Industrial Facility with Cold
For Sale
Contact for pricing
80 Oliver Street, Wisconsin Rapids, WI 54494
Industrial facility in Wisconsin Rapids with cold storage capabilities.
Property Size18,690 SF
Lot Size1.52 Acres
Price / SF$69.29
Days on Market185
Property Features for 80 Oliver Street
General Information
Standard status
Active
Size
18,690 SF
Lot size
1.52 Acres
Property subtype
Industrial
Listing Agency:
NAI Pfefferle
Listed By:
T.J. Morice, SIOR · License #WI 89917-94
Source:
Crexi
Added: Feb 9
Changed: Aug 12
Last Checked: Aug 12 at 9:57AM
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 NAI Pfefferle
Investment Insights
Based on property information with market context.
This large industrial facility offers up to 18,690 square feet of leasable space on a 1.52-acre site. The property features clear heights ranging from 12 to 19 feet and includes two overhead doors for loading access. It is equipped with cold storage capabilities and provides a heated warehouse or shop space environment. Located in Wisconsin Rapids, the property benefits from its position within a strong Central Wisconsin industrial market, offering convenient access to regional transportation routes serving Stevens Point, Wausau, and the Fox Valley area. Wisconsin Rapids provides a business-friendly environment with a solid labor base and a history of manufacturing, warehousing, and distribution users. The site's location allows for efficient in-town access while also providing regional reach, making it suitable for companies seeking a Central Wisconsin presence with lower operating costs compared to larger metro markets. The property is well-suited for a variety of industrial, storage, or distribution uses.
Key Highlights
- 8.19% Cap Rate
- Up to 18,690 SF available for lease on a 1.52‑acre site
- Convenient access to regional transportation routes serving Stevens Point, Wausau, and the Fox Valley area
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
$98,275
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
7.59%
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%
$1,965,500
$2.0M
Cap Rate 7%
$1,403,929
$1.4M
Cap Rate 9%
$1,091,944
$1.1M
Market Conditions
NOI Build-Up for 18,690 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
$122.6K $6.56/SF
− Vacancy
−$7.0K −$0.37/SF
EGI
$115.6K $6.19/SF
− OpEx
−$17.3K −$0.93/SF
NOI
$98.3K $5.26/SF
Area
Wood County, WI
Vacancy
5.70%
Lease Rate
$6.56 /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%
$1,965,500
Cap Rate 7%
$1,403,929
Cap Rate 9%
$1,091,944
Alternative Uses
Best Use
Warehouse
$1.40M
$1.23M – $1.64M
NOI $98,275 @ 7.0% cap · market cap 7.59%
Second Best
Industrial
$1.16M
$1.01M – $1.35M
NOI $80,932 @ 7.0% cap · market cap 6.25%
Theoretical Best
Specialty Retail
$3.63M
$3.17M – $4.23M
NOI $253,812 @ 7.0% cap · market cap 19.60%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
255
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 54494, WI
27,420
Population
13,110
Households
2.1
Avg Household Size
47
Median Age
23%
College-Educated
95%
High-School Grad
125.3 sq mi
ZIP Area
219
Density / Sq Mi
$71,087
Median Household Income
$43,800
Median Earnings
$954
Median Rent
$170,800
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Warehouse - Industrial facility in Wisconsin Rapids with cold storage capabilities.
Where is this warehouse located?
The property is located at 80 Oliver Street Wisconsin Rapids, WI.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: 8.19% Cap Rate; Up to 18,690 SF available for lease on a 1.52‑acre site; Convenient access to regional transportation routes serving Stevens Point, Wausau, and the Fox Valley area
