Flex Space with Open
For Sale
$1,200,000
1125 E Cranston, Beloit, WI 53511
Versatile commercial building with offices, kitchen, storage, garage access, and on-site parking.
Property Size7,880 SF
Price / SF$152.28
Days on Market448
Property Features for 1125 E Cranston
General Information
Standard status
Active
Size
7,880 SF
Property subtype
Commercial
Building Details
Year Built
1962
Listing Agency:
EXIT Professional Real Estate
Listed By:
Mitchell Covert · License #9899494
(608) 214-2522
Source:
Viewhomesinwisconsin
Added: Jul 26, 2025
Changed: Oct 1
Last Checked: Oct 14 at 11:46PM
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 EXIT Professional Real Estate
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Investment Insights
Based on property information with market context.
Located at 1125 E Cranston in Beloit, this 7,880-square-foot flex property was built in 1962. The interior combines expansive open areas with private offices and a full kitchen, supporting a range of commercial configurations. Storage occupies the lower two levels, with loading and access provided by two oversized garage doors.
The property includes approximately 700 feet of frontage along Cranston Road and a spacious parking lot. Its combination of open floor area, office space, storage, kitchen facilities, garage access, and parking provides a practical setting for retail, office, service, or mixed-use operations as described for the property.
The property includes approximately 700 feet of frontage along Cranston Road and a spacious parking lot. Its combination of open floor area, office space, storage, kitchen facilities, garage access, and parking provides a practical setting for retail, office, service, or mixed-use operations as described for the property.
Key Highlights
- 7,880‑square‑foot flex property in Beloit, WI
- Approximately 700 feet of frontage on Cranston Road
- Open interior areas with private offices and a full kitchen
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$92,934
Cap Rate
7.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,858,680
$1.9M
Cap Rate 7%
$1,327,629
$1.3M
Cap Rate 9%
$1,032,600
$1.0M
Market Conditions
NOI Build-Up for 7,880 SF
Gross rent
$151.3K $19.20/SF
− Vacancy
−$8.3K −$1.06/SF
EGI
$143.0K $18.14/SF
− OpEx
−$50.0K −$6.35/SF
NOI
$92.9K $11.79/SF
Area
Rock County, WI
Vacancy
5.50%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,858,680
Cap Rate 7%
$1,327,629
Cap Rate 9%
$1,032,600
Alternative Uses
Best Use
Flex RnD
$1.33M
$1.16M – $1.55M
NOI $92,934 @ 7.0% cap · market cap 7.74%
Second Best
Industrial
$313.1K
$274.0K – $365.3K
NOI $21,920 @ 7.0% cap · market cap 1.83%
Theoretical Best
Office A
$1.89M
$1.66M – $2.21M
NOI $132,554 @ 7.0% cap · market cap 11.05%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
198
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 53511, WI
48,659
Population
19,372
Households
2.5
Avg Household Size
38
Median Age
19%
College-Educated
89%
High-School Grad
114.9 sq mi
ZIP Area
423
Density / Sq Mi
$65,305
Median Household Income
$39,344
Median Earnings
$995
Median Rent
$160,000
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?
Flex space - Versatile commercial building with offices, kitchen, storage, garage access, and on-site parking.
Where is this flex space located?
The property is located at 1125 E Cranston Beloit, WI.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 7,880‑square‑foot flex property in Beloit, WI; Approximately 700 feet of frontage on Cranston Road; Open interior areas with private offices and a full kitchen
