Unit 8 Storage Condominium
New
For Sale
$195,000
1305 Guy Ave Unit 8, Barron, WI 54812
To-be-built condominium warehouse with flexible build options, ownership, and round-the-clock access.
Property Size1,984 SF
Price / SF$98.29
Days on Market2
Property Features for 1305 Guy Ave Unit 8
General Information
Standard status
Active
Size
1,984 SF
Additional Details
Clear Height
16 ft
Building Details
Year Built
2026
Listing Agency:
Keller Williams Realty Diversified
Listed By:
Joshua Amys · License #85884-94
(715) 642-0567
Source:
Homcentric
Added: Sep 2
Changed: Sep 3
Last Checked: Sep 3 at 2:02AM
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 8 is a to-be-built storage condominium warehouse designed for flexible commercial and personal use. The planned layout includes a 32' x 64' main area, a 16' front bump-out, and 16' interior height. The configuration can accommodate RV or boat storage, contractor equipment, inventory, a workshop, or business space, as supported by the planned design.
Located within Barron's Industrial Park on Guy Avenue, the property offers 24/7 access and condominium ownership with shared common elements. Multiple construction packages are available, with customization options that include plumbing and preparation for a future bathroom installation. The property is scheduled for construction in 2026.
Located within Barron's Industrial Park on Guy Avenue, the property offers 24/7 access and condominium ownership with shared common elements. Multiple construction packages are available, with customization options that include plumbing and preparation for a future bathroom installation. The property is scheduled for construction in 2026.
Key Highlights
- To‑be‑built Unit 8 storage condominium warehouse
- 32' x 64' layout with a 16' front bump‑out
- 16' interior height
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
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
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Frequently Asked Questions
What type of property is this?
Warehouse - To-be-built condominium warehouse with flexible build options, ownership, and round-the-clock access.
Where is this warehouse located?
The property is located at 1305 Guy Ave Unit 8 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: To‑be‑built Unit 8 storage condominium warehouse; 32' x 64' layout with a 16' front bump‑out; 16' interior height
