Flex and Office Warehouse
1125 E Cranston Road Beloit, WI 53511
For Sale
$1,250,000
COMMERCIAL - Beloit, WI
Property Size7,880 SF
Lot Size3.09 Acres
Price / SF$158.63
Days on Market185
Property Features for 1125 E Cranston Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Com
- Security features
- Security Lighting, Security System
- Interior features
- Overhead doors, Truck dr(s) 15ft or lower, Freight elevator, Private Restrooms, Shared conference room, Reception area, Security system, Inside storage, Security lighting, Private office(s)
- Accessibility
- Accessible Elevator Installed
- Standard status
- Active
- APN
- 004 024008
- Size
- 7,880 SF
- Lot size
- 3.09 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 16507
Building Details
- Year built
- 1962
- Number of units
- 1
- Additional Structures
- Storage
Listing Agency:
EXIT Professional Real Estate
(608) 426-7111
Listed By:
Mitchell Covert · License #98994-94
(608) 214-2522
Added: Jan 20
Changed: Jul 23
Last Checked: Jul 24 at 12:06AM
MLS# 2007631
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.
Investment Insights
Based on property information with market context.
This multi-level flex and warehouse facility includes private offices, large open areas, and a full kitchen. The lower two levels are designed for storage, and the building provides convenient access through two oversized garage doors.
The property sits off E Cranston Road and offers approximately 700 feet of street frontage, supported by a spacious parking lot for tenant and customer use.
With its combination of office space and warehouse-style storage accessed by drive-through doors, the facility is well-suited to a range of commercial operations that need both work space and interior storage.
The property sits off E Cranston Road and offers approximately 700 feet of street frontage, supported by a spacious parking lot for tenant and customer use.
With its combination of office space and warehouse-style storage accessed by drive-through doors, the facility is well-suited to a range of commercial operations that need both work space and interior storage.
Key Highlights
- Over 7,800 sq. ft. of versatile commercial space built in 1962
- Approximately 700 ft of street frontage on busy Cranston Road in Beloit, WI
- Freight elevator plus accessible elevator installed for added interior access
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $174.9k | $22.20 |
| − Vacancy | −$36.7k | −$4.66 |
| EGI | $138.2k | $17.54 |
| − OpEx | −$34.5k | −$4.38 |
| NOI | $103.6k | $13.15 |
7,880 SF · lease $22.20/SF/yr · vacancy 21.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.48M
$1.30M – $1.73M
NOI $103,650 @ 7.0% cap · market cap 8.29%
Second Best
Flex RnD
$1.33M
$1.16M – $1.55M
NOI $92,934 @ 7.0% cap · market cap 7.43%
Theoretical Best
Office A
$1.89M
$1.66M – $2.21M
NOI $132,554 @ 7.0% cap · market cap 10.60%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Rosman Uehling Kinzer ...
Social Service Agency
First Wisconsin Cremation
Cremation Service
FAQs
What type of property is this?
Flex space - Multi-level flex and office building with private offices, a full kitchen, and two oversized garage doors.
Where is this flex space located?
The property is located at 1125 E Cranston Road Beloit, WI.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Over 7,800 sq. ft. of versatile commercial space built in 1962; Approximately 700 ft of street frontage on busy Cranston Road in Beloit, WI; Freight elevator plus accessible elevator installed for added interior access