Flex Space Garage With 24/7
For Sale
$195,000
1305 Guy Avenue, Barron, WI 54812
COMMERCIAL - Barron, WI
Property Size1,984 SF
Lot Size0.15 Acres
Price / SF$98.29
Days on Market216
Property Features for 1305 Guy Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Property condition
Under Construction
Zoning description
Commercial, Industrial
Subdivision
Barron Industrial Park
Elementary school district
Barron Area
Middle school district
Barron Area
High school district
Barron Area
Directions
From Hwy 8 in Barron, south on 10th Ave, east on Guy Ave to property on north side of road.
Standard status
Active
APN
206102008000
Size
1,984 SF
Lot size
0.15 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
UNIT 8 BIG GUY STORAGE CONDO
Tax Annual Amount
89
Legal Description
UNIT 8 BIG GUY STORAGE CONDO
Utilities
Sewer type
Public Sewer
Heating system
Radiant, Radiant Floor
Water source
Public
Building Details
Year built
2026
Building materials
Steel
Listing Agency:
Keller Williams Realty Diversified
(715) 514-4265
Listed By:
Joshua Amys · License #85884-94
(715) 642-0567
Added: Jan 16
Changed: Aug 4
Last Checked: Aug 20 at 1:06AM
MLS# 1597783
Copyright © 2026 REALTORS® Association of Northwestern 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.
Unit 8 is a to-be-built flex space garage within a storage condominium setting, offering private ownership and continuous access. The planned layout includes 1,984 square feet, a 16-foot interior height, and a front bump-out that expands the usable configuration. The space can accommodate RV or boat storage, contractor equipment, inventory, a private workshop, or business operations. Build packages may be customized, with plumbing and a future bathroom among the available options.
The property is located at 1305 Guy Avenue in Barron's Industrial Park. Steel construction, radiant-floor heating, public water, and public sewer are specified. The project is under construction with a 2026 year built designation, and shared common elements support the condominium arrangement.
The property is located at 1305 Guy Avenue in Barron's Industrial Park. Steel construction, radiant-floor heating, public water, and public sewer are specified. The project is under construction with a 2026 year built designation, and shared common elements support the condominium arrangement.
Key Highlights
- 1,984‑square‑foot flex space garage with a 32' x 64' base layout
- 16' front bump‑out adds usable space to Unit 8
- Full 16' interior height accommodates RV, boat, and equipment storage
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$7,196
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.69%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$143,920
$143.9K
Cap Rate 7%
$102,800
$102.8K
Cap Rate 9%
$79,956
$80.0K
Market Conditions
NOI Build-Up for 1,984 SF
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.
Gross rent
$11.9K $6.00/SF
− Vacancy
−$833 −$0.42/SF
EGI
$11.1K $5.58/SF
− OpEx
−$3.9K −$1.95/SF
NOI
$7.2K $3.63/SF
Area
Barron County, WI
Vacancy
7.00%
Lease Rate
$6.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$143,920
Cap Rate 7%
$102,800
Cap Rate 9%
$79,956
Alternative Uses
Best Use
Warehouse
$1.59M
$1.39M – $1.86M
NOI $111,586 @ 7.0% cap · market cap 57.22%
Second Best
Industrial
$1.31M
$1.15M – $1.53M
NOI $91,895 @ 7.0% cap · market cap 47.13%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
16 ft
Clear height
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
98
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 54812, WI
5,845
Population
2,455
Households
2.4
Avg Household Size
41
Median Age
17%
College-Educated
85%
High-School Grad
90.2 sq mi
ZIP Area
65
Density / Sq Mi
$63,882
Median Household Income
$35,765
Median Earnings
$908
Median Rent
$163,500
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - Steel construction and radiant-floor heating support a versatile commercial workspace with public water and sewer.
Where is this flex space located?
The property is located at 1305 Guy Avenue Barron, WI.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: 1,984‑square‑foot flex space garage with a 32' x 64' base layout; 16' front bump‑out adds usable space to Unit 8; Full 16' interior height accommodates RV, boat, and equipment storage
