Storage and Workspace
7645 Grinde Road De Forest, WI 53532
For Sale
Under Contract
$219,900
COMMERCIAL - DeForest, WI
Property Size1,500 SF
Lot Size0.12 Acres
Price / SF$146.60
Days on Market16
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 Agency:
Realty Executives Cooper Spransy
(608) 661-7900
Listed By:
Kim Elton · License #3724294
(608) 512-7836
Added: Jul 8
Changed: Jul 23
Last Checked: Jul 23 at 7:06PM
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.
This for-sale storage/workspace condo is designed as flexible, private space within a condo configuration. Each unit offers approximately 1,500 square feet with a 60-foot depth, insulated walls, and LP SmartSide exterior construction. The property includes a 12' x 14' motorized overhead door, with the option to add a customized office, bathroom, or mezzanine build-out. Larger needs can be accommodated by combining units for up to 4,500 square feet.
The units are located at 7645 Grinde Road in DeForest, Wisconsin, within Windsor–DeForest Phases 3 and 4. The listing notes a low monthly condo fee per unit that covers exterior maintenance, snow removal, and insurance.
Zoned Commercial, this property is intended for ownership of adaptable storage/workspace units in a phased condo setting.
The units are located at 7645 Grinde Road in DeForest, Wisconsin, within Windsor–DeForest Phases 3 and 4. The listing notes a low monthly condo fee per unit that covers exterior maintenance, snow removal, and insurance.
Zoned Commercial, this property is intended for ownership of adaptable storage/workspace units in a phased condo setting.
Key Highlights
- New construction 1,500 SF storage/workspace condo units built in 2025
- 12' x 14' motorized overhead door plus overhead doors and security lighting
- Insulated walls with LP SmartSide exterior; roof type is composition
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
NOI $17,883 @ 7.0% cap · market cap 8.13%
Second Best
Industrial
$210.4K
$184.1K – $245.5K
NOI $14,727 @ 7.0% cap · market cap 6.70%
Theoretical Best
Office A
$348.6K
$305.0K – $406.7K
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
FAQs
What type of property is this?
Flex space - Flex-style storage/workspace condo with a motorized overhead door and insulated walls.
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: New construction 1,500 SF storage/workspace condo units built in 2025; 12' x 14' motorized overhead door plus overhead doors and security lighting; Insulated walls with LP SmartSide exterior; roof type is composition
