Flex Space with Heated Office and Utility
For Sale
Contact for pricing
8879 County Road ID, Blue Mounds, WI 53517
Heated office space plus an attached utility wing with fiber internet, septic, and independent electrical service.
Property Size4,000 SF
Lot Size2.00 Acres
Price / SF$106.25
Days on Market9
Property Features for 8879 County Road ID
General Information
Standard status
Active
Size
4,000 SF
Lot size
2.00 Acres
Property subtype
Special Purpose
Site & Location
Highway Access
Yes
Utilities to Site
Yes
Amenities
fiber internet
kitchen
full bath
reception area
Building Details
Year Built
1997
Buildings
1
Listing Agency:
True Blue Real Estate
(608) 467-5201
Listed By:
Anne Larson · License #WI 90-58518
Source:
Crexi
Added: Jul 22
Changed: Jul 30
Last Checked: Jul 30 at 11:44AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of True Blue Real Estate
Investment Insights
Based on property information with market context.
This flex space property includes heated office space with a reception area, multiple private offices, a kitchen, and a full bath. It also features fiber internet, private septic, and access to a joint well. An attached utility wing offers additional flexibility with hot and cold water, a separate bathroom, and independent electrical service, which can support storage, workspace, or specialty uses.
The offering includes a proposed 2-acre parcel with room for parking, equipment storage, outdoor operations, and future expansion or additional business use. The property is described as being just minutes from Blue Mounds, Barneveld, and Highway 18/151.
The building was built in 1997. A parcel split and zoning will be completed upon accepted offer; buyers should verify intended use with Iowa County.
The offering includes a proposed 2-acre parcel with room for parking, equipment storage, outdoor operations, and future expansion or additional business use. The property is described as being just minutes from Blue Mounds, Barneveld, and Highway 18/151.
The building was built in 1997. A parcel split and zoning will be completed upon accepted offer; buyers should verify intended use with Iowa County.
Key Highlights
- Proposed 2‑acre parcel with space for parking, equipment storage, outdoor operations, and future expansion
- Heated office space with reception area, multiple private offices, kitchen, and full bath
- Attached utility wing with hot and cold water, a separate bathroom, and independent electrical service
Financial Insights For Flex RnD
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 | $57.6k | $14.40 |
| − Vacancy | −$5.1k | −$1.28 |
| EGI | $52.5k | $13.12 |
| − OpEx | −$18.4k | −$4.59 |
| NOI | $34.1k | $8.53 |
4,000 SF · lease $14.40/SF/yr · vacancy 8.90% · expense 35.00%
Alternative Uses
Best Use
Office B
$790.6K
$691.7K – $922.3K
NOI $55,339 @ 7.0% cap · market cap 13.02%
Second Best
Industrial
$561.0K
$490.9K – $654.5K
NOI $39,272 @ 7.0% cap · market cap 9.24%
Theoretical Best
Office A
$929.5K
$813.3K – $1.08M
NOI $65,066 @ 7.0% cap · market cap 15.31%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
70
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 53517, WI
1,892
Population
834
Households
2.3
Avg Household Size
44
Median Age
35%
College-Educated
97%
High-School Grad
45.9 sq mi
ZIP Area
41
Density / Sq Mi
$74,722
Median Household Income
$46,030
Median Earnings
$1,133
Median Rent
$410,600
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Heated office space plus an attached utility wing with fiber internet, septic, and independent electrical service.
Where is this flex space located?
The property is located at 8879 County Road ID Blue Mounds, WI.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Proposed 2‑acre parcel with space for parking, equipment storage, outdoor operations, and future expansion; Heated office space with reception area, multiple private offices, kitchen, and full bath; Attached utility wing with hot and cold water, a separate bathroom, and independent electrical service
