Corner Lot Warehouse with Rental
130 North Judson Street Wisconsin Dells, WI 53965
For Sale
$349,000
A 40x60 warehouse on a corner lot is currently rented, offering immediate occupancy in Lake Delton.
Property Size2,400 SF
Lot Size0.50 Acres
Price / SF$145.42
Days on Market740
Property Features for 130 North Judson Street
General Information
- Standard status
- Active
- Size
- 2,400 SF
- Lot size
- 0.50 Acres
- Property subtype
- Business/Comm / Apartment building-Commercial Condo
Building Details
- Year Built
- 1980
Listing Agency:
Berkshire Hathaway HomeServices Local Realty
(608) 448-9483
Listed By:
Anamaria Gorius · License #58430-90
(608) 448-9483
Source:
Compass
Added: Jul 14, 2024
Changed: Jul 23
Last Checked: Jul 23 at 2:09PM
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 Berkshire Hathaway HomeServices Local Realty
Investment Insights
Based on property information with market context.
This property offers a corner-lot warehouse configuration totaling 40x60, with the warehouse currently rented. The site is described as a half-acre corner parcel, providing a straightforward footprint for light commercial storage and operating needs.
The warehouse is located in the heart of Lake Delton, within Wisconsin Dells, at 130 North Judson Street. The public remarks also note that an adjacent parcel and a home are available for sale, allowing for potential expansion options if a buyer wants to assemble additional space.
For buyers seeking a ready-to-operate warehouse space, the key takeaway is the existing rental status of the warehouse and the corner-lot setting, along with the availability of nearby adjoining property mentioned in the remarks.
The warehouse is located in the heart of Lake Delton, within Wisconsin Dells, at 130 North Judson Street. The public remarks also note that an adjacent parcel and a home are available for sale, allowing for potential expansion options if a buyer wants to assemble additional space.
For buyers seeking a ready-to-operate warehouse space, the key takeaway is the existing rental status of the warehouse and the corner-lot setting, along with the availability of nearby adjoining property mentioned in the remarks.
Key Highlights
- 40x60 warehouse currently rented for immediate occupancy
- Half‑acre corner lot
- Built in 1980
Financial Insights For Warehouse
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 | $24.3k | $10.13 |
| − Vacancy | −$1.6k | −$0.68 |
| EGI | $22.7k | $9.45 |
| − OpEx | −$3.4k | −$1.42 |
| NOI | $19.3k | $8.03 |
2,400 SF · lease $10.13/SF/yr · vacancy 6.70% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$275.4K
$241.0K – $321.4K
NOI $19,281 @ 7.0% cap · market cap 5.52%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$539.2K
$471.8K – $629.1K
NOI $37,743 @ 7.0% cap · market cap 10.81%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Warehouses
Similar Off Market Nearby
- Self Storage of Wis Dells - Munroe Ave — 301 W Munroe Ave, Lake Delton, WI 53940
FAQs
What type of property is this?
Warehouse - A 40x60 warehouse on a corner lot is currently rented, offering immediate occupancy in Lake Delton.
Where is this warehouse located?
The property is located at 130 North Judson Street Wisconsin Dells, WI.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: 40x60 warehouse currently rented for immediate occupancy; Half‑acre corner lot; Built in 1980
