20-W4838 County Road Rr, Random Lake, WI 53075
Industrial condo suited for mid-size operations, workshop use, or RV and boat storage with a 14-ft overhead door.
- Added:
- Jul 1, 2025
- Days on Market:
- 362
- Last Refresh:
- Jun 23 at 2:46 am
Property Features for 20-W4838 County Road Rr
General Information
- Standard status
- Active
- Size
- 2,500 SF
Listing office Pleasant View Realty, LLC (920) 912-1064
Listing date Jul 1, 2025
Source Exprealty
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 Pleasant View Realty, LLC
HighLights
- 50x50 commercial condo in a WICKS building with 2,500 SF of industrial/workshop space
- 16‑ft high ceilings with a 14‑ft overhead door for RV, boat storage, or workshop use
- Stubbed for in‑floor heat and a bathroom, with build using 2x6" construction
- Served by municipal sewer/water, natural gas, and 200 AMP electric
- Paved drive and awning entrance; located just off Hwy 57 in Random Lake
- Business at Random, LLC Condo Association includes snow/lawn handled
Overview
Utilities and services are supported by municipal sewer and water, natural gas, and 200 AMP electric. The property is located in Random Lake, WI as part of the Business at Random, LLC Condo Association, which provides snow and lawn maintenance. Access is described as being just off Hwy 57.
With its right-sized footprint, high clearances, and practical overhead door access, the condo is a strong fit for buyers seeking warehouse or workshop space, or for operators looking for dedicated RV/boat storage. Flexibility remains available through the possibility of finish-to-suit upgrades, including options referenced for additional improvements.
Local Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $36.0k | $14.40 |
| − Vacancy | −$2.1k | −$0.82 |
| EGI | $33.9k | $13.58 |
| − OpEx | −$11.9k | −$4.75 |
| NOI | $22.1k | $8.83 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Random Lake
- County
- Sheboygan
- State
- Wisconsin
- Longitude
- -87.9876
- Latitude
- 43.5753
