Flexible Industrial Building with
5A Sandusky Rd Hillpoint, WI 53937
For Sale
$410,000
Open commercial building with dedicated office space, currently powered by solar, plus leased tillable land through 2026.
Property Size7,000 SF
Lot Size5.00 Acres
Price / SF$58.57
Days on Market43
Property Features for 5A Sandusky Rd
General Information
Standard status
Active
Size
7,000 SF
Lot size
5.00 Acres
Listing Agency:
Judd Realty, LLC
(608) 524-9800
Listed By:
Jamie Judd · License #8040294
(608) 524-9800
Source:
Exprealty
Added: Jun 17
Changed: Jul 25
Last Checked: Jul 29 at 12:44PM
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 Judd Realty, LLC
Investment Insights
Based on property information with market context.
Situated in Hillpoint, WI, this flexible commercial property includes an approximately 7,000 sq ft open building with about 640 sq ft of dedicated office space. The layout is designed to support a wide range of commercial or industrial uses, with a practical separation between workspace and day-to-day operations. The seller will leave the boiler system, and the building currently does not have electricity, instead running off solar power.
The property sits on approximately 5 acres of productive, tillable land that is leased through 2026. Electricity is located at the lot line along the road, providing an option for future connection. The acreage also allows for expansion, equipment storage, or other future development uses as the business needs change. More land is available.
The property sits on approximately 5 acres of productive, tillable land that is leased through 2026. Electricity is located at the lot line along the road, providing an option for future connection. The acreage also allows for expansion, equipment storage, or other future development uses as the business needs change. More land is available.
Key Highlights
- Approximately 7,000 SF open commercial building on 5 acres of productive, tillable land
- Includes approximately 640 SF dedicated office space for day‑to‑day operations
- Building is currently powered by solar; electricity is available at the lot line along the road
Financial Insights For Industrial
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 | $47.9k | $6.84 |
| − Vacancy | −$3.3k | −$0.47 |
| EGI | $44.6k | $6.37 |
| − OpEx | −$13.4k | −$1.91 |
| NOI | $31.2k | $4.46 |
7,000 SF · lease $6.84/SF/yr · vacancy 6.80% · expense 30.00%
Alternative Uses
Best Use
Office B
$982.8K
$860.0K – $1.15M
NOI $68,796 @ 7.0% cap · market cap 16.78%
Second Best
Flex RnD
$574.3K
$502.5K – $670.0K
NOI $40,201 @ 7.0% cap · market cap 9.81%
Theoretical Best
Office A
$1.42M
$1.24M – $1.65M
NOI $99,187 @ 7.0% cap · market cap 24.19%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Flex space - Open commercial building with dedicated office space, currently powered by solar, plus leased tillable land through 2026.
Where is this flex space located?
The property is located at 5A Sandusky Rd Hillpoint, WI.
What is the asking price?
The asking price for this property is $410,000.
What are key features of this property?
This property features: Approximately 7,000 SF open commercial building on 5 acres of productive, tillable land; Includes approximately 640 SF dedicated office space for day‑to‑day operations; Building is currently powered by solar; electricity is available at the lot line along the road
