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Weston Storefront Property
For Sale
$250,000
Pending

6211 Volkman St, Weston, WI 54476

Commercial building with highway exposure, customer parking, and adaptable lower-level space.

Property Size1,192 SF
Lot Size0.41 Acres
Days on Market34

Property Features for 6211 Volkman St

General Information

Standard status Pending
Size 1,192 SF
Lot size 0.41 Acres

Site & Location

Highway Access Yes
Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $2,686

Amenities

forced-air natural gas furnace
gas water heater
200-amp electrical service
full bathroom
kitchenette

Building Details

Buildings 1
Listing Agency: FIRST WEBER
Listed By: MIKE SCHLICHTE REALTY GROUP
Source: Exprealty
Added: Jul 20 Changed: Aug 22 Last Checked: Aug 22 at 4:43AM

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 FIRST WEBER

Investment Insights

Based on property information with market context.

This Weston commercial building is being offered as real estate rather than as an operating business. The property is currently configured for a hair salon and includes a lower level with a full bathroom and kitchenette. Additional lower-level area can accommodate office, work, or storage space. Building systems include a forced-air natural gas furnace, gas water heater, and 200-amp electrical service.

Located at 6211 Volkman St near Business Highway 51 in Weston, the property has prominent highway exposure and convenient customer access. The 80' x 225' lot provides existing parking along with room for additional parking at the rear. The layout and site support continued salon use as well as professional office, service, or wellness-oriented occupancy.

Key Highlights

  • 80' x 225' lot with rear area for additional parking
  • Visible from Business Highway 51 in Weston
  • Lower level includes a full bathroom and kitchenette

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
$11,990
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
4.80%
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%
$239,800 $239.8K
Cap Rate 7%
$171,286 $171.3K
Cap Rate 9%
$133,222 $133.2K
Market Conditions
NOI Build-Up for 1,192 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
$17.9K $15.00/SF
− Vacancy
−$751 −$0.63/SF
EGI
$17.1K $14.37/SF
− OpEx
−$5.1K −$4.31/SF
NOI
$12.0K $10.06/SF
Area
Marathon County, WI
Vacancy
4.20%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
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%
$239,800
Cap Rate 7%
$171,286
Cap Rate 9%
$133,222

Alternative Uses

Best Use
Retail
$171.3K
$149.9K – $199.8K (±1% cap)
NOI $11,990 @ 7.0% cap · market cap 4.80%
Second Best
Office B
$169.7K
$148.5K – $198.0K (±1% cap)
NOI $11,882 @ 7.0% cap · market cap 4.75%
Theoretical Best
Specialty Retail
$220.2K
$192.7K – $256.9K (±1% cap)
NOI $15,416 @ 7.0% cap · market cap 6.17%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Trend Setters Hair Salon

Suggested Use

Top Pick Real Estate Agency Law Firm Electrical Service Kitchen & Bath Showroom Storage Facility (Bike/Boat/Book/etc) Store

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

Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

231
Businesses Nearby
Balanced
Demand for This Use

Demographics for 54476, WI

19,668
Population
8,574
Households
2.3
Avg Household Size
39
Median Age
24%
College-Educated
94%
High-School Grad
42.0 sq mi
ZIP Area
468
Density / Sq Mi
$76,132
Median Household Income
$43,962
Median Earnings
$972
Median Rent
$211,300
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • A Touch of Paradise Massage Studio 1147 W Grand Ave, Rothschild, WI 54474
  • Krueger Floral and Gifts 5240 US-51 BUS, Schofield, WI 54476

Frequently Asked Questions

What type of property is this?
Storefront property - Commercial building with highway exposure, customer parking, and adaptable lower-level space.
Where is this storefront property located?
The property is located at 6211 Volkman St Weston, WI.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 80' x 225' lot with rear area for additional parking; Visible from Business Highway 51 in Weston; Lower level includes a full bathroom and kitchenette
More about this property
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