Flex Space with Showroom and
New
For Sale
Contact for pricing
122 Lawn St, Hartland, WI 53029
A mixed office-showroom and warehouse layout includes an overhead door and access to three-phase power.
Property Size3,994 SF
Price / SF$231.60
Days on Market6
Property Features for 122 Lawn St
General Information
Standard status
Active
Size
3,994 SF
Property subtype
OFFICE
Warehouse & Industrial
Warehouse Space
1,530 SF
Office Build-Out
2,464 SF
Three-Phase Power
Yes
Additional Details
Utilities to Site
Yes
Building Details
Year Renovated
2021
Buildings
1
Listing Agency:
Judson & Associates, S.C.
(262) 695-8800
Listed By:
Luke Russell · License #9730494
(262) 746-3483
Source:
Moodyscre
Added: Oct 15
Changed: Oct 19
Last Checked: Oct 19 at 2:37PM
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 Judson & Associates, S.C.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This flex property combines 2,464 SF of office and showroom area with 1,530 SF of warehouse space. The warehouse has one overhead door, and three-phase power is available at the building but is not connected. Renovation work was completed in 2021.
The property is adjacent to the Ice Age National Scenic Trail and the Bark River in Hartland, Wisconsin.
The property is adjacent to the Ice Age National Scenic Trail and the Bark River in Hartland, Wisconsin.
Key Highlights
- 2,464 SF of office and showroom space
- 1,530 SF of warehouse area with one overhead door
- Three‑phase power available at the building; not currently connected
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$55,449
Cap Rate
5.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,108,980
$1.1M
Cap Rate 7%
$792,129
$792.1K
Cap Rate 9%
$616,100
$616.1K
Market Conditions
NOI Build-Up for 3,994 SF
Gross rent
$99.2K $24.84/SF
− Vacancy
−$25.3K −$6.33/SF
EGI
$73.9K $18.51/SF
− OpEx
−$18.5K −$4.63/SF
NOI
$55.4K $13.88/SF
Area
Waukesha County, WI
Vacancy
25.48%
Lease Rate
$24.84 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,108,980
Cap Rate 7%
$792,129
Cap Rate 9%
$616,100
Alternative Uses
Best Use
Flex RnD
$2.04M
$1.78M – $2.38M
NOI $142,689 @ 7.0% cap · market cap 15.43%
Second Best
Office B
$792.1K
$693.1K – $924.2K
NOI $55,449 @ 7.0% cap · market cap 5.99%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
549
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 53029, WI
21,239
Population
8,717
Households
2.4
Avg Household Size
43
Median Age
49%
College-Educated
98%
High-School Grad
37.6 sq mi
ZIP Area
565
Density / Sq Mi
$109,778
Median Household Income
$58,923
Median Earnings
$1,126
Median Rent
$449,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Flex space - A mixed office-showroom and warehouse layout includes an overhead door and access to three-phase power.
Where is this flex space located?
The property is located at 122 Lawn St Hartland, WI.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: 2,464 SF of office and showroom space; 1,530 SF of warehouse area with one overhead door; Three‑phase power available at the building; not currently connected
