Luxury Storage Condominium
644 Liberty Drive Verona, WI 53593
For Sale
$304,900
COMMERCIAL - Verona, WI
Property Size1,250 SF
Lot Size2.40 Acres
Price / SF$243.92
Days on Market98
Property Features for 644 Liberty Drive
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Property condition
- Under Construction
- Zoning
- SI
- Rooms
- Family Room
- Security features
- Security System
- Interior features
- Overhead doors, Shared Restrooms, Shared conference room, Security system, Inside storage, Recreation facilities
- Standard status
- Active
- APN
- 0608-234-2256-2
- Size
- 1,250 SF
- Lot size
- 2.40 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 2764424
Building Details
- Year built
- 2025
- Number of units
- 15
- Roof type
- Metal
- Additional Structures
- Storage
Listing Agency:
Great Rock Realty LLC
(608) 492-2272
Listed By:
Keith Schulz · License #5725690
(608) 492-2272
Added: Apr 17
Changed: Jul 23
Last Checked: Jul 23 at 7:06PM
MLS# 2018092
Copyright © 2026 REALTORS® Association of South Central Wisconsin. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This luxury storage condominium facility is designed for hobbyists, motorsports and watersports enthusiasts, RV owners, and collectors. The property offers a range of unit sizes, including a nominal 25' x 50' unit, with additional options listed as 25' x 40', 50' x 40', and 50' x 50'. Each unit includes an individual furnace and a 125-amp electrical panel, along with separate utility metering and bathroom rough-ins.
Owners also have access to a private, fully finished clubhouse. The clubhouse includes two bathrooms, a kitchen/bar area, a conference table, lounge seating, and recreation space.
The listing notes units are highly customizable, with the ability to add mezzanines, lifts, epoxy floors, and other improvements. Zoning is listed as SI. The property is offered for sale and includes a stated lot size of 2.4 acres.
Owners also have access to a private, fully finished clubhouse. The clubhouse includes two bathrooms, a kitchen/bar area, a conference table, lounge seating, and recreation space.
The listing notes units are highly customizable, with the ability to add mezzanines, lifts, epoxy floors, and other improvements. Zoning is listed as SI. The property is offered for sale and includes a stated lot size of 2.4 acres.
Key Highlights
- Luxury storage condo under construction with Year Built 2025
- 25' x 50' unit available (nominal dimensions); additional unit sizes include 25' x 40', 50' x 40', and 50' x 50'
- Each unit includes individual furnace, 125‑amp electrical panel, and separate utility metering
Financial Insights For Warehouse
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 | $18.0k | $14.40 |
| − Vacancy | −$468 | −$0.37 |
| EGI | $17.5k | $14.03 |
| − OpEx | −$2.6k | −$2.10 |
| NOI | $14.9k | $11.92 |
1,250 SF · lease $14.40/SF/yr · vacancy 2.60% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$212.9K
$186.3K – $248.4K
NOI $14,902 @ 7.0% cap · market cap 4.89%
Second Best
Self Storage
$155.1K
$135.7K – $181.0K
NOI $10,857 @ 7.0% cap · market cap 3.56%
Theoretical Best
Office A
$290.5K
$254.2K – $338.9K
NOI $20,333 @ 7.0% cap · market cap 6.67%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Self storage facilities
FAQs
What type of property is this?
Self storage facility - Self-storage facility with individual unit heating, separate utility metering, and bathroom rough-ins for customizable layouts.
Where is this self storage facility located?
The property is located at 644 Liberty Drive Verona, WI.
What is the asking price?
The asking price for this property is $304,900.
What are key features of this property?
This property features: Luxury storage condo under construction with Year Built 2025; 25' x 50' unit available (nominal dimensions); additional unit sizes include 25' x 40', 50' x 40', and 50' x 50'; Each unit includes individual furnace, 125‑amp electrical panel, and separate utility metering
