Building Details

Year Built 2026

Listing Agency: Keller Williams Lake Country

Listed By: Greg Wagner Show Phone

Source: Holtrealestateteam

Added: Aug 26 Changed: Sep 13 Last Checked: Oct 7 at 1:35PM

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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 Lake Country

Investment Insights

Based on property information with market context.

This 1,250-square-foot commercial condominium is planned for flexible small-business, contractor, hobby, and storage use. The unit includes a 14-foot ceiling, a 12-by-12-foot overhead door, finished drywall, and 200-amp electrical service. Energy-efficient construction and high-speed data availability support a range of practical workspace and storage needs. The property is identified as Unit 107 in Building 4, where two condominium units are located. Unit 108 may also be acquired separately, while both units can be purchased together as a full-building acquisition. The development is situated on Lake Road in Windsor, approximately one mile north of the interstate. Construction is scheduled for 2026.

Key Highlights

• 1,250 SF commercial condominium unit
• 14‑foot ceiling height with a 12‑by‑12‑foot overhead door
• Finished drywall interior and 200‑amp electrical service

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$14,902

Cap Rate

6.78%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$298,040 $298.0K

Cap Rate 7%

$212,886 $212.9K

Cap Rate 9%

$165,578 $165.6K

Market Conditions

NOI Build-Up for 1,250 SF

Gross rent

$18.0K $14.40/SF

− Vacancy

−$468 −$0.37/SF

EGI

$17.5K $14.03/SF

− OpEx

−$2.6K −$2.10/SF

NOI

$14.9K $11.92/SF

Area

Dane County, WI

Vacancy

2.60%

Lease Rate

$14.40 /SF/Yr

Expense Ratio

15.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$298,040

Cap Rate 7%

$212,886

Cap Rate 9%

$165,578

Alternative Uses

Best Use

Warehouse

$212.9K

$186.3K – $248.4K (±1% cap)

NOI $14,902 @ 7.0% cap · market cap 6.78%

Second Best

Industrial

$175.3K

$153.4K – $204.5K (±1% cap)

NOI $12,272 @ 7.0% cap · market cap 5.58%

Theoretical Best

Office A

$290.5K

$254.2K – $338.9K (±1% cap)

NOI $20,333 @ 7.0% cap · market cap 9.25%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Law Firm Real Estate Agency Restaurant Nail Salon Spa & Massage Center Grocery & Convenience 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

14 ft

Clear height

1

Drive-in doors

Yes

Highway access

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

122

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 53598, WI

4,033

Population

1,666

Households

2.4

Avg Household Size

35

Median Age

33%

College-Educated

92%

High-School Grad

3.1 sq mi

ZIP Area

1,301

Density / Sq Mi

$100,119

Median Household Income

$60,136

Median Earnings

$1,470

Median Rent

$373,300

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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this flex space located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Flex space - Finished commercial unit suited to small businesses, contractors, hobbyists, and vehicle or equipment storage.

Where is this flex space located?

The property is located at 6580 Lake Rd Unit 107 Windsor, WI.

What is the asking price?

The asking price for this property is $219,900.

What are key features of this property?

This property features: 1,250 SF commercial condominium unit; 14‑foot ceiling height with a 12‑by‑12‑foot overhead door; Finished drywall interior and 200‑amp electrical service