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Three-Building Flex Property
For Sale
$2,700,000

N5550 County Rd, Onalaska, WI 54650

Includes showroom, warehouse, office, and garage areas across separate buildings.

Days on Market140

Property Features for N5550 County Rd

General Information

Standard status Active
Property subtype Commercial

Building Details

Building Size 17,640 SF
Year Built 2025
Buildings 3
Listing Agency: Coulee Real Estate & Property Management LLC
Listed By: Tara Campbell · License #90223-94
Source: Therealtycompanyllc
Added: Mar 16 Changed: Jul 31 Last Checked: Aug 1 at 12:38PM

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 Coulee Real Estate & Property Management LLC

Investment Insights

Based on property information with market context.

This three-building flex property was completed in 2025 and includes a mix of showroom, office, warehouse, storage, garage, and bathroom areas. Building 1 features a showroom and office space. Building 2 provides warehouse space with a loading dock, storage, and bathroom. Building 3 includes office and garage space with bathrooms.

The property is located at N5550 County Rd in Onalaska, WI 54650. Each building is separately metered, with a private well, septic system, and holding tank serving the property.

Key Highlights

  • Three commercial buildings completed in 2025
  • Building 1 includes a showroom and office space
  • Building 2 features warehouse space, a loading dock, storage, and bathroom

Financial Insights For Flex RnD

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $338.7k $19.20
− Vacancy −$23.7k −$1.34
EGI $315.0k $17.86
− OpEx −$110.2k −$6.25
NOI $204.7k $11.61
17,640 SF · lease $19.20/SF/yr · vacancy 7.00% · expense 35.00%

Alternative Uses

Best Use
Flex RnD
$2.92M
$2.56M – $3.41M (±1% cap)
NOI $204,737 @ 7.0% cap · market cap 7.58%
Second Best
Office B
$2.65M
$2.32M – $3.10M (±1% cap)
NOI $185,749 @ 7.0% cap · market cap 6.88%
Theoretical Best
Specialty Retail
$3.86M
$3.38M – $4.50M (±1% cap)
NOI $270,051 @ 7.0% cap · market cap 10.00%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Law Firm Parking Lot & Garage Restaurant Grocery & Convenience Store HVAC Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

402
Businesses Nearby
Under-served
Demand for This Use

Demographics for 54650, WI

24,523
Population
11,166
Households
2.2
Avg Household Size
41
Median Age
40%
College-Educated
98%
High-School Grad
30.9 sq mi
ZIP Area
794
Density / Sq Mi
$85,255
Median Household Income
$48,366
Median Earnings
$1,109
Median Rent
$279,100
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Sweet Lou Barbeque — Onalaska, WI 54650

Frequently Asked Questions

What type of property is this?
Flex space - Includes showroom, warehouse, office, and garage areas across separate buildings.
Where is this flex space located?
The property is located at N5550 County Rd Onalaska, WI.
What is the asking price?
The asking price for this property is $2,700,000.
What are key features of this property?
This property features: Three commercial buildings completed in 2025; Building 1 includes a showroom and office space; Building 2 features warehouse space, a loading dock, storage, and bathroom
More about this property
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