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    227308 Shrike Ave Wausau, WI 54401

    Sponsored
    For Lease
    $5 SF/Yr

    Prime Wausau location, build-to-suit options available.

    Lot size:
    5,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional commercial land parcel in Wausau, Wisconsin (APN 168-2807-033-0976), offers a unique opportunity for businesses seeking a high-visibility location. Situated at 227308 Shrike Ave, Wausau, WI 54401, this property boasts unparalleled access to I-39, with less than 20 seconds to the interchange. Daily traffic counts on Rib Mountain Drive exceed 55,000 vehicles, ensuring significant exposure for your business. The site is ideally positioned in Rib Mountain, a popular destination for both skiing and summer recreation. This prime location is further enhanced by the planned construction of two to three additional hotels within a quarter-mile radius. The property is available for purchase or a build-to-suit arrangement, accommodating structures ranging from 1,000 to 5,000 square feet. Land lease options are also available for consideration. While sign ownership remains with the seller, usage rights can be negotiated. Serious inquiries are encouraged, focusing on mutually beneficial proposals with appropriate guarantees and security. This is an exceptional opportunity to establish a thriving business in a high-traffic, high-demand area.

    Property Features for 227308 Shrike Ave

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,000 SF

    Unit(s) available at that property

    Space
    Size
    5,000 SF
    Rate per SF
    $35

    HighLights

    • High‑visibility commercial land parcel in Wausau, WI (APN 168‑2807‑033‑0976) at 227308 Shrike Ave.
    • Exceptional I‑39 access (under 20 seconds to interchange); over 55,000 vehicles daily on Rib Mountain Drive.
    • Prime Rib Mountain location, near skiing and summer recreation; new hotel construction planned nearby.
    • Build‑to‑suit options (1,000‑5,000 sq ft) available; land lease options also considered.
    • Sign usage rights negotiable.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Wausau
    County
    Marathon
    State
    Wisconsin
    Longitude
    -89.667105956519
    Latitude
    44.931447955701

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    Nearby Similar for Lease

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    FAQs

    What type of property is this?
    Land - Prime Wausau location, build-to-suit options available.
    Where is this land located?
    The property is located at 227308 Shrike Ave Wausau, WI.
    What is the lease rate?
    The lease rate is $35 SF/Yr.
    What are key features of this property?
    This property features: High-visibility commercial land parcel in Wausau, WI (APN 168-2807-033-0976) at 227308 Shrike Ave.; Exceptional I-39 access (under 20 seconds to interchange); over 55,000 vehicles daily on Rib Mountain Drive.; Prime Rib Mountain location, near skiing and summer recreation; new hotel construction planned nearby.
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    Realmo Value Estimation

    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.

    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.

    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
    227308 Shrike Ave Wausau, WI 54401
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