Building Details

Year Built 2026

Listing Agency: Keller Williams Lake Country

Listed By: Greg Wagner Show Phone

Source: Holtrealestateteam

Added: Aug 7 Changed: Oct 9 Last Checked: Oct 7 at 2:26PM

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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 flex space condominium was built in 2026 for small-business operations, contractor use, hobby activities, and storage of cars, boats, or RVs. The unit includes a 14-foot ceiling, 12-by-12-foot overhead door, finished drywall, 200-amp electrical service, and an energy-efficient building design. High-speed data is available.

Unit 108 is in Building 4 at Freedom Storage Shops, a development with two condominium units per building. The property is located on Lake Rd in Windsor, WI, one mile north of the interstate. Unit 107 may be purchased separately, while Units 107 and 108 may also be acquired together as the full building.

Key Highlights

• 1,250 SF flex space condominium in Building 4, Unit 108
• Built in 2026 with a 14' ceiling and 12x12 overhead door
• Finished drywall interior with 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

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 - New commercial unit accommodates small businesses, contractors, hobbies, and vehicle storage.

Where is this flex space located?

The property is located at 6580 Lake Rd Unit 108 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 flex space condominium in Building 4, Unit 108; Built in 2026 with a 14' ceiling and 12x12 overhead door; Finished drywall interior with 200 amp electrical service