Office Units with Private
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1015 S Spring Street, Beaver Dam, WI 53916
A conference room and separate offices support professional-service use.
Property Size8,000 SF
Price / SF$3.30
Days on Market268
Property Features for 1015 S Spring Street
General Information
Standard status
Active
Size
8,000 SF
Property subtype
Commercial
Zoning
COM
Additional Details
Highway Access
Yes
Property Use
Office
Amenities
conference room
private offices
Building Details
Building Size
8,000 SF
Year Built
2000
Units
3
Listing Agency:
Inspire Real Estate Solutions, LLC
(920) 382-0343
Listed By:
Michelle Delatorre · License #6055790
(920) 210-0424
Source:
Geigerrealtors
Added: Feb 9
Changed: Oct 29
Last Checked: Nov 3 at 7:13AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Inspire Real Estate Solutions, LLC
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Investment Insights
Based on property information with market context.
The office space includes a conference room and private offices, with professional services identified as a potential use. The building dates to 2000 and carries COM zoning.
At 1015 S Spring Street in Beaver Dam, the property is situated off Highway 151 near a middle school development. The described office area measures 2,428 square feet.
At 1015 S Spring Street in Beaver Dam, the property is situated off Highway 151 near a middle school development. The described office area measures 2,428 square feet.
Key Highlights
- 2,428 square feet of office space
- Conference room and private offices
- COM zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$92,880
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,857,600
$1.9M
Cap Rate 7%
$1,326,857
$1.3M
Cap Rate 9%
$1,032,000
$1.0M
Market Conditions
NOI Build-Up for 8,000 SF
Gross rent
$144.0K $18.00/SF
− Vacancy
−$20.2K −$2.52/SF
EGI
$123.8K $15.48/SF
− OpEx
−$31.0K −$3.87/SF
NOI
$92.9K $11.61/SF
Area
Dodge County, WI
Vacancy
14.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,857,600
Cap Rate 7%
$1,326,857
Cap Rate 9%
$1,032,000
Alternative Uses
Best Use
Office B
$1.33M
$1.16M – $1.55M
NOI $92,880 @ 7.0% cap · market cap 351.82%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.74M
$1.52M – $2.03M
NOI $121,651 @ 7.0% cap · market cap 460.80%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
335
Businesses Nearby
Explore this area
Business Placement
Demographics for 53916, WI
23,057
Population
11,001
Households
2.1
Avg Household Size
42
Median Age
27%
College-Educated
94%
High-School Grad
103.6 sq mi
ZIP Area
223
Density / Sq Mi
$72,704
Median Household Income
$48,218
Median Earnings
$932
Median Rent
$212,200
Median Home Value
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office unit - A conference room and separate offices support professional-service use.
Where is this office unit located?
The property is located at 1015 S Spring Street Beaver Dam, WI.
What are key features of this property?
This property features: 2,428 square feet of office space; Conference room and private offices; COM zoning
