Storage-Workspace Condo
7645 Grinde Road De Forest, WI 53532
For Sale
$219,900
COMMERCIAL - DeForest, WI
Property Size1,500 SF
Lot Size0.12 Acres
Price / SF$146.60
Days on Market81
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 Agency:
Realty Executives Cooper Spransy
(608) 661-7900
Listed By:
Kim Elton · License #3724294
(608) 512-7836
Added: May 4
Changed: Jul 23
Last Checked: Jul 23 at 9:06PM
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 storage/workspace condo unit is designed for flexible use, with insulated walls and a 12' x 14' motorized overhead door. The exterior is built with LP SmartSide, and the unit is described as 60' deep, providing dedicated space for storage and light work.
The property is located at 7645 Grinde Road in DeForest, Wisconsin, within a Windsor-DeForest development referenced as Phases 3 and 4. The offering is part of a condominium arrangement, with a stated low monthly condo fee per unit that includes exterior maintenance, snow removal, and insurance.
Units are sized at approximately 1,500 square feet each in the materials provided, and the property information notes that additional space can be created by combining units for larger totals. Optional custom build-outs such as an office, bathroom, or mezzanine are mentioned as available for individual units.
The property is located at 7645 Grinde Road in DeForest, Wisconsin, within a Windsor-DeForest development referenced as Phases 3 and 4. The offering is part of a condominium arrangement, with a stated low monthly condo fee per unit that includes exterior maintenance, snow removal, and insurance.
Units are sized at approximately 1,500 square feet each in the materials provided, and the property information notes that additional space can be created by combining units for larger totals. Optional custom build-outs such as an office, bathroom, or mezzanine are mentioned as available for individual units.
Key Highlights
- 1,500 SF storage/workspace condo units in Windsor–DeForest (Phases 3 & 4), with 60' deep spaces
- New construction (Year built: 2025) with composition roof and insulated walls
- Includes a 12' x 14' motorized overhead door plus security lighting and overhead doors
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 - Industrial storage/workspace condo with insulated walls and a 12' x 14' motorized 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: 1,500 SF storage/workspace condo units in Windsor–DeForest (Phases 3 & 4), with 60' deep spaces; New construction (Year built: 2025) with composition roof and insulated walls; Includes a 12' x 14' motorized overhead door plus security lighting and overhead doors
