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Flex Space Storage Condominium
For Sale
$175,000

6-1305 Guy Ave, Barron, WI 54812

To-be-built ownership unit offers adaptable storage, workshop, and business-use potential with round-the-clock access.

Property Size1,408 SF
Price / SF$124.29
Days on Market226

Property Features for 6-1305 Guy Ave

General Information

Standard status Active
Size 1,408 SF

Warehouse & Industrial

Clear Height 16 ft
Three-Phase Power Yes

Taxes and HOA fees

Annual Taxes $168
Listing Agency: Keller Williams Realty Diversified
Listed By: Joshua Amys · License #8588494
Source: Exprealty
Added: Jan 16 Changed: Aug 30 Last Checked: Aug 30 at 3:09AM

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 Keller Williams Realty Diversified

Investment Insights

Based on property information with market context.

Unit 6 is a to-be-built storage condominium garage at Barron's Industrial Park on Guy Avenue in Barron, Wisconsin. The 1,408-square-foot layout measures 32'x 48' with a 16' front bump-out and full 16' interior height. The design supports RV or boat storage, contractor equipment, inventory, a private workshop, or business space.

Condo-style ownership includes shared common elements and 24/7 access. Multiple build packages are available, with customization options that include plumbing and a future bathroom installation. The property is located at 6-1305 Guy Ave, Barron, WI 54812.

Key Highlights

  • 1,408‑square‑foot Unit 6 storage condominium garage
  • 32'x 48' layout with a 16' front bump‑out
  • Full 16' interior height for RV, boat, equipment, or inventory storage

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
$5,107
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
2.92%
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%
$102,140 $102.1K
Cap Rate 7%
$72,957 $73.0K
Cap Rate 9%
$56,744 $56.7K
Market Conditions
NOI Build-Up for 1,408 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
$8.4K $6.00/SF
− Vacancy
−$591 −$0.42/SF
EGI
$7.9K $5.58/SF
− OpEx
−$2.7K −$1.95/SF
NOI
$5.1K $3.63/SF
Area
Barron County, WI
Vacancy
7.00%
Lease Rate
$6.00 /SF/Yr
Expense Ratio
35.00%
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%
$102,140
Cap Rate 7%
$72,957
Cap Rate 9%
$56,744

Alternative Uses

Best Use
Warehouse
$1.13M
$989.9K – $1.32M (±1% cap)
NOI $79,190 @ 7.0% cap · market cap 45.25%
Second Best
Industrial
$931.7K
$815.2K – $1.09M (±1% cap)
NOI $65,216 @ 7.0% cap · market cap 37.27%
Theoretical Best
same as Best Use
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Big Box & Wholesale Store Storage Facility Garden Center Kitchen & Bath Showroom Furniture & Home Goods Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

16 ft
Clear height

Location Intelligence

Trade Area within ½ mile

189
Businesses Nearby
Balanced
Demand for This Use

Demographics for 54812, WI

5,845
Population
2,455
Households
2.4
Avg Household Size
41
Median Age
17%
College-Educated
85%
High-School Grad
90.2 sq mi
ZIP Area
65
Density / Sq Mi
$63,882
Median Household Income
$35,765
Median Earnings
$908
Median Rent
$163,500
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - To-be-built ownership unit offers adaptable storage, workshop, and business-use potential with round-the-clock access.
Where is this flex space located?
The property is located at 6-1305 Guy Ave Barron, WI.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: 1,408‑square‑foot Unit 6 storage condominium garage; 32'x 48' layout with a 16' front bump‑out; Full 16' interior height for RV, boat, equipment, or inventory storage
More about this property
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