Heated Flex
611 W Kemp St, Rhinelander, WI 54501
For Sale
New
Contact for pricing
Climate-controlled office and restroom space complement the heated display or storage area.
Property Size108,900 SF
Price / SF$0.03
Days on Market3
Property Features for 611 W Kemp St
General Information
Standard status
Size
Property subtype
Additional Details
Highway Access
Amenities
heated showroom or warehouse
bathroom
air conditioned office space
Listing Agency:
First Weber
Listed By:
Kelly Weiler
(715) 965-1234
Source:
Familytreerealtyllc
Added: Nov 4
Last Checked: Nov 6 at 8:34AM
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 First Weber
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 flex property combines a heated showroom or warehouse area with an air-conditioned office and a bathroom. The configuration supports display, storage, and office functions within one space.
The property is just west of Rhinelander, with access to Highway 8. Two additional units are also available for rent.
The property is just west of Rhinelander, with access to Highway 8. Two additional units are also available for rent.
Key Highlights
- Heated showroom or warehouse space
- Air‑conditioned office and bathroom
- Two additional units currently offered for rent
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$396,771
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,935,420
$7.9M
Cap Rate 7%
$5,668,157
$5.7M
Cap Rate 9%
$4,408,567
$4.4M
Market Conditions
NOI Build-Up for 108,900 SF
Gross rent
$496.6K $4.56/SF
− Vacancy
−$29.8K −$0.27/SF
EGI
$466.8K $4.29/SF
− OpEx
−$70.0K −$0.64/SF
NOI
$396.8K $3.64/SF
Area
Oneida County, WI
Vacancy
6.00%
Lease Rate
$4.56 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,935,420
Cap Rate 7%
$5,668,157
Cap Rate 9%
$4,408,567
Alternative Uses
Best Use
Industrial
$50.97M
$44.60M – $59.47M
NOI $3,567,921 @ 7.0% cap · market cap 104,938.85%
Second Best
Retail
$14.00M
$12.25M – $16.33M
NOI $980,074 @ 7.0% cap · market cap 28,825.71%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
91
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 54501, WI
20,591
Population
12,754
Households
1.6
Avg Household Size
48
Median Age
26%
College-Educated
96%
High-School Grad
366.3 sq mi
ZIP Area
56
Density / Sq Mi
$68,602
Median Household Income
$37,578
Median Earnings
$831
Median Rent
$194,900
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Flex space - Climate-controlled office and restroom space complement the heated display or storage area.
Where is this flex space located?
The property is located at 611 W Kemp St Rhinelander, WI.
What are key features of this property?
This property features: Heated showroom or warehouse space; Air‑conditioned office and bathroom; Two additional units currently offered for rent
