Multi-Room Mixed-Use
New
For Sale
$324,500
728 Elm St, Woodruff, WI 54568
Interior improvements include flooring, paint, insulation work, and an added shower in one bathroom.
Property Size1,892 SF
Price / SF$171.51
Days on Market3
Property Features for 728 Elm St
General Information
Standard status
Active
Size
1,892 SF
Property subtype
Business Opportunity
Listing Agency:
RE/MAX PROPERTY PROS - MINOCQUA
Listed By:
Susan Vehrs · License #42340
(715) 892-0993
Source:
Dreamnorthre
Added: Oct 14
Changed: Oct 15
Last Checked: Oct 16 at 6:21AM
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 PROPERTY PROS - MINOCQUA
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Investment Insights
Based on property information with market context.
This multi-room mixed-use property offers space suited to rental, residential, or showroom use. Planned and completed improvements include new flooring, paint, insulation work where needed, and an additional shower in one bathroom. Further update requests may be discussed with the seller, who is a contractor.
The property is at 728 Elm St in Woodruff, with visibility along Hwy 51 and a central-in-town location.
The property is at 728 Elm St in Woodruff, with visibility along Hwy 51 and a central-in-town location.
Key Highlights
- Multi‑room layout with rental, living, or showroom use potential
- Hwy 51 visibility
- Flooring, paint, insulation work, and a bathroom shower addition are part of the updates
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,946
Cap Rate
4.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$278,920
$278.9K
Cap Rate 7%
$199,229
$199.2K
Cap Rate 9%
$154,956
$155.0K
Market Conditions
NOI Build-Up for 1,892 SF
Gross rent
$24.5K $12.96/SF
− Vacancy
−$2.2K −$1.17/SF
EGI
$22.3K $11.79/SF
− OpEx
−$8.4K −$4.42/SF
NOI
$13.9K $7.37/SF
Area
Oneida County, WI
Vacancy
9.00%
Lease Rate
$12.96 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$278,920
Cap Rate 7%
$199,229
Cap Rate 9%
$154,956
Alternative Uses
Best Use
Mixed Use
$199.2K
$174.3K – $232.4K
NOI $13,946 @ 7.0% cap · market cap 4.30%
Second Best
—
—
no second resolved use
Theoretical Best
Industrial
$885.5K
$774.9K – $1.03M
NOI $61,988 @ 7.0% cap · market cap 19.10%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
467
Businesses Nearby
Explore this area
Business Placement
Demographics for 54568, WI
5,175
Population
3,855
Households
1.3
Avg Household Size
55
Median Age
36%
College-Educated
96%
High-School Grad
71.2 sq mi
ZIP Area
73
Density / Sq Mi
$71,944
Median Household Income
$45,337
Median Earnings
$791
Median Rent
$262,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Interior improvements include flooring, paint, insulation work, and an added shower in one bathroom.
Where is this mixed-use property located?
The property is located at 728 Elm St Woodruff, WI.
What is the asking price?
The asking price for this property is $324,500.
What are key features of this property?
This property features: Multi‑room layout with rental, living, or showroom use potential; Hwy 51 visibility; Flooring, paint, insulation work, and a bathroom shower addition are part of the updates
