Listing Agency: Coldwell Banker- Siewert Realtors

Listed By: Kelly Weiler Show Phone

Source: Familytreerealtyllc

Added: Jul 26 Changed: Oct 13 Last Checked: Oct 12 at 7:33PM

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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 Coldwell Banker- Siewert Realtors

Investment Insights

Based on property information with market context.

Located at 7220 Bradley St in Lake Tomahawk, Wisconsin, the property combines a retail building with dedicated cold storage and materials space. The retail component contains 9,600 square feet, while the additional storage area measures 8,473 square feet. Some utilities have been updated.

The sale encompasses the real estate along with the hardware store and lumber yard business, inventory, rental equipment, and yard equipment. This offering brings the operating business and its associated physical assets together in one transaction.

Key Highlights

• 9,600‑square‑foot retail area
• 8,473‑square‑foot cold storage and materials area
• Sale includes real estate, hardware store and lumber yard business

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$34,977

Cap Rate

3.89%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$699,540 $699.5K

Cap Rate 7%

$499,671 $499.7K

Cap Rate 9%

$388,633 $388.6K

Market Conditions

NOI Build-Up for 9,600 SF

Gross rent

$43.8K $4.56/SF

− Vacancy

−$2.6K −$0.27/SF

EGI

$41.1K $4.29/SF

− OpEx

−$6.2K −$0.64/SF

NOI

$35.0K $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%

$699,540

Cap Rate 7%

$499,671

Cap Rate 9%

$388,633

Alternative Uses

Best Use

Retail

$1.23M

$1.08M – $1.44M (±1% cap)

NOI $86,398 @ 7.0% cap · market cap 9.60%

Second Best

Warehouse

$499.7K

$437.2K – $583.0K (±1% cap)

NOI $34,977 @ 7.0% cap · market cap 3.89%

Theoretical Best

Industrial

$4.49M

$3.93M – $5.24M (±1% cap)

NOI $314,527 @ 7.0% cap · market cap 34.95%

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

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Building Supply Auto Repair Shop Bakery Butcher Cafe & Coffee Shop Hair Salon

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

71

Businesses Nearby

Explore this area Business Placement

Demographics for 54539, WI

1,525

Population

1,926

Households

0.8

Avg Household Size

58

Median Age

26%

College-Educated

94%

High-School Grad

55.7 sq mi

ZIP Area

27

Density / Sq Mi

$64,044

Median Household Income

$48,690

Median Earnings

$778

Median Rent

$241,300

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

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What type of property is this? Where is this retail space 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?

Retail space - Sale includes the hardware business, inventory, rental equipment, and yard equipment.

Where is this retail space located?

The property is located at 7220 Bradley St Lake Tomahawk, WI.

What is the asking price?

The asking price for this property is $899,900.

What are key features of this property?

This property features: 9,600‑square‑foot retail area; 8,473‑square‑foot cold storage and materials area; Sale includes real estate, hardware store and lumber yard business