Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    840 Carolina Street Sauk City, WI 53583

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $4,000,000

    38,500 SF facility, configured as an office building

    Property size:
    38,500 SF
    Lot size:
    0.88 Acres
    Price / SF:
    $103/SF
    Added:
    Jan 29, 2025
    Days on Market:
    450
    Last Refresh:
    Mar 16 at 9:06 am

    Property Features for 840 Carolina Street

    General Information

    Standard status
    Active
    Property type
    Other office properties, Office buildings, Office Units, Office properties & Spaces
    Size
    38,500 SF
    Elevators
    N/A
    Lot size
    0.88 Acres

    Building Details

    Buildings
    1
    Stories
    2

    We can help!

    Listing Contact
    Allison Thompson

    Listing agent Allison

    Listing office

    Listing date Jan 29, 2025

    Overview

    Sauk City Office Building Opportunity

    This 38,500 square foot facility is configured as an office building and presents an investment opportunity in Sauk City, Wisconsin. Located one block south of US Highway 12, the property has access to major transportation routes and is approximately 15 miles northwest of Madison and 20 miles south of Wisconsin Dells. The building sits on a nearly 8-acre lot, offering approximately 3.5 acres of surplus land. The M-G General Industrial District zoning allows for a variety of uses, including potential expansion of the existing office space or the development of complementary uses such as light industrial operations (manufacturing, assembly, warehousing, or distribution). The Village of Sauk City's zoning code also permits self-storage facilities on this site. The Sauk Prairie area boasts a population exceeding 20,000, with significant employers including Sauk Prairie Healthcare, Kraemer Brothers, Mueller Sports Medicine, and Culver's. The open layout of the existing building offers flexibility for various configurations to suit diverse business needs. This property offers potential for growth and adaptation to meet evolving market demands.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office properties & Spaces

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Sauk City
    County
    Sauk
    State
    Wisconsin
    Longitude
    -89.735415
    Latitude
    43.269093

    Nearby Similar for Sale

    • $389,000

      Downtown Landmark Building For Sale

      Architectural history in downtown Sauk City with flexible space.
      404 Phillips Boulevard, Sauk City, WI 53583
      View Details
    • $3,800,000
      1,862 SF

      Turnkey Dairy Farm Opportunity

      Ready-to-operate 750-cow dairy farm with updated facilities.
      E8985 County B Road, Sauk City, WI 53588
      View Details
    • $2,800,000

      Turnkey Dairy Farm with Equipment

      Turnkey dairy farm with milking equipment and multiple residences.
      E9450 B Road, Sauk City, WI 53583
      View Details
    • $3,424,600
      13,650 SF

      Sauk City Walgreens For Sale

      13,650 SF Walgreens on 1.37 acres for sale.
      333 Phillips Blvd, Sauk City, WI 53583
      View Details
    • $3,000,000
      38,500 SF

      Versatile Industrial Facility in Sauk

      38,500 SF facility on 8 acres near Madison.
      840 Carolina St, Sauk City, WI 53583
      View Details

    FAQs

    What type of property is this?
    Office property - 38,500 SF facility, configured as an office building
    Where is this office property located?
    The property is located at 840 Carolina Street Sauk City, WI.
    What is the asking price?
    The asking price for this property is $4,000,000.
    (608) 716-3796
    We can help!
    Listing Contact
    Allison Thompson
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!