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Multi-Building Flex Property
For Sale
$2,550,000

N5550 County Rd, Onalaska, WI 54650

Three separately metered buildings combine showroom, office, warehouse, loading, and garage functions.

Property Size17,640 SF
Price / SF$144.56
Days on Market86

Property Features for N5550 County Rd

General Information

Standard status Active
Size 17,640 SF

Additional Details

Utilities to Site Yes
Dock-High Doors 1

Building Details

Year Built 2025
Buildings 3
Listing Agency: Coulee Real Estate & Property Management LLC
Listed By: Tara Campbell · License #9022394
Source: Nikolicgroup
Added: Jul 22 Changed: Oct 14 Last Checked: Oct 7 at 4:21PM

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 flex property includes three commercial buildings totaling 17,640 square feet, with construction completed in 2025. The first building combines showroom and office areas. The second provides warehouse space with a loading dock, storage, and a bathroom, while the third includes office and garage areas along with bathrooms.

Each building has separate metering. The property is served by a private well, septic system, and holding tank. The address is N5550 County Rd, Onalaska, WI 54650.

Key Highlights

  • 17,640‑square‑foot flex property completed in 2025
  • Three separate commercial buildings with distinct office, showroom, warehouse, and garage areas
  • Building 2 includes a loading dock, storage, and bathroom

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$204,737
Cap Rate
8.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,094,740 $4.1M
Cap Rate 7%
$2,924,814 $2.9M
Cap Rate 9%
$2,274,856 $2.3M
Market Conditions
NOI Build-Up for 17,640 SF
Gross rent
$338.7K $19.20/SF
− Vacancy
−$23.7K −$1.34/SF
EGI
$315.0K $17.86/SF
− OpEx
−$110.2K −$6.25/SF
NOI
$204.7K $11.61/SF
Area
La Crosse County, WI
Vacancy
7.00%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,094,740
Cap Rate 7%
$2,924,814
Cap Rate 9%
$2,274,856

Alternative Uses

Best Use
Flex RnD
$2.92M
$2.56M – $3.41M (±1% cap)
NOI $204,737 @ 7.0% cap · market cap 8.03%
Second Best
Office B
$2.65M
$2.32M – $3.10M (±1% cap)
NOI $185,749 @ 7.0% cap · market cap 7.28%
Theoretical Best
Specialty Retail
$3.86M
$3.38M – $4.50M (±1% cap)
NOI $270,051 @ 7.0% cap · market cap 10.59%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick HVAC Service Plumbing Service (Bike/Boat/Book/etc) Store Dental Office Kitchen & Bath Showroom Building Supply

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

Lease Details

1
Dock-high doors
Yes
Utilities to site

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
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Similar Off Market Nearby

  • Sweet Lou Barbeque — Onalaska, WI 54650

Frequently Asked Questions

What type of property is this?
Flex space - Three separately metered buildings combine showroom, office, warehouse, loading, and garage functions.
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 $2,550,000.
What are key features of this property?
This property features: 17,640‑square‑foot flex property completed in 2025; Three separate commercial buildings with distinct office, showroom, warehouse, and garage areas; Building 2 includes a loading dock, storage, and bathroom
More about this property
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