Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Decator Dr Wausau, WI 54401

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Prime 9.2-acre commercial lot, ready to build

    Property size:
    75,975 SF

    Property Features for 0 Decator Dr

    General Information

    Property type
    Land
    Square Feet
    75,975 SF
    Lot Size
    400,752 SF

    Building Details

    Stories
    1

    We can help!

    Listing Contact
    JOLETA WESBROCK
    JOLETA WESBROCK

    Listing Agency: Coldwell Banker Action Realty Listing Agent: JOLETA WESBROCK

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional 9.2-acre commercial property in Wausau, Wisconsin, presents a unique investment opportunity. Priced at $3,500,000, this 75,975 square foot lot is ideally situated on the corner of SW Decator Drive and Merrill Avenue, offering high visibility and convenient access to I-39. Approved plans for a mini-storage facility are in place, including 11 units and a 100x140 foot expansion area. Extensive groundwork has already been completed, encompassing wetland delineation, a DNR-approved stormwater management report, a concept plan map, current engineering services, and projected unit pricing and mix. Permits have been approved by the Village with minor contingencies. Two existing billboard signs with current leases are included in the sale. This turnkey opportunity allows for immediate development, eliminating significant pre-construction hurdles. Detailed plans and a concept map are available for review. Don't miss this chance to own a thriving storage facility in a high-demand location.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Wausau
    County
    Marathon
    State
    Wisconsin
    Longitude
    -89.6843667
    Latitude
    45.0026422

    Nearby Similar for Sale

    • $674,900
      6,760 SF

      Wausau Office Building For Sale

      Professional office building on Grand Avenue with high traffic volume.
      1818 Grand Ave, Wausau, WI 54403
      View Details
    • $267,000
      Pending

      Wausau Bar and Restaurant Opportunity

      Established bar and restaurant with real estate in Wausau, Wisconsin.
      5512 Stewart Ave, Wausau, WI 54401
      View Details
    • $299,000
      4,433 SF

      Wausau Commercial Property For Sale

      Former supper club ready for renovation in Wausau, Wisconsin.
      3901 N 6Th St, Wausau, WI 54403
      View Details
    • $649,900
      2,486 SF

      Wausau Retail Building For Sale

      Well-maintained retail building with I-39 frontage in Rib Mountain.
      226126 Hummingbird Rd, Wausau, WI 54401
      View Details
    • $499,900
      12,203 SF

      Wausau Warehouse/Storage Space For Sale

      Versatile warehouse space with loading docks and office area.
      1217 S 3Rd Ave, Wausau, WI 54401
      View Details
    • $3,450,000
      75,975 SF

      New Storage Facility Opportunity

      New storage facility on 9.13 acres near I-39.
      2677 Decator Dr, Wausau, WI 54401
      View Details
    • $498,000
      5,436 SF

      Historic Retail and Rental Property

      Historic retail and rental property in downtown Wausau.
      620 N 3Rd St, Wausau, WI 54403
      View Details
    • $429,900

      Wausau Duplex in Rib Mountain

      Side-by-side duplex in the Village of Rib Mountain.
      224635-224637 Country Ln, Wausau, WI 54401
      View Details
    • $565,000
      6,800 SF

      Former CBRF Ideal for Redevelopment

      Former Community-Based Residential Facility (CBRF) with redevelopment potential in Wausau.
      5601 Sherman St, Wausau, WI 54401
      View Details
    • New
      $179,900
      Pending

      Wausau Townhome Style Triplex

      Two-story triplex with owner occupancy opportunity in Wausau, Wisconsin.
      517 Garfield Ave, Wausau, WI 54401
      View Details
    • $749,900
      4,860 SF

      Historic Wausau Landmark For Sale

      Established in 1880, renovated commercial property near riverfront redevelopment.
      1203 3Rd St, Wausau, WI 54403
      View Details
    • $144,900

      Wausau Duplex with Recent Roof

      East Side Wausau duplex near downtown with spacious units.
      922 Washington St, Wausau, WI 54403
      View Details

    FAQs

    What type of property is this?
    Land - Prime 9.2-acre commercial lot, ready to build
    Where is this land located?
    The property is located at Decator Dr Wausau, WI.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: 9.2-acre commercial lot in Wausau, WI, priced at $3,500,000.; 75,975 square foot lot at SW Decator Drive & Merrill Avenue, with I-39 access.; Approved plans for an 11-unit mini-storage facility with a 100x140 foot expansion area.
    (715) 574-2404 Call to check price and availability
    Request Owner's contact information
    Decator Dr Wausau, WI 54401
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Decator Dr
    Wausau, WI 54401
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Decator Dr Wausau, WI 54401
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing JOLETA WESBROCK
    JOLETA WESBROCK
    Real Estate License ID: 58263-94
    (715) 574-2404 (715) 359-0521
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!