Flex Space Condominium
For Sale
$175,000
1305 Guy Ave Unit 6, Barron, WI 54812
To-be-built unit offers 24/7 access, ownership, and customizable build packages.
Property Size1,408 SF
Price / SF$124.29
Days on Market29
Property Features for 1305 Guy Ave Unit 6
General Information
Standard status
Active
Size
1,408 SF
Additional Details
Clear Height
16 ft
Amenities
24/7 access
professionally managed setting
Building Details
Year Built
2026
Listing Agency:
Keller Williams Realty Diversified
(715) 642-0567
Listed By:
Joshua Amys · License #8588494
Source:
Homcentric
Added: Aug 3
Changed: Aug 29
Last Checked: Aug 30 at 8:48PM
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
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.
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 = 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
$5,107
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
2.92%
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%
$102,140
$102.1K
Cap Rate 7%
$72,957
$73.0K
Cap Rate 9%
$56,744
$56.7K
Market Conditions
NOI Build-Up for 1,408 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
$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 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%
$102,140
Cap Rate 7%
$72,957
Cap Rate 9%
$56,744
Alternative Uses
Best Use
Warehouse
$1.13M
$989.9K – $1.32M
NOI $79,190 @ 7.0% cap · market cap 45.25%
Second Best
Industrial
$931.7K
$815.2K – $1.09M
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.
Property Analytics
Property Profile
Current Use
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
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 - 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
