status
    Active
    Size
    2 SF
    Property subtype
    Retail

    We can help!

    Listing Contact
    Andrew Stefanich
    Andrew Stefanich

    Listing agent Andrew Stefanich License #1384291

    Listing office CBRE, Inc.

    Listing date Nov 22, 2025

    Source Cbre

    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 CBRE, Inc.

    HighLights

    • High traffic location with over 26,000 vehicles passing daily.
    • Excellent visibility from US Highway 10.
    • Located along the main arterial corridor in Stevens Point.
    • Adjacent to Fleet Farm.
    • Close proximity to Target, Aldi, and Dunhams.
    • Access from both Brilowski Drive and Wildwood Drive.

    Overview

    These outlots present an opportunity for placement along a main arterial corridor. The location is adjacent to Fleet Farm and in close proximity to Target, Aldi, and Dunhams. The site benefits from high traffic, with over 26,000 vehicles passing by daily. The property has visibility from US Highway 10 and access from both Brilowski Drive and Wildwood Drive. The property is located on the east side of the retail trade area and has a size of 2 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Shopping centers

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Stevens Point
    County
    Portage
    State
    Wisconsin
    Longitude
    -89.51
    Latitude
    44.5229

    Nearby Similar for Lease

    • $2,000/Mo

      Versatile Commercial Space For Lease

      Customizable commercial space in high-traffic area, ideal for various businesses.
      5720 Windy Drive, Stevens Point, WI 54482
      View Details
    • $35 SF/Yr
      2,273 SF

      Turn-Key Restaurant with Drive-Thru

      Restaurant with drive-thru near UW-Steven's Point campus.
      327 Division Street, Stevens Point, WI, 54481
      View Details
    • $12 SF/Yr
      11,555 SF

      Retail Space in East Town

      High-traffic retail space with signage opportunities in central Wisconsin.
      5474 Hwy 10 E, Stevens Point, WI
      View Details
    • Contact for pricing

      Prime Commercial Land For Lease

      Commercial land for lease near university and high school.
      111 N. Division Street | Stevens Point, WI 54481
      View Details
    • $350/Mo
      1,500 SF

      Office Space for Non-Profits

      ADA compliant office spaces available for rent to 501C-3 organizations.
      1578 Strongs Avenue, Stevens Point, WI 54481
      View Details
    • $3,256/Mo
      3,256 SF

      Retail Space in Hawthorn Center

      Retail space for lease in a desirable east side location.
      1101 Brilowski Road Suite A, Stevens Point, WI 54481
      View Details
    • $16 SF/Yr
      12,048 SF

      Mixed-Use Building in Growing Area

      Retail and office suites in a rapidly growing downtown area.
      1060 Centerpoint Dr, Stevens Point, WI
      View Details
    • Contact for pricing
      64,648 SF

      Retail Space in Stevens Point

      New retail development with 250,000 square feet of retail space.
      5601 U.S. 10, Stevens Point, WI, 54482
      View Details
    • $10 SF/Yr

      Commercial Suite in Stevens Point

      Modern commercial suite in a thriving Stevens Point location.
      5741 Windy Dr, Stevens Point, WI 54481
      View Details
    • $10 SF/Yr

      High-Visibility Commercial Space Near Highway

      Prime retail/office space with high traffic count and easy access.
      5709 Windy Dr, Stevens Point, WI 54482
      View Details
    • Contact for pricing
      250,000 SF

      Retail Space in Stevens Point

      New retail development with spaces available for lease.
      5601 US-10, Stevens Point, WI 54482
      View Details
    • Contact for pricing

      Retail Space in Stevens Point

      Retail space in a vibrant Stevens Point community.
      316 Division St, Stevens Point, WI 54481
      View Details

    FAQs

    What type of property is this?
    Shopping center - Retail outlots with high visibility and traffic.
    Where is this shopping center located?
    The property is located at 5590 Highway 10 E Stevens Point, WI.
    What are key features of this property?
    This property features: High traffic location with over 26,000 vehicles passing daily.; Excellent visibility from US Highway 10.; Located along the main arterial corridor in Stevens Point.
    (414) 274-1645
    We can help!
    Listing Contact
    Andrew Stefanich
    Andrew Stefanich
    Real Estate License ID: 1384291
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    5590 Highway 10 E, Stevens Point, WI, 54482
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!