100-Unit Self Storage
For Sale
$1,600,000
103 N Main Street, Reeseville, WI 53579
Business/Comm, Reeseville, WI
Property Size14,519 SF
Lot Size2.08 Acres
Price / SF$110.20
Days on Market47
Property Features for 103 N Main Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Lot features
Business district
Directions
From Hwy 19, north on G which turns in to main street once in town. Property on right just after crossing railroad tracks.
Subdivision
REESEVILLE - V
Standard status
Active
APN
177-1014-2834-081
Size
14,519 SF
Lot size
2.08 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
5456
Building Details
Year built
1997
Number of units
6
Roof type
Metal, Composition
Listing Agency:
Real Broker LLC
(855) 450-0442
Listed By:
Candy Lauby · License #7904694
(608) 235-3807
Added: Aug 31
Changed: Oct 16
Last Checked: Oct 16 at 12:06PM
MLS# 2009873
Copyright © 2026 REALTORS® Association of South Central Wisconsin. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This self-storage property includes five buildings with 100 storage units across a 14,519-square-foot commercial operation. The site measures 2.08 acres and also includes 1,100 square feet identified for business or housing rental use. The property is being offered as-is.
Built in 1997, the improvements feature metal and composition roofing. The facility is located at 103 N Main Street in Reeseville, Wisconsin, within Commercial zoning. Current occupancy is reported at 98%, and the lot is described as having room for as many as four additional storage buildings.
Built in 1997, the improvements feature metal and composition roofing. The facility is located at 103 N Main Street in Reeseville, Wisconsin, within Commercial zoning. Current occupancy is reported at 98%, and the lot is described as having room for as many as four additional storage buildings.
Key Highlights
- 100 storage units across five buildings
- 14,519 square feet on 2.08 acres
- 1,100 square feet for business or housing rental use
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$112,203
Cap Rate
7.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,244,060
$2.2M
Cap Rate 7%
$1,602,900
$1.6M
Cap Rate 9%
$1,246,700
$1.2M
Market Conditions
NOI Build-Up for 14,519 SF
Gross rent
$174.2K $12.00/SF
− Vacancy
−$13.9K −$0.96/SF
EGI
$160.3K $11.04/SF
− OpEx
−$48.1K −$3.31/SF
NOI
$112.2K $7.73/SF
Area
Dodge County, WI
Vacancy
8.00%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,244,060
Cap Rate 7%
$1,602,900
Cap Rate 9%
$1,246,700
Alternative Uses
Best Use
Self Storage
$1.60M
$1.40M – $1.87M
NOI $112,203 @ 7.0% cap · market cap 7.01%
Second Best
Warehouse
$1.50M
$1.31M – $1.75M
NOI $104,739 @ 7.0% cap · market cap 6.55%
Theoretical Best
Office A
$3.15M
$2.76M – $3.68M
NOI $220,782 @ 7.0% cap · market cap 13.80%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
98%
Occupancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
56
Businesses Nearby
Explore this area
Business Placement
Demographics for 53579, WI
1,799
Population
719
Households
2.5
Avg Household Size
45
Median Age
19%
College-Educated
89%
High-School Grad
39.9 sq mi
ZIP Area
45
Density / Sq Mi
$75,048
Median Household Income
$47,167
Median Earnings
$919
Median Rent
$228,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Self storage facility - Five-building storage property with additional space suited for business or housing rental use.
Where is this self storage facility located?
The property is located at 103 N Main Street Reeseville, WI.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: 100 storage units across five buildings; 14,519 square feet on 2.08 acres; 1,100 square feet for business or housing rental use
