Flex Space with Private
For Sale
$185,000
1305 Guy Ave Unit 7, Barron, WI 54812
Ownership-based storage condominium with round-the-clock entry and configurable improvements.
Property Size1,664 SF
Price / SF$111.18
Days on Market31
Property Features for 1305 Guy Ave Unit 7
General Information
Standard status
Active
Size
1,664 SF
Additional Details
Road Access
Yes
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 1
Changed: Aug 29
Last Checked: Aug 31 at 7:17PM
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 7 is a to-be-built flex condominium within Barron's Industrial Park, offering 1,664 square feet in a 32' x 56' layout. The design includes a 16' front bump-out and 16' interior height, supporting storage of RVs, boats, contractor equipment, or inventory, along with workshop and business uses. Completion is scheduled for 2026.
Condo ownership includes shared common elements and 24/7 access. Multiple construction packages are available, with customization options that include plumbing and provisions for a future bathroom. The property is located at 1305 Guy Ave Unit 7 in Barron, Wisconsin.
Condo ownership includes shared common elements and 24/7 access. Multiple construction packages are available, with customization options that include plumbing and provisions for a future bathroom. The property is located at 1305 Guy Ave Unit 7 in Barron, Wisconsin.
Key Highlights
- 1,664‑SF flex condominium garage with 32' x 56' layout
- 16' front bump‑out and full 16' interior height
- 24/7 access with condo‑style ownership
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
$6,035
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
3.26%
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%
$120,700
$120.7K
Cap Rate 7%
$86,214
$86.2K
Cap Rate 9%
$67,056
$67.1K
Market Conditions
NOI Build-Up for 1,664 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
$10.0K $6.00/SF
− Vacancy
−$699 −$0.42/SF
EGI
$9.3K $5.58/SF
− OpEx
−$3.2K −$1.95/SF
NOI
$6.0K $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%
$120,700
Cap Rate 7%
$86,214
Cap Rate 9%
$67,056
Alternative Uses
Best Use
Warehouse
$1.34M
$1.17M – $1.56M
NOI $93,589 @ 7.0% cap · market cap 50.59%
Second Best
Industrial
$1.10M
$963.4K – $1.28M
NOI $77,073 @ 7.0% cap · market cap 41.66%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
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 - Ownership-based storage condominium with round-the-clock entry and configurable improvements.
Where is this flex space located?
The property is located at 1305 Guy Ave Unit 7 Barron, WI.
What is the asking price?
The asking price for this property is $185,000.
What are key features of this property?
This property features: 1,664‑SF flex condominium garage with 32' x 56' layout; 16' front bump‑out and full 16' interior height; 24/7 access with condo‑style ownership
