Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1909 32nd N St Wisconsin Rapids, WI 54494-3236
    Back to Search
    Property profile & analytics

    1909 32nd N St, Wisconsin Rapids, WI 54494-3236

    View on Map
    • Commercial land
    • 0.94 lot acres
    Off-Market
    Last Sale Nov 29, 2021
    $31,166,600
    Property ID
    US92-3078116
    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.
    Value Estimations
    $33,135,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Mariani Cold Storage / Storage Facility / Warehouse & Storage

    Property Details for 1909 32nd N St

    Lot size
    0.94 lot acres
    Property type
    Commercial land
    APN
    2400124DC
    APU
    2400124DC

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Nov 29, 2021 $31,166,600 Mariani Sousa Prtn 4 LLC Midwest Cold Storage LLC Warranty Deed —
    Apr 16, 2018 — Midwest Cold Storage Rlty — Deed · related $25.1M · Baraboo State Bank
    May 18, 2016 — Midwest Cold Storange Realty LLC — Deed · related $912k · Baraboo National Bank
    Jun 22, 2009 — Midwest Cold Storage Reality LLC Gregory J Mcdonald Quit Claim Deed —
    Jun 22, 2009 $25,000 Greg Mcdonald Haza Mechanical INC Warranty Deed —
    Nov 25, 2008 $25,000 Greg Mcdonald Haza Mechanical INC Land Contract —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $37,070,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Wisconsin Rapids
    County
    Wood
    State
    Wisconsin
    Longitude
    -89.7877
    Latitude
    44.4041
    CBSA code
    49220
    CBSA name
    WISCONSIN RAPIDS-MARSHFIELD, WI MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $272
    $12,900
    $0.00
    $12,900
    -
    $0.00
    $0.00
    $13,200

    Comparable in this City

    • Value Estimation by Request
      1.62 Acres

      Smith St

      VACANT COMMERCIAL LAND
      Smith St, Wisconsin Rapids, WI 54494
      View Details
    • Value Estimation by Request
      0.49 Acres

      Wisconsin Rapids, WI 54494

      VACANT COMMERCIAL LAND
      Wisconsin Rapids, WI 54494
      View Details
    • Value Estimation by Request
      0.80 Acres

      Wisconsin Rapids, WI 54494

      VACANT COMMERCIAL LAND
      Wisconsin Rapids, WI 54494
      View Details
    • Value Estimation by Request
      12.50 Acres

      Wisconsin Rapids, WI 54494

      VACANT COMMERCIAL LAND
      Wisconsin Rapids, WI 54494
      View Details
    • Value Estimation by Request
      1.42 Acres

      Wisconsin Rapids, WI 54494

      VACANT COMMERCIAL LAND
      Wisconsin Rapids, WI 54494
      View Details
    • Value Estimation by Request
      0.51 Acres

      811 3rd S St

      VACANT COMMERCIAL LAND
      811 3rd S St, Wisconsin Rapids, WI 54494
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Commercial Lot on Goodnow Avenue

      0.35 acre commercial lot near 8th Street South.
      851 Goodnow Ave, Wisconsin Rapids, WI 54494
      View Details
    • $64,900
      4.35 Acres

      Commercial Land in Woodland Business Park

      4.35-acre commercial parcel in a thriving business corridor.
      2411 Apple St, Wisconsin Rapids, WI 54494
      View Details
    • Contact for pricing

      Outlots Near Home Depot

      Two outlots for sale with great access and visibility.
      1500 S 24Th St S, Wisconsin Rapids, WI 54494
      View Details
    • Contact for pricing

      Commercial Land in Rapids

      Two commercial lots for sale in Wisconsin Rapids.
      1840/1850 Franklin St, Wisconsin Rapids, WI 54494
      View Details
    • $64,900

      Commercial Land in Woodland Business Park

      4.35-acre commercial parcel in a desirable business park.
      2411 Apple St, Wisconsin Rapids, WI 54494
      View Details
    • Contact for pricing

      High-Exposure Commercial Lot For Sale

      High-visibility commercial lot suitable for office, retail, or service development.
      1820 Baker Dr, Wisconsin Rapids, WI 54494
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      9,980 SF

      Wisconsin Rapids Retail Outlot

      Retail space available in high-traffic Wisconsin Rapids location.
      1381 8Th St South, Wisconsin Rapids, WI 54494
      View Details
    • Contact for pricing
      4,032 SF

      Retail Suites on Main Corridor

      Retail and office suites with excellent exposure and customer base.
      2111-2113 8Th St S, Wisconsin Rapids, WI 54494
      View Details
    • Contact for pricing

      Retail Space Near Walmart

      Commercial property on 1.05 acres with premier visibility.
      930 Kuhn Ave, Wisconsin Rapids, WI 54494
      View Details
    • Contact for pricing
      25,000 SF

      Warehouse Space in Redeveloped Shopko

      Warehouse space available in Wisconsin Rapids redevelopment project.
      1100 E Riverview Expy, Wisconsin Rapids, WI 54494
      View Details
    • Contact for pricing

      Wisconsin Rapids Retail Center Space

      Retail and office spaces available in Wisconsin Rapids, Wisconsin.
      2501 8Th St S, Wisconsin Rapids, WI 54494
      View Details
    • Contact for pricing
      1,177 SF

      Retail/Office Building Near Walmart

      Retail/office space in prime commercial location near Hwy 13.
      930 Kuhn Ave, Wisconsin Rapids, WI 54494
      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.
    1909 32nd N St
    Wisconsin Rapids, WI 54494-3236
    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

    Thank You for Inquiry
    1909 32nd N St, Wisconsin Rapids, WI, 54494
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!