Rice Lake, Wisconsin Commercial Real Estate 1 Listing

Rice Lake, Wisconsin: A Premier Destination for Commercial Real Estate

Introduction

Rice Lake, Wisconsin, offers a compelling landscape for commercial real estate (CRE) investment, characterized by its strategic location, diverse economy, and growing infrastructure. With a population of approximately 8,500 residents, Rice Lake serves as a regional hub in Barron County. The city's economy is driven by industries such as manufacturing, healthcare, and retail, making it a vibrant market for various commercial property types. Its unique positioning as a logistic and industrial center further enhances its appeal to CRE professionals.

Economic and Industry Overview

Rice Lake’s economy is anchored by key industries including manufacturing, healthcare, and retail. The presence of manufacturing giants fuels the demand for industrial spaces, while a robust healthcare sector supports the need for medical office buildings. Retail demand is sustained by the city's role as a commercial center for the surrounding rural areas.

Manufacturing: Home to companies like Rice Lake Weighing Systems, the city supports a strong demand for industrial properties.
Healthcare: Facilities such as Marshfield Medical Center drive the need for healthcare-related commercial spaces.
Retail: As a regional shopping destination, Rice Lake sustains a healthy demand for retail properties.

The Barron County Economic Development Corporation actively supports local businesses, providing resources and incentives that drive CRE demand.

Strategic Location and Transportation Infrastructure

Rice Lake’s strategic location is bolstered by its transportation infrastructure, which includes major highways and rail connections.

Highways: U.S. Highway 53 and Wisconsin Highway 48 provide crucial connectivity, facilitating logistics and distribution.
Rail: The Canadian National Railway serves the area, enhancing freight transport capabilities.

These logistical advantages make Rice Lake an attractive location for businesses requiring efficient distribution networks. For more details, visit the Wisconsin Department of Transportation.

Commercial Real Estate Inventory & Zoning

Rice Lake offers diverse submarkets, ranging from its Central Business District (CBD) to industrial corridors and retail hubs.

Asset Classes: The city features a variety of asset classes, including industrial, retail, and office spaces.
Zoning: Recent zoning changes have encouraged mixed-use developments, particularly in the downtown area.

For zoning maps and parcel information, visit the City of Rice Lake Zoning Maps.

Major Employers and Institutions

Rice Lake is home to major employers and institutions, which are key drivers of CRE demand.

Rice Lake Weighing Systems: A leader in the manufacturing sector.
Marshfield Medical Center: A significant healthcare provider.
University of Wisconsin–Eau Claire – Barron County: Contributes to the city's educational and economic landscape.

For a comprehensive list, consult the Rice Lake Business Directory.

Notable Commercial Developments & Projects

The city is witnessing several notable commercial developments:

Mixed-Use Projects: Downtown Rice Lake is seeing an influx of mixed-use development projects.
Opportunity Zones: Certain areas in Rice Lake have been designated as Opportunity Zones, offering tax incentives for investors.

To explore these developments further, visit the Rice Lake Planning Department.

Building Permits, Planning, and Development Tools

For developers and investors, Rice Lake provides a suite of tools and resources:

Market Data & Economic Reports

To understand the economic dynamics of Rice Lake, refer to the following resources:

Brevitas employs AI-powered aggregation from these public data sources to deliver actionable insights. Explore our Brevitas-powered dashboards for Rice Lake here.

Why Use Brevitas for Rice Lake, Wisconsin CRE?

Brevitas offers unparalleled tools for CRE professionals seeking opportunities in Rice Lake:

AI-Driven CRE Discovery: Leverage AI to discover the best properties.
Real-Time Market Alerts: Stay informed with up-to-the-minute market changes.
Smart Property Pages: Benefit from auto-generated, SEO-optimized listings.
Dealroom Collaboration: Enhance collaboration with secure dealrooms.

Our platform also provides email and landing page tools, seamless integration with brokers and developers, and exclusive listings for premium exposure.