Office Suite with River Valley
For Sale
Contact for pricing
550 Sunrise Drive #201, Spring Green, WI 53588
B3-zoned space can accommodate professional offices, creative studios, wellness services, or consulting businesses.
Property Size13,484 SF
Price / SF$0.09
Days on Market128
Property Features for 550 Sunrise Drive #201
General Information
Standard status
Active
Size
13,484 SF
Property subtype
Commercial
Zoning
B3
Additional Details
Highway Access
Yes
Building Details
Building Size
13,484 SF
Year Built
2006
Units
8
Listing Agency:
Century 21 Affiliated
(608) 588-7021
Listed By:
Andrea Joo · License #5837290
(608) 574-2092
Source:
Geigerrealtors
Added: Jun 20
Changed: Oct 25
Last Checked: Oct 23 at 2:10PM
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 Century 21 Affiliated
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 13,484-square-foot upper-level office space is in a building constructed in 2006. Its elevated position offers views across the River Valley, and B3 zoning is identified for the property. The space is suited to professional offices, creative studios, wellness services, consulting businesses, and other commercial uses.
The building is located along Hwy 14 in Spring Green, Wisconsin.
The building is located along Hwy 14 in Spring Green, Wisconsin.
Key Highlights
- 13,484‑square‑foot upper‑level office space
- River Valley views
- B3 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$132,521
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,650,420
$2.7M
Cap Rate 7%
$1,893,157
$1.9M
Cap Rate 9%
$1,472,456
$1.5M
Market Conditions
NOI Build-Up for 13,484 SF
Gross rent
$226.5K $16.80/SF
− Vacancy
−$49.8K −$3.70/SF
EGI
$176.7K $13.10/SF
− OpEx
−$44.2K −$3.28/SF
NOI
$132.5K $9.83/SF
Area
Sauk County, WI
Vacancy
22.00%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,650,420
Cap Rate 7%
$1,893,157
Cap Rate 9%
$1,472,456
Alternative Uses
Best Use
Office B
$1.89M
$1.66M – $2.21M
NOI $132,521 @ 7.0% cap · market cap 11,043.42%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.73M
$2.39M – $3.18M
NOI $191,063 @ 7.0% cap · market cap 15,921.92%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
264
Businesses Nearby
Explore this area
Business Placement
Demographics for 53588, WI
4,139
Population
1,944
Households
2.1
Avg Household Size
50
Median Age
32%
College-Educated
95%
High-School Grad
139.9 sq mi
ZIP Area
30
Density / Sq Mi
$88,359
Median Household Income
$47,407
Median Earnings
$956
Median Rent
$273,600
Median Home Value
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office unit - B3-zoned space can accommodate professional offices, creative studios, wellness services, or consulting businesses.
Where is this office unit located?
The property is located at 550 Sunrise Drive #201 Spring Green, WI.
What are key features of this property?
This property features: 13,484‑square‑foot upper‑level office space; River Valley views; B3 zoning
