Warehouse Storage Unit with Overhead
For Sale
$99,900
730 Jefferson Street #B-1, Lake Mills, WI 53551
A compact storage space with electrical service, an on-site bathroom, and access to a shared community room.
Property Size600 SF
Price / SF$166.50
Days on Market51
Property Features for 730 Jefferson Street #B-1
General Information
Standard status
Active
Size
600 SF
Property subtype
Commercial
Zoning
Commerical
Additional Details
Property Use
Self Storage
Amenities
onsite bathroom
community room
Building Details
Building Size
600 SF
Year Built
2024
Units
12
Listing Agency:
Stark Company, Realtors
(608) 837-7345
Listed By:
Ryan Spiess
(608) 220-8584
Source:
Geigerrealtors
Added: Sep 4
Changed: Oct 23
Last Checked: Oct 23 at 2:11PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Unit B1 is a 600-square-foot warehouse storage space with electrical service and a 14-foot overhead door. The unit also has an on-site bathroom and access to a community room.
Built in 2024, the property is located at 730 Jefferson Street in Lake Mills, Wisconsin. Zoning is listed as “Commerical.”
Built in 2024, the property is located at 730 Jefferson Street in Lake Mills, Wisconsin. Zoning is listed as “Commerical.”
Key Highlights
- 600‑square‑foot storage unit
- 14‑foot overhead door
- Electrical service in the unit
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
—
—
no second resolved use
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.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
121
Businesses Nearby
Well-served
Demand for This Use
Explore this area
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
Market
Vacancy Rate% for Industrial in Midwest region
Similar Off Market Nearby
- Xtra Space Lake Mills — 730 Jefferson St, Lake Mills, WI 53551
- Lake Mills Self Storage — 7480 Co Rd V, Lake Mills, WI 53551
- Rock Lake Storage — 650 Owen St, Lake Mills, WI 53551
Frequently Asked Questions
What type of property is this?
Warehouse - A compact storage space with electrical service, an on-site bathroom, and access to a shared community room.
Where is this warehouse located?
The property is located at 730 Jefferson Street #B-1 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; 14‑foot overhead door; Electrical service in the unit
