Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Property profile & analytics

    913 Central Ave Marshfield, WI 54449

    • Commercial real estate
    • 983 SF
    For Lease
    View listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US92-2111051
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 913 Central Ave

    Property size
    983 SF
    Property type
    Commercial real estate

    Description

    This exceptional retail property, located at 913 N Central Ave in Marshfield, Wisconsin, offers 983 square feet of versatile commercial space currently available for lease. Situated in Wood County, this property boasts a prime location with high visibility and excellent access for customers. The entire building is vacant, presenting a unique opportunity for a single tenant to establish a strong presence in a thriving community. The property is classified as retail and is suitable for a variety of commercial uses. The address is easily accessible and benefits from ample parking, ensuring convenient access for both customers and employees. With its generous square footage and strategic location, this property represents a compelling investment opportunity for businesses seeking to establish or expand their operations in Marshfield. The property's size makes it ideal for a range of retail concepts, from boutiques and specialty stores to service-based businesses. The building's condition and layout are ready for immediate occupancy, minimizing upfront investment and allowing for a quick start to operations. Interested parties are encouraged to inquire promptly to secure this exceptional retail space. The zip code for this property is 54449. The property is in Wisconsin, Wood County.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Marshfield
    County
    Wood county
    State
    Wisconsin
    Longitude
    -90.1668185
    Latitude
    44.6757555

    Comparable in this City

    • $12 SF/Yr
      23,991 SF

      Founders Square Medical Office Space

      Marshfield, WI medical office suites available.
      146 Central Ave, Marshfield, WI 54449
      View Details
    • $15 SF/Yr
      12,314 SF

      Marshfield Business Center Opportunity

      Modern Office Suites Available in Marshfield, WI
      603 Central Ave, Marshfield, WI 54449
      View Details
    • Contact for pricing
      983 SF

      Retail Space Available For Rent

      Retail space available for rent, build-out is negotiable.
      911-915 N Central Ave, Marshfield, WI 54449
      View Details
    • New
      $1,500 /Mo
      902 SF

      Downtown Marshfield Office Space Available

      Office spaces in downtown Marshfield, WI, designed for business growth.
      211 S Central Ave, Marshfield, WI 54449
      View Details
    • New
      $700 /Mo
      155 SF

      Downtown Marshfield Office Space Available

      Thoughtfully designed office environment in downtown Marshfield.
      211 S Central Ave, Marshfield, WI 54449
      View Details
    • New
      $450 /Mo
      121 SF

      Downtown Marshfield Office Space Available

      Office spaces in downtown Marshfield, ideal for entrepreneurs and small teams.
      211 S Central Ave, Marshfield, WI 54449
      View Details

    Similar Nearby for Sale

    • $209,500
      3,984 SF

      Prime Marshfield Warehouse Trio

      Three-unit warehouse, high visibility, strong rental income.
      1301-1305 Central Ave, Marshfield, WI 54449
      View Details
    • $194,900
      1,727 SF

      Commercial Building in Marshfield, WI

      Commercial building suitable for office, retail, or investment purposes.
      507 S Chestnut Ave, Marshfield, WI 54449
      View Details
    • $324,900
      2,108 SF

      Marshfield Commercial Gem

      Historic Building, Endless Potential
      112 Veterans Pkwy, Marshfield, WI 54449
      View Details
    • $399,000
      2,603 SF

      Marshfield Commercial Property

      Versatile 2,603 sq ft building, prime location.
      113 6Th St, Marshfield, WI 54449
      View Details
    • $299,900
      5,915 SF

      Marshfield Income Property For Sale

      Mixed-use building with retail space and multiple apartments in Marshfield.
      126 S Central Ave, Marshfield, WI 54449
      View Details
    • $3,350,000
      22,101 SF

      Marshfield, WI Bank Investment

      Prime NNN-leased office building. High ROI.
      101 4Th St, Marshfield, WI 54449
      View Details

    Similar Nearby for Lease

    • $12 SF/Yr
      23,991 SF

      Founders Square Medical Office Space

      Marshfield, WI medical office suites available.
      146 Central Ave, Marshfield, WI 54449
      View Details
    • $15 SF/Yr
      12,314 SF

      Marshfield Business Center Opportunity

      Modern Office Suites Available in Marshfield, WI
      603 Central Ave, Marshfield, WI 54449
      View Details
    • Contact for pricing
      983 SF

      Retail Space Available For Rent

      Retail space available for rent, build-out is negotiable.
      911-915 N Central Ave, Marshfield, WI 54449
      View Details
    • New
      $1,500 /Mo
      902 SF

      Downtown Marshfield Office Space Available

      Office spaces in downtown Marshfield, WI, designed for business growth.
      211 S Central Ave, Marshfield, WI 54449
      View Details
    • New
      $700 /Mo
      155 SF

      Downtown Marshfield Office Space Available

      Thoughtfully designed office environment in downtown Marshfield.
      211 S Central Ave, Marshfield, WI 54449
      View Details
    • New
      $450 /Mo
      121 SF

      Downtown Marshfield Office Space Available

      Office spaces in downtown Marshfield, ideal for entrepreneurs and small teams.
      211 S Central Ave, Marshfield, WI 54449
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    913 Central Ave
    Marshfield, WI 54449
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.