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Storage-Workspace Flex Condo Unit

7645 Grinde Road De Forest, WI 53532

7645 Grinde Road, De Forest, WI, 53532
$219,900
For Sale
Claim this Listing
$219,900

COMMERCIAL - DeForest, WI

Property Size1,500 SF
Lot Size0.12 Acres
Price / SF$146.60
AddedMay 4
Days on Market73
Last RefreshJul 15 at 3:06 pm

Property Features for 7645 Grinde Road

General Information

Property type
Commercial Sale
Property subtype
Other
Property condition
Under Construction
Zoning
Commercial
Security features
Security Lighting
Interior features
Overhead doors, Truck dr(s) 15ft or lower, Security lighting
Standard status
Active
APN
0910-054-6032-1
Size
1,500 SF
Lot size
0.12 Acres

Taxes and HOA fees

Tax Year
2025

Building Details

Year built
2025
Number of units
4
Roof type
Composition

Listing agent Kim Elton License #37242-94

Listing office Realty Executives Cooper Spransy 5940 Seminole Centre Ct Ste 310, Madison, WI

Listing date May 4, 2026

MLS# 2007912

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 for-sale flex storage/workspace condo unit is offered as part of Windsor–DeForest phases 3 and 4. The unit size is listed at 1,500 square feet and is described as 60 feet deep. Construction features include LP SmartSide exterior and insulated walls, along with a 12' x 14' motorized overhead door.

The property is located at 7645 Grinde Road in DeForest, Wisconsin, and is zoned Commercial. The condominium concept allows for customization, with optional office, bathroom, or mezzanine build-outs noted in the remarks. For larger needs, units may be combined for up to 4,500 square feet.

A low condo fee is referenced in the remarks and is described as covering exterior maintenance, snow removal, and insurance.

Key Highlights

  • Under construction 2025 storage/workspace condo in Windsor‑DeForest (phases 3 & 4)
  • 1,500 SF per unit (60' deep) with insulated walls
  • 12' x 14' motorized overhead door and overhead doors; security lighting included

Local 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 $21.6k $14.40
− Vacancy −$562 −$0.37
EGI $21.0k $14.03
− OpEx −$3.2k −$2.10
NOI $17.9k $11.92
1,500 SF · lease $14.40/SF/yr · vacancy 2.60% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$255.5K
$223.5K – $298.1K (±1% cap)
NOI $17,883 @ 7.0% cap · market cap 8.13%
Second Best
Industrial
$210.4K
$184.1K – $245.5K (±1% cap)
NOI $14,727 @ 7.0% cap · market cap 6.70%
Theoretical Best
Office A
$348.6K
$305.0K – $406.7K (±1% cap)
NOI $24,400 @ 7.0% cap · market cap 11.10%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Deforest Storage LLC Construction Company

Suggested Use

Building Supply HVAC Service Plumbing Service Auto Parts Store Storage Facility (Bike/Boat/Book/etc) Store Pharmacy Kitchen & Bath Showroom Veterinary Clinic Hair Salon

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Flex space - Flex storage/workspace condo featuring a 12' x 14' motorized overhead door and insulated walls for adaptable use.
Where is this flex space located?
The property is located at 7645 Grinde Road De Forest, 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: Under construction 2025 storage/workspace condo in Windsor‑DeForest (phases 3 & 4); 1,500 SF per unit (60' deep) with insulated walls; 12' x 14' motorized overhead door and overhead doors; security lighting included
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