Private Storage Warehouse
For Sale
$134,900
5-747 E Mallwood Dr, Edgerton, WI 53534
Heated, insulated storage space includes a private entrance and plumbing for a half bath.
Property Size1,200 SF
Price / SF$112.42
Days on Market187
Property Features for 5-747 E Mallwood Dr
General Information
Standard status
Active
Size
1,200 SF
Warehouse & Industrial
Drive-In Doors
1
Power
100 amps
Self-Storage Units
1
Listing Agency:
Pat's Realty Inc
(608) 884-4311
Listed By:
Christine Sweeney · License #52488-90
(608) 884-4311
Source:
Exprealty
Added: Feb 24
Changed: Aug 29
Last Checked: Aug 29 at 8:00PM
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 Pat's Realty Inc
Investment Insights
Based on property information with market context.
Unit #5 in Building #3 is a new warehouse-style storage unit scheduled to be ready by mid-July 2026. The 1,200-square-foot space is heated, insulated, and equipped with reinforced concrete floors, a 14' insulated steel garage door, and 100 amp electrical service. Plumbing is installed for a half bath and utility sink, while a private entrance provides direct access to the unit.
The property is designed for personal storage of vehicles, boats, and other belongings, as well as business-use storage. Residential occupancy is not permitted. The unit is located at 5-747 E Mallwood Dr in Edgerton, Wisconsin. Floors are concrete and are not finished with epoxy.
The property is designed for personal storage of vehicles, boats, and other belongings, as well as business-use storage. Residential occupancy is not permitted. The unit is located at 5-747 E Mallwood Dr in Edgerton, Wisconsin. Floors are concrete and are not finished with epoxy.
Key Highlights
- 1,200 square feet in Unit #5, Building #3
- New building scheduled to be ready by mid‑July 2026
- Heated and insulated storage unit
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$3,787
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
2.81%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$75,740
$75.7K
Cap Rate 7%
$54,100
$54.1K
Cap Rate 9%
$42,078
$42.1K
Market Conditions
NOI Build-Up for 1,200 SF
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.
Gross rent
$4.9K $4.08/SF
− Vacancy
−$441 −$0.37/SF
EGI
$4.5K $3.71/SF
− OpEx
−$668 −$0.56/SF
NOI
$3.8K $3.16/SF
Area
Rock County, WI
Vacancy
9.00%
Lease Rate
$4.08 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$75,740
Cap Rate 7%
$54,100
Cap Rate 9%
$42,078
Alternative Uses
Best Use
Warehouse
$54.1K
$47.3K – $63.1K
NOI $3,787 @ 7.0% cap · market cap 2.81%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$288.4K
$252.3K – $336.4K
NOI $20,186 @ 7.0% cap · market cap 14.96%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Drive-in doors
Location Intelligence
Trade Area within ½ mile
60
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 53534, WI
12,752
Population
5,982
Households
2.1
Avg Household Size
42
Median Age
33%
College-Educated
94%
High-School Grad
85.2 sq mi
ZIP Area
150
Density / Sq Mi
$94,250
Median Household Income
$53,109
Median Earnings
$1,102
Median Rent
$280,100
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Rock River Marina Service Department — 10354 N Kidder Rd, Edgerton, WI 53534
- FOX DEN STORE-IT, LLC - Newville / Edgerton — 11301 N Goede Rd, Edgerton, WI 53534
Frequently Asked Questions
What type of property is this?
Warehouse - Heated, insulated storage space includes a private entrance and plumbing for a half bath.
Where is this warehouse located?
The property is located at 5-747 E Mallwood Dr Edgerton, WI.
What is the asking price?
The asking price for this property is $134,900.
What are key features of this property?
This property features: 1,200 square feet in Unit #5, Building #3; New building scheduled to be ready by mid‑July 2026; Heated and insulated storage unit
