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To-Be-Built Storage Condominium Garage
For Sale
$185,000

1305 Unit 7 Guy Avenue, Barron, WI 54812

LAND - Barron, WI

Property Size1,664 SF
Lot Size0.13 Acres
Price / SF$111.18
Days on Market216

Property Features for 1305 Unit 7 Guy Avenue

General Information

Property type Land
Property subtype Other
Zoning description Commercial, Industrial
Lot features Level
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 206102007000
Size 1,664 SF
Lot size 0.13 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description UNIT 7 BIG GUY STORAGE CONDO
Tax Annual Amount 169
Legal Description UNIT 7 BIG GUY STORAGE CONDO

Utilities

Sewer type Public Sewer
Water source Public
Listing Agency: Keller Williams Realty Diversified
Listed By: Joshua Amys · License #85884-94
Added: Jan 16 Changed: Jun 9 Last Checked: Aug 20 at 12:06AM
MLS# 1597778

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.

This to-be-built storage condominium garage offers ownership with condo-style setup and 24/7 access. Unit 7 is planned with a 32’ x 52’ footprint and a 16’ front bump-out, along with a full 16’ interior height. The design is intended to support a range of storage and light-use scenarios, including RV or boat storage, contractor equipment, inventory, or a private workshop/business space. Construction is described as being built from the ground up with quality materials and workmanship. Build packages are available and can be tailored, including options for plumbing and future bathroom installation.

The property is located in Barron’s Industrial Park on Guy Avenue in Barron, Wisconsin. The offering is positioned within a clean, professionally managed setting with shared common elements.

For buyers looking for a flexible unit to own and operate, the planned interior height and bump-out configuration can help accommodate larger stored items or functional workspace needs. The ability to customize with plumbing options and future bathroom readiness supports tenants and owners who want the option for enhanced utility use while keeping the focus on secure, round-the-clock access.

Key Highlights

  • Large 32' x 52' storage condominium garage with 16' front bump‑out and 16' interior height.
  • Suitable for RV/boat storage, contractor equipment, inventory, workshop, or business space.
  • Enjoy 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
Industrial
$1.10M
$963.4K – $1.28M (±1% cap)
NOI $77,073 @ 7.0% cap · market cap 41.66%
Second Best
Self Storage
$283.0K
$247.7K – $330.2K (±1% cap)
NOI $19,813 @ 7.0% cap · market cap 10.71%
Theoretical Best
Warehouse
$1.34M
$1.17M – $1.56M (±1% cap)
NOI $93,589 @ 7.0% cap · market cap 50.59%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Self storage facilities

Suggested Use

Top Pick Big Box & Wholesale Store Storage Facility Garden Center Kitchen & Bath Showroom Furniture & Home Goods Skin Care Clinic

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

98
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Self storage facility - New storage condominium unit with full height interior and 24/7 access for RV, boat, equipment, or workshop use.
Where is this self storage facility located?
The property is located at 1305 Unit 7 Guy Avenue 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: Large 32' x 52' storage condominium garage with 16' front bump‑out and 16' interior height.; Suitable for RV/boat storage, contractor equipment, inventory, workshop, or business space.; Enjoy 24/7 access with condo‑style ownership.
More about this property
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