5-W4838 County Road Rr, Random Lake, WI 53075
A 2,000 SF commercial condo with a 14-ft overhead door, paved driveway, and stubbed utilities for flexible workspace use.
- Added:
- Jun 27, 2025
- Days on Market:
- 348
- Last Refresh:
- Jun 8 at 1:31 am
Property Features for 5-W4838 County Road Rr
General Information
- Standard status
- Active
- Size
- 2,000 SF
Listing agent Heather Zimbal (920) 912-1064
Listing office Pleasant View Realty, LLC (920) 912-1064
Listing date Jun 27, 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
- 40x50 WICKS Building commercial condo with 2,000 SF of flexible space
- 14‑ft overhead door plus paved driveway and awning entry
- Utilities stubbed for an in‑floor heat system and a bathroom
- Municipal sewer and water, natural gas, and 200 AMP electrical service
- Condo in Business at Random, LLC Association with lawn and snow maintenance included in condo fees
- Just off Hwy 57; 20 mi to Road America and 45 mi to MKE Airport
Overview
The property is located in Random Lake, Wisconsin, within the Business at Random, LLC association. Lawn and snow maintenance are included in the condo fees, which helps keep the exterior upkeep straightforward. Access is described as being just off Hwy 57, with proximity to Road America (about 20 miles) and MKE Airport (about 45 miles).
For buyers needing a versatile footprint that can support trades, hobby work, or secure storage, this unit provides the key physical feature and utility foundation to accommodate future build-out. The offering also notes add-on packages are available, including options such as a boiler, interior finish, epoxy flooring, loft, or a full bath, allowing an operator to tailor the space to their workflow.
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 | $28.8k | $14.40 |
| − Vacancy | −$1.6k | −$0.82 |
| EGI | $27.2k | $13.58 |
| − OpEx | −$9.5k | −$4.75 |
| NOI | $17.7k | $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
