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    The Largest CRE Database in the US with Over 1 Million Listings

    800 Scott St Wausau, WI 54403

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    For Lease
    $4 SF/Yr ($7,961 /Mo)

    Multiple Units, High Ceilings, Ample Parking

    Lot size:
    19,300 SF

    Property Features for 800 Scott St

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    19,300 SF
    Total Rate
    7961.25

    Spaces For Lease

    at 800 Scott St, Wausau, WI 54403 Contact us
    Unit Available Space 1

    $4 /Mo

    Size
    4,500 SF
    Contact us
    Unit Available Space 2

    $4 /Mo

    Size
    5,300 SF
    Contact us
    Unit Available Space 3

    $4 /Mo

    Size
    3,500 SF
    Contact us
    Unit Available Space 4

    $4 /Mo

    Size
    6,000 SF
    Contact us

    We can help!

    Listing Contact
    T.j. Morice, Sior
    T.j. Morice, Sior

    Listing Agency: NAI Pfefferle - Morice - Wausau Listing Agent: T.j. Morice, Sior

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

    Learn more

    Property Insight Report

    Overview

    This exceptional industrial property, located at 800 Scott St in Wausau, Wisconsin, offers a total of 19,300 square feet of versatile warehouse, flex, and distribution space across multiple units. Situated on a 2.79-acre lot in Marathon County, this property is zoned for medium industrial use and presents a unique opportunity for businesses seeking flexible space. The building boasts a variety of unit sizes, including 3,500, 4,500, 5,300, and 6,000 square foot options, all located on the north side of the structure. A notable feature is the exceptionally high ceiling—reaching over 28 feet in the central area—a legacy from its previous use as the Wausau Daily Herald building. The remaining space offers ceiling heights ranging from 12 to 18+ feet, depending on the specific unit. Ample parking is available on-site, and the building is equipped with a sprinkler system. The property's design allows for the potential addition of more overhead doors, and its robust power supply makes it suitable for a data center with backup power capabilities. This prime location in Wausau offers easy access to transportation networks and a thriving local economy. This is an ideal opportunity for businesses seeking flexible, high-quality industrial space in a desirable Wisconsin location. The zip code is 54403.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Daily Herald Media ... Advertising Agency Frasier's Plumbing, Heating, ... HVAC Service Wausau Daily Herald Publishing House City Pages Inc Publishing House Daily Herald Dock ... Publishing House

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wausau
    County
    Marathon
    State
    Wisconsin
    Longitude
    -89.6189112
    Latitude
    44.9611013

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    FAQs

    What type of property is this?
    Distribution property - Multiple Units, High Ceilings, Ample Parking
    Where is this distribution property located?
    The property is located at 800 Scott St Wausau, WI.
    What is the lease rate?
    The lease rate is $4 SF/Yr.
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    800 Scott St Wausau, WI 54403
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    Wausau, WI 54403
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    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
    800 Scott St Wausau, WI 54403
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    Listing Contact
    T.j. Morice, Sior
    T.j. Morice, Sior
    Real Estate License ID: 8991794
    Learn more
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