Building Details

Building Size 5,100 SF

Year Built 1973

Buildings 1

Units 1

Listing Agency: Nexthome Metro i***@nexthomemetrogroup.com

Listed By: Katie Lichtie · License #6011890 Show Phone

Source: Geigerrealtors

Added: Feb 19 Changed: Oct 23 Last Checked: Oct 23 at 3:50PM

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Investment Insights

Based on property information with market context.

This 5,100-square-foot automotive shop, built in 1973, contains five service bays with overhead doors measuring 8', 12', and 16'. The 1.96-acre parcel includes one paved acre. Interior support space includes two private offices totaling 350 square feet, a bathroom, parts rooms with shelving, and a mezzanine for additional storage. Washer and dryer hookups are also in place.

Electrical service is 200 Amp, 3-Phase, 120/280V, with outdoor outlets for engine block heaters. The property offers access to Hwy 73. An additional 4–5 acres are available for outdoor storage expansion.

Key Highlights

• Five service bays with overhead doors measuring 8', 12', and 16'
• 5,100‑square‑foot shop on a 1.96‑acre parcel, including 1 paved acre
• 200 Amp, 3‑Phase, 120/280V power and outdoor electricity for engine block heaters

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$48,891

Suggested Prices Based on Cap Rates

Cap Rate 5%

$977,820 $977.8K

Cap Rate 7%

$698,443 $698.4K

Cap Rate 9%

$543,233 $543.2K

What to ask about pricing

Market Conditions

NOI Build-Up for 5,100 SF

Gross rent

$76.5K $15.00/SF

− Vacancy

−$6.7K −$1.31/SF

EGI

$69.8K $13.70/SF

− OpEx

−$21.0K −$4.11/SF

NOI

$48.9K $9.59/SF

Area

Dane County, WI

Vacancy

8.70%

Lease Rate

$15.00 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$977,820

Cap Rate 7%

$698,443

Cap Rate 9%

$543,233

Alternative Uses

Best Use

Industrial

$715.3K

$625.9K – $834.5K (±1% cap)

NOI $50,071 @ 7.0% cap · market cap 5,007,100.00%

Second Best

Retail

$698.4K

$611.1K – $814.9K (±1% cap)

NOI $48,891 @ 7.0% cap · market cap 4,889,100.00%

Theoretical Best

Office A

$1.19M

$1.04M – $1.38M (±1% cap)

NOI $82,959 @ 7.0% cap · market cap 8,295,900.00%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Integrity Truck & Trailer Auto Repair Shop

Suggested Use

Top Pick Real Estate Agency Dental Office Building Supply Big Box & Wholesale Store Auto Repair Shop Law Firm

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

5

Service bays

Yes

Highway access

Yes

Utilities to site

Location Intelligence

Trade Area within ½ mile

183

Businesses Nearby

29k

Monthly Visits Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 80% Home Improvements & Furnishings 13% Dining 7%

Kwik Trip Shops & Services

16,582 visits/mo 0.3 miles

Dollar General Shops & Services

4,964 visits/mo 0.5 miles

Hellenbrands Ace Hardware Home Improvements & Furnishings

3,659 visits/mo 0.2 miles

SUBWAY Dining

1,962 visits/mo 0.3 miles

Mobil Shops & Services

1,336 visits/mo 0.4 miles

Demographics for 53559, WI

6,104

Population

2,395

Households

2.5

Avg Household Size

41

Median Age

28%

College-Educated

96%

High-School Grad

66.3 sq mi

ZIP Area

92

Density / Sq Mi

$95,805

Median Household Income

$44,149

Median Earnings

$897

Median Rent

$280,800

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Similar Off Market Nearby

• Integrity Truck & Trailer — 215 Deerfield Rd, Marshall, WI 53559
• Nuelk's Garage — 110 W Main St, Marshall, WI 53559

Frequently Asked Questions

What type of property is this?

Auto shop - Service infrastructure includes three-phase power, outdoor electrical service, and dedicated parts storage.

Where is this auto shop located?

The property is located at 215 Deerfield Road Marshall, WI.

What are key features of this property?

This property features: Five service bays with overhead doors measuring 8', 12', and 16'; 5,100‑square‑foot shop on a 1.96‑acre parcel, including 1 paved acre; 200 Amp, 3‑Phase, 120/280V power and outdoor electricity for engine block heaters