Industrial Flex Building with
4182 State Road 23 Wisconsin Dells, WI 53965
4182 State Road 23, Wisconsin Dells, WI, 53965
Contact for pricing
For Sale
Contact for pricing
Industrial building includes a 30' x 46' workspace, a separate heated paint drying room, three offices, and storage areas.
Property Size3,200 SF
Lot Size1.19 Acres
Price / SF$109.34
Days on Market92
Property Features for 4182 State Road 23
General Information
- Standard status
- Active
- Size
- 3,200 SF
- Lot size
- 1.19 Acres
- Property subtype
- Industrial, Retail
Building Details
- Year Built
- 1982
Listing agency
Wisconsin Dells Realty
Listed by
Tory Wolfram · License #53217-90
Source
Crexi
Added: Apr 22 Updated: Jul 21 at 7:04PM Checked: Jul 21 at 7:04PM
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 Wisconsin Dells Realty
Investment Insights
Based on property information with market context.
This versatile industrial flex building is offered for sale on 1.19 acres. The property includes a 30' x 46' main workspace and a dedicated 14' x 21' paint drying room equipped with its own separate heating system. Additional interior features include three private offices, a restroom, and multiple storage areas.
The seller indicates the property is located just minutes from downtown Wisconsin Dells and is positioned along State Road 23 in Dell Prairie, WI.
The layout supports both production and supporting functions, with specialized space for drying operations and multiple offices for administration and coordination. The seller also will be installing a brand-new well prior to closing.
The seller indicates the property is located just minutes from downtown Wisconsin Dells and is positioned along State Road 23 in Dell Prairie, WI.
The layout supports both production and supporting functions, with specialized space for drying operations and multiple offices for administration and coordination. The seller also will be installing a brand-new well prior to closing.
Key Highlights
- Commercial building on 1.19 acres, built in 1982
- Main workspace measures 30' x 46'
- Dedicated 14' x 21' paint drying room with its own separate heating system
Local Financial Insights For Warehouse
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 | $32.4k | $10.13 |
| − Vacancy | −$2.2k | −$0.68 |
| EGI | $30.2k | $9.45 |
| − OpEx | −$4.5k | −$1.42 |
| NOI | $25.7k | $8.03 |
3,200 SF · lease $10.13/SF/yr · vacancy 6.70% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$367.3K
$321.4K – $428.5K
NOI $25,708 @ 7.0% cap · market cap 7.35%
Second Best
Industrial
$302.4K
$264.6K – $352.9K
NOI $21,171 @ 7.0% cap · market cap 6.05%
Theoretical Best
Office A
$718.9K
$629.1K – $838.7K
NOI $50,324 @ 7.0% cap · market cap 14.38%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Manufacturing properties
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FAQs
What type of property is this?
Manufacturing property - Industrial building includes a 30' x 46' workspace, a separate heated paint drying room, three offices, and storage areas.
Where is this manufacturing property located?
The property is located at 4182 State Road 23 Wisconsin Dells, WI.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: Commercial building on 1.19 acres, built in 1982; Main workspace measures 30' x 46'; Dedicated 14' x 21' paint drying room with its own separate heating system
