Dry Storage
B-607 W Kemp St, Rhinelander, WI 54501
For Sale
New
Contact for pricing
A 5,000-square-foot warehouse is available with a three-year lease term.
Property Size5,000 SF
Price / SF$0.44
Days on Market5
Property Features for B-607 W Kemp St
General Information
Standard status
Size
Additional Details
Highway Access
Taxes and HOA fees
Annual Taxes
Building Details
Tenancy
Listing Agency:
LAKELAND REALTY
(715) 358-5263
Listed By:
CECILY DAWSON · License #94-81034
(920) 366-0088
Source:
Exprealty
Added: Nov 2
Changed: Nov 4
Last Checked: Nov 6 at 11:39AM
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 LAKELAND REALTY
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 5,000-square-foot warehouse offers dry storage space. The owner is seeking a three-year lease, and outside parking may be negotiated separately. Two additional units are also available for rent.
The property is just west of Rhinelander, with access to Highway 8.
The property is just west of Rhinelander, with access to Highway 8.
Key Highlights
- 5,000 square feet of dry storage warehouse space
- Owner is seeking a three‑year lease
- Outside parking is negotiable
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,217
Suggested Prices Based on Cap Rates
Cap Rate 5%
$364,340
$364.3K
Cap Rate 7%
$260,243
$260.2K
Cap Rate 9%
$202,411
$202.4K
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$22.8K $4.56/SF
− Vacancy
−$1.4K −$0.27/SF
EGI
$21.4K $4.29/SF
− OpEx
−$3.2K −$0.64/SF
NOI
$18.2K $3.64/SF
Area
Oneida County, WI
Vacancy
6.00%
Lease Rate
$4.56 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$364,340
Cap Rate 7%
$260,243
Cap Rate 9%
$202,411
Alternative Uses
Best Use
Warehouse
$260.2K
$227.7K – $303.6K
NOI $18,217 @ 7.0% cap · market cap 828.05%
Second Best
—
—
no second resolved use
Theoretical Best
Industrial
$2.34M
$2.05M – $2.73M
NOI $163,816 @ 7.0% cap · market cap 7,446.18%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
767
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 54501, WI
20,591
Population
12,754
Households
1.6
Avg Household Size
48
Median Age
26%
College-Educated
96%
High-School Grad
366.3 sq mi
ZIP Area
56
Density / Sq Mi
$68,602
Median Household Income
$37,578
Median Earnings
$831
Median Rent
$194,900
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Similar Off Market Nearby
- Kemp Street Mini Storage — 319 Marshall St, Rhinelander, WI 54501
- All Season Storage — Lincoln St & Coolidge Ave, Rhinelander, WI 54501
- Palm Electric & Supply — 322 Lynette Terrace, Rhinelander, WI 54501
Frequently Asked Questions
What type of property is this?
Warehouse - A 5,000-square-foot warehouse is available with a three-year lease term.
Where is this warehouse located?
The property is located at B-607 W Kemp St Rhinelander, WI.
What are key features of this property?
This property features: 5,000 square feet of dry storage warehouse space; Owner is seeking a three‑year lease; Outside parking is negotiable
