Your AI Navigator in Commercial Real Estate
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
    Back to Search
    Property profile & analytics

    6845 Packer Dr Wausau, WI 54401-9321

    • Industrial properties
    • 19.49 lot acres
    OFF-MARKET
    Value Estimations
    $505,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US92-0813350
    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

    • Green Bay Packaging Inc - Wausau Division / Packaging Company / Manufacturer

    Property Details for 6845 Packer Dr

    Lot size
    19.49 lot acres
    Zone code
    M1
    Property type
    Industrial properties
    APN
    291-2907-312-0997
    APU
    29129073120997

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $505,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Wausau
    County
    Marathon
    State
    Wisconsin
    Longitude
    -89.7224
    Latitude
    44.9517
    CBSA code
    48140
    CBSA name
    WAUSAU-WESTON, WI METROPOLITAN 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
    $146,513
    $441,100
    $5,277,400
    $5,718,500
    -
    $528,841
    $6,327,151
    $6,855,992

    Comparable in this City

    • Value Estimation
      $385,000
      5.65 Acres

      555 72nd Ave

      INDUSTRIAL (GENERAL) • 5.65 Acres
      555 72nd Ave, Wausau, WI 54401-8470
      View Details
    • Value Estimation
      $405,000
      21.03 Acres

      200 Central Brg St

      INDUSTRIAL (GENERAL) • 21.03 Acres
      200 Central Brg St, Wausau, WI 54401-2946
      View Details
    • Value Estimation
      $325,000
      4.58 Acres

      2001 County Rd U U

      INDUSTRIAL (GENERAL) • 4.58 Acres
      2001 County Rd U U, Wausau, WI 54401-2441
      View Details
    • Value Estimation
      $365,000
      8.09 Acres

      2901 Sherman St

      INDUSTRIAL (GENERAL) • 8.09 Acres
      2901 Sherman St, Wausau, WI 54401-3852
      View Details
    • Value Estimation
      $60,000
      5.28 Acres

      7120 Stewart Ave

      INDUSTRIAL (GENERAL) • 5.28 Acres
      7120 Stewart Ave, Wausau, WI 54401-8410
      View Details
    • Value Estimation
      $255,000
      0.41 Acres

      136 Thomas St

      INDUSTRIAL (GENERAL) • 0.41 Acres
      136 Thomas St, Wausau, WI 54401
      View Details

    Similar Nearby for Sale

    • $6,780,000
      123,256 SF

      Wausau Industrial Center: Prime Location

      123,256 SF Warehouse, For Sale
      840 62Nd Ave, Wausau, WI 54401
      View Details
    • $2,250,000
      28,899 SF

      Kingdom Storage: Wausau, WI

      High-return climate-controlled storage
      1817 Stewart Ave, Wausau, WI 54401
      View Details
    • $499,900
      12,203 SF

      Wausau Warehouse/Storage Space For Sale

      Versatile warehouse space with loading docks and office area.
      1217 S 3Rd Ave, Wausau, WI 54401
      View Details
    • $3,450,000
      75,975 SF

      New Storage Facility Opportunity

      New storage facility on 9.13 acres near I-39.
      2677 Decator Dr, Wausau, WI 54401
      View Details
    • $1,500,000
      10,854 SF

      Wausau Medical Office Building

      Class A Medical Office, 10,854 SF
      520 28Th Ave, Wausau, WI 54401
      View Details
    • $495,000
      3,584 SF

      Prime Wausau Office Building

      Spacious Office, High Traffic Area, 1.2 Acres
      4105 Dixie Ave, Wausau, WI 54401
      View Details

    Similar Nearby for Lease

    • $14 SF/Yr
      23,951 SF

      Wausau Retail Space - Prime Location

      High-traffic storefront, 3,865 sq ft available.
      4516 Rib Mountain Dr, Wausau, WI 54401
      View Details
    • $17 SF/Yr
      6,400 SF

      Wausau Medical Office Building

      Prime Medical Location, 6,400 SF Available
      402 28Th Ave, Wausau, WI 54401
      View Details
    • Contact for pricing

      Wausau Crossroads Marketplace Land Lease

      Approximately 1 acre available for land lease or build-to-suit.
      S 18Th Ave, Wausau, WI 54401
      View Details
    • $8 SF/Yr
      88,000 SF

      Class A Office Space, Wausau

      88,000 SF Office Building, 12,000 SF Available
      327 17Th Ave, Wausau, WI 54401
      View Details
    • $33 SF/Yr
      1,300 SF

      Wausau Office Space: 1300 sq ft

      Prime Wausau office, single tenant, versatile space.
      224700 Zinnia Dr, Wausau, WI 54401
      View Details
    • $13 SF/Yr
      36,000 SF

      Wausau Office Space: 3 Suites Available

      Class A Office, Hwy 51 Visibility, Immediate Occupancy
      311 Financial Way, Wausau, WI 54401
      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.
    6845 Packer Dr
    Wausau, WI 54401-9321
    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.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.