Flex Space with Overhead
For Sale
Contact for pricing
1490 Bennett, Dodgeville, WI 53533
The suite includes a bathroom, utility sink, gas heat, and single-phase electrical service.
Property Size12,000 SF
Price / SF$1.50
Days on Market17
Property Features for 1490 Bennett
General Information
Standard status
Active
Size
12,000 SF
Property subtype
Commercial
Warehouse & Industrial
Drive-In Doors
1
Power
100 amps
Three-Phase Power
No
Additional Details
Property Use
Contractor Garage
Building Details
Year Built
2026
Listing Agency:
ALTUS Commercial Real Estate, Inc.
Listed By:
Mitch Marty · License ##88007-94
(608) 214-6742
Source:
Viewhomesinwisconsin
Added: Oct 14
Changed: Oct 28
Last Checked: Oct 28 at 4:17PM
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 ALTUS Commercial Real Estate, Inc.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,500sf flex suite measures 25' x 60' and has a 14' overhead door with ceilings ranging from 18' to 22'. Interior features include a bathroom, slop sink, gas hanging heater, and 100 amp single phase electrical service. The space has no A/C.
The suite is part of a newly developed site in Dodgeville. A separate 7,500sf building is planned for the property.
The suite is part of a newly developed site in Dodgeville. A separate 7,500sf building is planned for the property.
Key Highlights
- 1,500sf suite with 25' x 60' dimensions
- 14' overhead door and 18'-22' ceilings
- Bathroom and slop sink
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$63,358
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,267,160
$1.3M
Cap Rate 7%
$905,114
$905.1K
Cap Rate 9%
$703,978
$704.0K
Market Conditions
NOI Build-Up for 12,000 SF
Gross rent
$93.6K $7.80/SF
− Vacancy
−$3.1K −$0.26/SF
EGI
$90.5K $7.54/SF
− OpEx
−$27.2K −$2.26/SF
NOI
$63.4K $5.28/SF
Area
Iowa County, WI
Vacancy
3.30%
Lease Rate
$7.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,267,160
Cap Rate 7%
$905,114
Cap Rate 9%
$703,978
Alternative Uses
Best Use
Flex RnD
$1.43M
$1.25M – $1.66M
NOI $99,871 @ 7.0% cap · market cap 554.84%
Second Best
Industrial
$905.1K
$792.0K – $1.06M
NOI $63,358 @ 7.0% cap · market cap 351.99%
Theoretical Best
Office A
$3.51M
$3.07M – $4.09M
NOI $245,376 @ 7.0% cap · market cap 1,363.20%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
1
Drive-in doors
Location Intelligence
Trade Area within ½ mile
32
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
Demographics for 53533, WI
7,306
Population
3,557
Households
2.1
Avg Household Size
44
Median Age
31%
College-Educated
95%
High-School Grad
142.1 sq mi
ZIP Area
51
Density / Sq Mi
$82,731
Median Household Income
$48,228
Median Earnings
$976
Median Rent
$255,200
Median Home Value
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Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Flex space - The suite includes a bathroom, utility sink, gas heat, and single-phase electrical service.
Where is this flex space located?
The property is located at 1490 Bennett Dodgeville, WI.
What are key features of this property?
This property features: 1,500sf suite with 25' x 60' dimensions; 14' overhead door and 18'-22' ceilings; Bathroom and slop sink
