Finished Flex Space with Overhead
For Sale
$129,000
505 West Fulton Street Unit E, Edgerton, WI 53534
Heated commercial space with private entry, reinforced flooring, insulated construction, and dedicated electrical service.
Property Size2,275 SF
Price / SF$56.70
Days on Market366
Property Features for 505 West Fulton Street Unit E
General Information
Standard status
Active
Size
2,275 SF
Property subtype
Business/Comm / Commercial Condo
Zoning
HMU
Warehouse & Industrial
Drive-In Doors
2
Power
100 amps
Taxes and HOA fees
Annual Taxes
$6,996
Amenities
security camera system
private entrance
Slab/None
Overhead doors, Truck dr(s) 15ft or lower, Less than 440 volt, Inside storage
Heater, 100 amp electrical service, one garage opener for the 16 x 8 garage door, no opener for the 12 x 8 garage door.
Forced air, Other
Steel
Building Details
Year Built
2022
Stories
1
Construction
steel
Listing Agency:
Pat's Realty Inc
Listed By:
Kari Reilly · License #82140-94
(608) 436-4644
Source:
Compass
Added: Oct 14, 2025
Changed: Oct 13
Last Checked: Oct 12 at 10:21PM
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 E is a 2,275-square-foot commercial flex space completed in 2022, configured for commercial or industrial use. The building has steel siding and roofing, insulated walls and ceilings, reinforced concrete floors, and a private entrance. Heating, LED and shop lighting, a security camera system, and 100 amp electrical service are included.
Access is provided by two insulated overhead doors: one measuring 16' x 8' with an automatic opener and another measuring 12' x 8' with manual operation. The property is located at 505 West Fulton Street in Edgerton, Wisconsin, and is zoned HMU. Residential occupancy is not permitted.
Access is provided by two insulated overhead doors: one measuring 16' x 8' with an automatic opener and another measuring 12' x 8' with manual operation. The property is located at 505 West Fulton Street in Edgerton, Wisconsin, and is zoned HMU. Residential occupancy is not permitted.
Key Highlights
- 2,275 sq ft commercial unit completed in 2022
- Two insulated overhead doors: 16' x 8' and 12' x 8'
- 16' x 8' overhead door includes an automatic opener
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,180
Cap Rate
5.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$143,600
$143.6K
Cap Rate 7%
$102,571
$102.6K
Cap Rate 9%
$79,778
$79.8K
Market Conditions
NOI Build-Up for 2,275 SF
Gross rent
$9.3K $4.08/SF
− Vacancy
−$835 −$0.37/SF
EGI
$8.4K $3.71/SF
− OpEx
−$1.3K −$0.56/SF
NOI
$7.2K $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 Rate 5%
$143,600
Cap Rate 7%
$102,571
Cap Rate 9%
$79,778
Alternative Uses
Best Use
Flex RnD
$383.3K
$335.4K – $447.2K
NOI $26,830 @ 7.0% cap · market cap 20.80%
Second Best
Warehouse
$102.6K
$89.8K – $119.7K
NOI $7,180 @ 7.0% cap · market cap 5.57%
Theoretical Best
Office A
$546.7K
$478.4K – $637.8K
NOI $38,269 @ 7.0% cap · market cap 29.67%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Drive-in doors
Location Intelligence
Trade Area within ½ mile
298
Businesses Nearby
Under-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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Midwest region
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Frequently Asked Questions
What type of property is this?
Flex space - Heated commercial space with private entry, reinforced flooring, insulated construction, and dedicated electrical service.
Where is this flex space located?
The property is located at 505 West Fulton Street Unit E Edgerton, WI.
What is the asking price?
The asking price for this property is $129,000.
What are key features of this property?
This property features: 2,275 sq ft commercial unit completed in 2022; Two insulated overhead doors: 16' x 8' and 12' x 8'; 16' x 8' overhead door includes an automatic opener
