Flex Warehouse with
606 10th Monroe, WI 53566
For Sale
Contact for pricing
Flex building with light industrial zoning, three-phase 480V power, heat, and a central bathroom plus 12x10 office.
Property Size3,304 SF
Price / SF$90.80
Days on Market167
Property Features for 606 10th
General Information
- Standard status
- Active
- Size
- 3,304 SF
- Property subtype
- Industrial, Retail
Building Details
- Year Built
- 1996
Listing Agency:
Madcityhomes.Com
(608) 438-3150
Listed By:
Stuart Meland · License #51242-90
Source:
Crexi
Added: Feb 6
Changed: Jul 22
Last Checked: Jul 23 at 10:43AM
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 Madcityhomes.Com
Investment Insights
Based on property information with market context.
This commercial flex building is suited to a light industrial use, with three-phase 480V electrical service and heated interior space. The property includes floor drains, a central bathroom, and a 12x10 office, and it features video surveillance equipment included with the sale.
The building is located in Monroe and provides easy access to Hwy 69.
As described, the layout can be divided into multiple leasable areas, which may support flexible occupancy configurations depending on a tenant’s needs.
The building is located in Monroe and provides easy access to Hwy 69.
As described, the layout can be divided into multiple leasable areas, which may support flexible occupancy configurations depending on a tenant’s needs.
Key Highlights
- 1996‑built commercial flex building in Monroe with light industrial zoning
- 3‑phase 480 electrical power
- Heated building with central bathroom plus a 12x10 office
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 | $43.6k | $13.20 |
| − Vacancy | −$1.3k | −$0.40 |
| EGI | $42.3k | $12.80 |
| − OpEx | −$14.8k | −$4.48 |
| NOI | $27.5k | $8.32 |
3,304 SF · lease $13.20/SF/yr · vacancy 3.00% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$392.8K
$343.7K – $458.3K
NOI $27,498 @ 7.0% cap · market cap 9.17%
Second Best
Warehouse
$302.6K
$264.8K – $353.1K
NOI $21,183 @ 7.0% cap · market cap 7.06%
Theoretical Best
Office A
$965.1K
$844.5K – $1.13M
NOI $67,560 @ 7.0% cap · market cap 22.52%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
FAQs
What type of property is this?
Flex space - Flex building with light industrial zoning, three-phase 480V power, heat, and a central bathroom plus 12x10 office.
Where is this flex space located?
The property is located at 606 10th Monroe, WI.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: 1996‑built commercial flex building in Monroe with light industrial zoning; 3‑phase 480 electrical power; Heated building with central bathroom plus a 12x10 office
