40' x 64' Hybrid Flex
Wisconsin Rapids, WI 54494 Wisconsin Rapids, WI 54494
New
Wisconsin Rapids, WI, 54494
$185,000
For Sale
$185,000
COMMERCIAL - Wisconsin Rapids, WI
Property Size2,560 SF
Price / SF$72.27
Days on Market6
Property Features
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
Building Details
- Year built
- 2026
Listing agency
NextHome Partners
(715) 424-3000
Listed by
Tim O'Connor · License #80299-94,PersonLicenseNumber
(715) 451-2785
Added: Jul 16 Updated: Jul 20 at 4:00PM Checked: Jul 21 at 6:06PM
MLS# 22602119
Copyright © 2026 NextHome, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This for-sale development offers individually owned hybrid flex buildings sized at 40' x 64' (2,560 sq ft). The buildings feature durable wood-frame construction with premium steel exterior finishes and roofing, along with BIB insulation for year-round comfort and energy efficiency. Interiors are fully lined in steel and include a bathroom, hot and cold water, and a floor drain. Each unit is served by 200-amp electric service.
The site is positioned at a high-visibility corner of 90th Street and Highway 54, located between Wisconsin Rapids and Plover in Central Wisconsin. Construction is planned to begin in summer 2026, with targeted completion in fall 2026.
An HOA will be established to handle common area maintenance, security, grounds care, and snow removal, supporting low day-to-day responsibility for owners. The developer notes commercial zoning intended to support a wide range of uses, and limited units are available in the exclusive phase.
The site is positioned at a high-visibility corner of 90th Street and Highway 54, located between Wisconsin Rapids and Plover in Central Wisconsin. Construction is planned to begin in summer 2026, with targeted completion in fall 2026.
An HOA will be established to handle common area maintenance, security, grounds care, and snow removal, supporting low day-to-day responsibility for owners. The developer notes commercial zoning intended to support a wide range of uses, and limited units are available in the exclusive phase.
Key Highlights
- 40' x 64' (2,560 sq ft) individually owned hybrid buildings planned for Central Wisconsin’s newest premium development.
- Durable wood‑frame construction with premium steel exterior finishes and roofing.
- Each unit includes BIB insulation, 200‑amp electric service, bathroom, hot and cold water, and a floor drain.
Local Financial Insights For Warehouse
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 | $16.8k | $6.56 |
| − Vacancy | −$957 | −$0.37 |
| EGI | $15.8k | $6.19 |
| − OpEx | −$2.4k | −$0.93 |
| NOI | $13.5k | $5.26 |
2,560 SF · lease $6.56/SF/yr · vacancy 5.70% · expense 15.00%
Alternative Uses
Best Use
Flex RnD
$311.4K
$272.5K – $363.3K
NOI $21,797 @ 7.0% cap · market cap 11.78%
Second Best
Warehouse
$192.3K
$168.3K – $224.4K
NOI $13,461 @ 7.0% cap · market cap 7.28%
Theoretical Best
Specialty Retail
$496.6K
$434.6K – $579.4K
NOI $34,765 @ 7.0% cap · market cap 18.79%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Individually owned 40' x 64' hybrid flex buildings with steel-lined interior, 200-amp service, and bathroom plumbing.
Where is this flex space located?
The property is located at Wisconsin Rapids, WI.
What is the asking price?
The asking price for this property is $185,000.
What are key features of this property?
This property features: 40' x 64' (2,560 sq ft) individually owned hybrid buildings planned for Central Wisconsin’s newest premium development.; Durable wood‑frame construction with premium steel exterior finishes and roofing.; Each unit includes BIB insulation, 200‑amp electric service, bathroom, hot and cold water, and a floor drain.
