Self-Storage Unit with Overhead
For Sale
$99,900
730 Jefferson, Lake Mills, WI 53551
Newly built unit includes electrical service, bathroom access, and use of a community room.
Property Size600 SF
Price / SF$166.50
Days on Market75
Property Features for 730 Jefferson
General Information
Standard status
Active
Size
600 SF
Property subtype
Commercial
Additional Details
Self-Storage Units
1
Amenities
onsite bathroom
community room
Building Details
Year Built
2024
Listing Agency:
Stark Company, REALTORS
Listed By:
Ryan Spiess
(608) 220-8584
Source:
Madisonareahomelistings
Added: Aug 16
Changed: Oct 25
Last Checked: Oct 28 at 8:37AM
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 Stark Company, REALTORS
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Investment Insights
Based on property information with market context.
Unit B1 is a 600-square-foot self-storage facility completed in 2024. The 20-by-30-foot unit includes a 14-foot overhead door, electrical service, and access to an onsite bathroom and community room.
Located at 730 Jefferson in Lake Mills, Wisconsin, the property offers a functional storage configuration with dedicated interior space and shared amenities.
Located at 730 Jefferson in Lake Mills, Wisconsin, the property offers a functional storage configuration with dedicated interior space and shared amenities.
Key Highlights
- 600‑square‑foot storage unit
- 20 x 30 unit configuration
- 14‑foot overhead door
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$6,637
Cap Rate
6.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$132,740
$132.7K
Cap Rate 7%
$94,814
$94.8K
Cap Rate 9%
$73,744
$73.7K
Market Conditions
NOI Build-Up for 600 SF
Gross rent
$8.3K $13.80/SF
− Vacancy
−$472 −$0.79/SF
EGI
$7.8K $13.01/SF
− OpEx
−$1.2K −$1.95/SF
NOI
$6.6K $11.06/SF
Area
Jefferson County, WI
Vacancy
5.70%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$132,740
Cap Rate 7%
$94,814
Cap Rate 9%
$73,744
Alternative Uses
Best Use
Warehouse
$94.8K
$83.0K – $110.6K
NOI $6,637 @ 7.0% cap · market cap 6.64%
Second Best
Self Storage
$66.2K
$58.0K – $77.3K
NOI $4,637 @ 7.0% cap · market cap 4.64%
Theoretical Best
Office A
$140.8K
$123.2K – $164.3K
NOI $9,858 @ 7.0% cap · market cap 9.87%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
121
Businesses Nearby
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Business Placement
Demographics for 53551, WI
8,920
Population
4,048
Households
2.2
Avg Household Size
41
Median Age
45%
College-Educated
96%
High-School Grad
39.6 sq mi
ZIP Area
225
Density / Sq Mi
$89,841
Median Household Income
$53,503
Median Earnings
$1,089
Median Rent
$322,700
Median Home Value
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Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Self storage facility - Newly built unit includes electrical service, bathroom access, and use of a community room.
Where is this self storage facility located?
The property is located at 730 Jefferson Lake Mills, WI.
What is the asking price?
The asking price for this property is $99,900.
What are key features of this property?
This property features: 600‑square‑foot storage unit; 20 x 30 unit configuration; 14‑foot overhead door
