Building Details

Year Built 2026

Listing Agency: Keller Williams Realty Diversified

Listed By: Joshua Amys · License #85884-94 Show Phone

Source: Homcentric

Added: Aug 3 Changed: Oct 15 Last Checked: Oct 5 at 8:01PM

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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 Keller Williams Realty Diversified

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Investment Insights

Based on property information with market context.

Unit 6 is a to-be-built condominium garage in Barron's Industrial Park, offering an ownership structure with access available 24/7. The space is designed to accommodate RV or boat storage, contractor equipment, inventory, a private workshop, or business-related use.

Multiple construction packages can be tailored to individual requirements, with plumbing and provisions for a future bathroom among the available options. Shared common elements support the condominium format. The property is located at 1305 Guy Ave Unit 6 in Barron, Wisconsin.

Key Highlights

• Condominium garage ownership with 24/7 access
• To‑be‑built unit in Barron's Industrial Park
• Multiple build packages available for customization

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$5,107

Cap Rate

2.92%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$102,140 $102.1K

Cap Rate 7%

$72,957 $73.0K

Cap Rate 9%

$56,744 $56.7K

Is this asking price fair?

Market Conditions

NOI Build-Up for 1,408 SF

Gross rent

$8.4K $6.00/SF

− Vacancy

−$591 −$0.42/SF

EGI

$7.9K $5.58/SF

− OpEx

−$2.7K −$1.95/SF

NOI

$5.1K $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 Rate 5%

$102,140

Cap Rate 7%

$72,957

Cap Rate 9%

$56,744

Alternative Uses

Best Use

Warehouse

$1.13M

$989.9K – $1.32M (±1% cap)

NOI $79,190 @ 7.0% cap · market cap 45.25%

Second Best

Industrial

$931.7K

$815.2K – $1.09M (±1% cap)

NOI $65,216 @ 7.0% cap · market cap 37.27%

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

Flex space

Suggested Use

Top Pick Big Box & Wholesale Store HVAC Service Storage Facility Garden Center Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

16 ft

Clear height

Location Intelligence

Trade Area within ½ mile

189

Businesses Nearby

Balanced

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

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

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Frequently Asked Questions

What type of property is this?

Flex space - To-be-built unit offers 24/7 access, ownership, and customizable build packages.

Where is this flex space located?

The property is located at 1305 Guy Ave Unit 6 Barron, WI.

What is the asking price?

The asking price for this property is $175,000.

What are key features of this property?

This property features: Condominium garage ownership with 24/7 access; To‑be‑built unit in Barron's Industrial Park; Multiple build packages available for customization