Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Spring Rd Rhinelander, WI 54501

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Spring Rd Rhinelander, WI 54501

    View on Map
    • Commercial real estate
    • 0.26 lot acres
    For Sale
    $116,900
    View Listing →
    Rhinelander Commercial Lot - Prime Location For Sale
    $116,900

    Rhinelander Commercial Lot - Prime Location

    High-growth area, near Walmart & Kwik Trip.

    Woodboro, WI 54501
    View Listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for Spring Rd

    Lot size
    0.26 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 0.26-acre commercial lot presents a remarkable investment opportunity in Rhinelander, Wisconsin. Strategically located in a burgeoning commercial zone, this property enjoys unparalleled visibility and accessibility. Its prime location places it in close proximity to major retail anchors such as Walmart and Kwik Trip, ensuring high traffic flow and significant exposure for any business. The lot is zoned for general commercial use, providing flexibility for a wide range of business ventures. Essential utilities, including electricity and gas, are readily available at the roadside, simplifying the development process. Furthermore, its convenient proximity to Aspirus Hospital adds to its appeal, offering potential synergies for healthcare-related businesses or those catering to hospital staff and visitors. An adjoining parcel is also available for purchase, presenting an opportunity to expand your footprint or consolidate ownership. This property offers a unique blend of location, utility, and zoning flexibility, making it an ideal platform for establishing a thriving business in a dynamic and growing community. Don't miss this chance to secure a prime piece of Rhinelander's commercial real estate landscape. The asking price is $116,900.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Rhinelander
    County
    ONEIDA
    State
    Wisconsin
    Longitude
    -89.3795
    Latitude
    45.6368

    Comparable in this City

    • Value Estimation by Request
      1.70 Acres

      4 Taylor Dr

      Land • 1.70 Acres
      4 Taylor Dr, Rhinelander, WI 54501
      View Details
    • Value Estimation by Request

      On Hwy 8

      Land
      0 On Hwy 8, Rhinelander, WI 54501
      View Details
    • Value Estimation by Request
      3,150 SF

      1874 Stevens St

      Commercial real estate • 3,150 SF
      1874 Stevens St, Rhinelander, WI 54501
      View Details
    • Value Estimation by Request

      Rhinelander, WI 54501

      COMMERCIAL (GENERAL)
      Rhinelander, WI 54501
      View Details
    • Value Estimation by Request
      6.73 Acres

      Rhinelander, WI 54501

      COMMERCIAL (GENERAL) • 6.73 Acres
      Rhinelander, WI 54501
      View Details
    • Value Estimation by Request
      1.27 Acres

      Rhinelander, WI 54501

      COMMERCIAL (GENERAL) • 1.27 Acres
      Rhinelander, WI 54501
      View Details

    Similar Nearby for Sale

    • $116,900
      0.26 Acres

      Rhinelander Commercial Lot - Prime Location

      High-growth area, near Walmart & Kwik Trip.
      Spring Rd, Rhinelander, WI 54501
      View Details
    • $139,900
      0.40 Acres

      Rhinelander Commercial Lot - Prime Location

      High-growth area, near major retailers.
      3603 Spring Rd, Rhinelander, WI 54501
      View Details
    • $325,000
      3,150 SF

      Rhinelander Auto Repair Facility

      Established Business, Turn-Key Opportunity
      1874 Stevens St, Rhinelander, WI 54501
      View Details
    • $597,000
      10.00 Acres

      Rhinelander Commercial Land - 10 Acres

      Prime 10-acre development site, R-3 zoned.
      Cherokee Ln, Rhinelander, WI 54501
      View Details
    • $499,000
      8,500 SF

      Rhinelander Retail Investment Opportunity

      High-traffic retail building, two units, great potential.
      535 Lincoln St, Rhinelander, WI 54501
      View Details
    • $549,000
      3,575 SF

      Backwaters Bar & Grill: Turnkey Opportunity

      Established Rhinelander Restaurant with Water Frontage
      4920 State Hwy, Rhinelander, WI 54501
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space with High Visibility

      2,151 SF retail space co-tenanted by Starbucks.
      297 Eisenhower Pkwy, Rhinelander, WI 54501
      View Details
    • Contact for pricing

      Retail Space Available for Lease

      Retail property available for lease.
      297 Eisenhower Pkwy, Rhinelander, WI 54501
      View Details
    • Contact for pricing
      4,917 SF

      Retail Space with High Visibility

      2,151 SF retail space co-tenanted by Starbucks in Rhinelander.
      297 Eisenhower Pkwy, Rhinelander, WI 54501
      View Details
    • Contact for pricing
      1,600 SF

      Retail Space in Lincoln Plaza

      Retail space available in Rhinelander's dominant shopping center.
      2183 Lincoln St, Rhinelander, WI 54501
      View Details
    View Listing
    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.
    Spring Rd
    Rhinelander, WI 54501
    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.
    Sign Up Successful!
    You now have access to more from Realmo!