Freestanding Flex and Industrial
220 River Birch Deerfield, WI 53531
For Sale
Contact for pricing
A freestanding leased facility with heated bays and finished residential-style space, offering a functional mixed-use layout.
Property Size3,660 SF
Price / SF$221.73
Days on Market58
Property Features for 220 River Birch
General Information
- Standard status
- Active
- Size
- 3,660 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 2008
Listing Agency:
Altus Commercial Real Estate
(608) 338-0055
Listed By:
Will Schlosser · License #89987-94
Source:
Crexi
Added: May 28
Changed: Jul 10
Last Checked: Jul 23 at 3:51PM
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
Investment Insights
Based on property information with market context.
The property is a freestanding building operated as flex/industrial space, currently leased to DocGo Inc DBA Ryan Brothers Ambulance on a term of 3+ more years. The facility includes two heated/cooled garage bays and additional land, with finished space featuring four bedrooms, one-and-a-half baths, a kitchen, and a lounge area. Operational amenities include a washer and dryer, water spigots in the garage, floor drains, and ozone sterilization in each HVAC system. The building also has interior and exterior cameras with remote smart capabilities.
The site is located at 220 River Birch in Deerfield, WI (53531). The offering is presented as one of multiple similar facilities in three counties.
For tenants or buyers, this layout supports organizations that need both controlled garage space and dedicated finished rooms for administrative or operational use, with on-site utility and building systems designed for ongoing functionality. Existing lease structure and renewal options should be reviewed in detail as part of any purchase or underwriting process.
The site is located at 220 River Birch in Deerfield, WI (53531). The offering is presented as one of multiple similar facilities in three counties.
For tenants or buyers, this layout supports organizations that need both controlled garage space and dedicated finished rooms for administrative or operational use, with on-site utility and building systems designed for ongoing functionality. Existing lease structure and renewal options should be reviewed in detail as part of any purchase or underwriting process.
Key Highlights
- Freestanding building leased to NASDAQ‑listed DocGo Inc DBA Ryan Brothers Ambulance with 3+ years remaining
- Lease includes 3.5% annual increases and two 1‑year tenant options
- Heated/cooled facility with 2 garage bays plus finished space with 4 beds and 1.5 baths
Financial Insights For Industrial
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 | $52.7k | $14.40 |
| − Vacancy | −$1.4k | −$0.37 |
| EGI | $51.3k | $14.03 |
| − OpEx | −$15.4k | −$4.21 |
| NOI | $35.9k | $9.82 |
3,660 SF · lease $14.40/SF/yr · vacancy 2.60% · expense 30.00%
Alternative Uses
Best Use
Industrial
$513.3K
$449.2K – $598.9K
NOI $35,934 @ 7.0% cap · market cap 4.43%
Second Best
Flex RnD
$445.8K
$390.1K – $520.2K
NOI $31,209 @ 7.0% cap · market cap 3.85%
Theoretical Best
Office A
$850.5K
$744.2K – $992.3K
NOI $59,535 @ 7.0% cap · market cap 7.34%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Ryan Brothers Ambulance
Ambulance Service
FAQs
What type of property is this?
Flex space - A freestanding leased facility with heated bays and finished residential-style space, offering a functional mixed-use layout.
Where is this flex space located?
The property is located at 220 River Birch Deerfield, WI.
What is the asking price?
The asking price for this property is $811,543.
What are key features of this property?
This property features: Freestanding building leased to NASDAQ‑listed DocGo Inc DBA Ryan Brothers Ambulance with 3+ years remaining; Lease includes 3.5% annual increases and two 1‑year tenant options; Heated/cooled facility with 2 garage bays plus finished space with 4 beds and 1.5 baths
