Freestanding Flex Warehouse
116 Antique Ln De Forest, WI 53532
116 Antique Ln, De Forest, WI, 53532
Contact for pricing
For Sale
Contact for pricing
Freestanding industrial building with yard, office area, two ground-level loading doors, and 14’ eave height.
Property Size7,000 SF
Lot Size0.68 Acres
Price / SF$109.93
Days on Market43
Property Features for 116 Antique Ln
General Information
- Standard status
- Active
- Size
- 7,000 SF
- Lot size
- 0.68 Acres
- Property subtype
- INDUSTRIAL
Listing agency
Lee & Associates of Madison
(608) 209-9990
Listed by
Blake George · License #4944590
(608) 209-9990
Source
Moodyscre
Added: Jun 10 Updated: Jul 22 at 6:44AM Checked: Jul 22 at 6:44AM
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 Lee & Associates of Madison
Investment Insights
Based on property information with market context.
A freestanding flex warehouse building offering 7,000 square feet, including approximately 1,000 square feet of office area. The former machine shop setup includes multiple electrical outlets, two electrical services (400 amp, 3-phase, 208 volt and 200 amp, 3-phase, 208 volt), and floor drains. The facility also includes men’s and women’s restrooms and two ground-level doors measuring 12’ x 10’ and 12’ x 12’.
The property sits on a 29,751 square foot lot with yard, and includes a 43’ access easement. An eave height of 14’ supports a range of warehouse and light industrial uses. A possible dock is noted as well.
Ideal for an owner-occupant looking for functional shop-and-storage space, the layout combines office, utility-ready workspace, and practical loading access within the fenced lot and yard area.
The property sits on a 29,751 square foot lot with yard, and includes a 43’ access easement. An eave height of 14’ supports a range of warehouse and light industrial uses. A possible dock is noted as well.
Ideal for an owner-occupant looking for functional shop-and-storage space, the layout combines office, utility-ready workspace, and practical loading access within the fenced lot and yard area.
Key Highlights
- 7,000 sq. ft. freestanding industrial building with 4,000 sq. ft. available for owner/occupant
- 1,000 sq. ft. office area plus men’s and women’s restrooms
- 14’ eave height with floor drains and former machine shop setup with multiple electrical outlets
Local Financial Insights For Industrial
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 | $100.8k | $14.40 |
| − Vacancy | −$2.6k | −$0.37 |
| EGI | $98.2k | $14.03 |
| − OpEx | −$29.5k | −$4.21 |
| NOI | $68.7k | $9.82 |
7,000 SF · lease $14.40/SF/yr · vacancy 2.60% · expense 30.00%
Alternative Uses
Best Use
Warehouse
$1.19M
$1.04M – $1.39M
NOI $83,452 @ 7.0% cap · market cap 10.84%
Second Best
Industrial
$981.8K
$859.1K – $1.15M
NOI $68,725 @ 7.0% cap · market cap 8.93%
Theoretical Best
Office A
$1.63M
$1.42M – $1.90M
NOI $113,866 @ 7.0% cap · market cap 14.80%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Abby Seltzer Ceramics
(Bike/Boat/Book/etc) Store
Tech Mold Corporation
Industrial Manufacturer
Similar For Sale Nearby
Similar Off Market Nearby
- North and South Seafood & Smokehouse Catering — 605 s main st, deforest, wi 53532
- North and South Smokehouse Catering — 605 S Main St, DeForest, WI 53532
FAQs
What type of property is this?
Flex space - Freestanding industrial building with yard, office area, two ground-level loading doors, and 14’ eave height.
Where is this flex space located?
The property is located at 116 Antique Ln De Forest, WI.
What is the asking price?
The asking price for this property is $769,500.
What are key features of this property?
This property features: 7,000 sq. ft. freestanding industrial building with 4,000 sq. ft. available for owner/occupant; 1,000 sq. ft. office area plus men’s and women’s restrooms; 14’ eave height with floor drains and former machine shop setup with multiple electrical outlets
