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Storage and Workspace Condo Unit

7645 Grinde Road De Forest, WI 53532

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

COMMERCIAL - DeForest, WI

Property Size1,500 SF
Lot Size0.12 Acres
Price / SF$146.60
AddedJul 8
Days on Market8
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 Under Contract
APN
0910-054-6043-1
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 Jul 8, 2026

MLS# 2007913

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.

Sought-after storage/workspace condo units are available in Windsor-DeForest (Phases 3 and 4). Each unit is described as spacious, with a depth of 60 feet, and is built with LP SmartSide exterior and insulated walls. Units include a 12' x 14' motorized overhead door, supporting straightforward access for storage and work uses.

The property is located at 7645 Grinde Road in DeForest, Wisconsin (Dane County). If additional space is needed, multiple units can be combined, with the listing noting combination capacity up to 4,500 square feet.

Condo ownership includes a low $100 per month condo fee per unit covering exterior maintenance, snow removal, and insurance, according to the listing remarks. Optional build-outs are mentioned for customizing a unit with an office, bathroom, or mezzanine.

Key Highlights

  • Under construction 2025 storage/workspace condos in Windsor‑DeForest (Phases 3 & 4)
  • Each condo unit offers 1,500 SF with 60' depth for storage or workspace use
  • Includes a 12' x 14' motorized overhead door plus overhead doors and security lighting

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 - Flexible storage/workspace condo units feature insulated walls and a motorized 12' x 14' overhead door.
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 condos in Windsor‑DeForest (Phases 3 & 4); Each condo unit offers 1,500 SF with 60' depth for storage or workspace use; Includes a 12' x 14' motorized overhead door plus overhead doors and security lighting
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