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    Mondovi Commercial/Industrial Turnkey Property Title is generated by Realmo AI

    860 Gaylord Avenue, Mondovi, WI 54755

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    Claim this Listing
    New
    For Sale
    $999,500

    COMMERCIAL - Mondovi, WI

    Property size:
    8,160 SF
    Lot size:
    3.12 Acres
    Price / SF:
    $122/SF
    Added:
    May 26, 2026
    Days on Market:
    6
    Last Refresh:
    May 31 at 8:06 am

    Property Features for 860 Gaylord Avenue

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Interior features
    HandicapAccess, Storage
    Exterior features
    Lighting
    Accessibility
    Accessible Approach with Ramp
    Standard status
    Active
    APN
    251-01424-0120
    Size
    8,160 SF
    Lot size
    3.12 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    Lengthy
    Tax Annual Amount
    7367

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Radiant, Forced Air, Radiant Floor, Zoned
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    2021
    Building materials
    Steel
    Additional Structures
    Storage

    We can help!

    Listing Contact
    Lori Seipel

    Listing agent Lori Seipel License #54041-94

    Listing office eXp Realty LLC 8383 Greenway Blvd., Ste. 600, Middleton, WI

    Listing date May 26, 2026

    MLS# 1601320

    Copyright © 2026 REALTORS® Association of Northwestern Wisconsin. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Built in 2021: Modern, efficient commercial/light industrial facility.
    • 8160 sq ft building on 3.12 acres in Mondovi's Industrial Park.
    • Upscale office wing: Features reception, 4 offices, conference room, kitchenette, in‑floor heat, and 10' ceilings.
    • Heated/AC main shop: 60x64, with 5 oversized doors, 6" concrete, racking, drainage, and air lines.
    • 60x48 heated/insulated warehouse: Flexible storage or expansion space.
    • ADA compliant, energy‑efficient: Dense insulation, steel exterior, upgraded mechanical systems.

    Overview

    This commercial and light industrial facility, constructed in 2021, is located on 3.12 acres within Mondovi's Industrial Park. The 8,160 square foot building is designed to accommodate a range of commercial operations. The front office and reception area features a modern design, a covered entrance, a waiting area, four private offices, a conference room, a kitchenette, and a mechanical room. It includes in-floor heat, luxury vinyl plank flooring, and 10-foot ceilings. The main shop area measures 60x64 and is fully heated and air-conditioned. It is equipped with five oversized overhead doors, 6-inch thick concrete floors, structural racking, trench drainage, compressed air lines, fresh air handling systems, and heavy-duty insulated overhead doors. An attached 60x48 heated and insulated warehouse/cold storage space provides additional flexibility for equipment storage, inventory, seasonal operations, or future business growth. The property is ADA compliant and includes dense packed insulation, R-50 attic insulation, textured steel exterior, boxed fascia, seamless steel gutters, concrete aprons, and upgraded mechanical systems with two furnaces, two A/C units, and an additional warehouse heater. It is suitable for contractors, fleet operators, fabrication businesses, service companies, or industrial users.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Mondovi
    County
    Dunn
    State
    Wisconsin
    Longitude
    -91.656252
    Latitude
    44.58456

    Nearby Similar for Sale

    • $999,500
      8,160 SF

      Turnkey Commercial/Industrial Facility

      Modern commercial and light industrial facility built in 2021.
      860 Gaylord Avenue, Mondovi, WI 54755
      View Details
    • $325,000

      Mondovi Acreage with New Buildings

      18.11 acre parcel with new buildings near Mondovi, WI.
      90th Avenue, Mondovi, WI 54755
      View Details

    FAQs

    What type of property is this?
    Flex space - Exceptional commercial and light industrial facility built in 2021.
    Where is this flex space located?
    The property is located at 860 Gaylord Avenue Mondovi, WI.
    What is the asking price?
    The asking price for this property is $999,500.
    What are key features of this property?
    This property features: Built in 2021: Modern, efficient commercial/light industrial facility.; 8160 sq ft building on 3.12 acres in Mondovi's Industrial Park.; Upscale office wing: Features reception, 4 offices, conference room, kitchenette, in‑floor heat, and 10' ceilings.
    (715) 577-1253
    We can help!
    Listing Contact
    Lori Seipel
    Real Estate License ID: 54041-94
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    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
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