Self-Storage Unit with Overhead
For Sale
$99,900
B-1-730 Jefferson St, Lake Mills, WI 53551
Commercial storage space includes electrical service, an onsite bathroom, and access to a shared community room.
Property Size600 SF
Price / SF$166.50
Days on Market52
Property Features for B-1-730 Jefferson St
General Information
Standard status
Active
Size
600 SF
Additional Details
Utilities to Site
Yes
Taxes and HOA fees
Annual Taxes
$563
Amenities
onsite bathroom
community room
Listing Agency:
Stark Company, REALTORS
(608) 837-7345
Listed By:
Ryan Spiess
(608) 220-8584
Source:
Exprealty
Added: Sep 8
Changed: Oct 26
Last Checked: Oct 28 at 11:53AM
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 Stark Company, REALTORS
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Unit B1 is a self-storage facility offering a 20 x 30 storage unit with a 14-foot overhead door. The space includes electrical service for operational convenience, while an onsite bathroom and community room provide shared amenities.
The property is located at B-1-730 Jefferson St in Lake Mills, Wisconsin 53551. This offering combines dedicated storage space with practical building features suited to commercial storage use.
The property is located at B-1-730 Jefferson St in Lake Mills, Wisconsin 53551. This offering combines dedicated storage space with practical building features suited to commercial storage use.
Key Highlights
- 20 x 30 storage unit
- 14‑foot overhead door
- Electrical service within the unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$6,637
Cap Rate
6.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$132,740
$132.7K
Cap Rate 7%
$94,814
$94.8K
Cap Rate 9%
$73,744
$73.7K
Market Conditions
NOI Build-Up for 600 SF
Gross rent
$8.3K $13.80/SF
− Vacancy
−$472 −$0.79/SF
EGI
$7.8K $13.01/SF
− OpEx
−$1.2K −$1.95/SF
NOI
$6.6K $11.06/SF
Area
Jefferson County, WI
Vacancy
5.70%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$132,740
Cap Rate 7%
$94,814
Cap Rate 9%
$73,744
Alternative Uses
Best Use
Warehouse
$94.8K
$83.0K – $110.6K
NOI $6,637 @ 7.0% cap · market cap 6.64%
Second Best
Self Storage
$66.2K
$58.0K – $77.3K
NOI $4,637 @ 7.0% cap · market cap 4.64%
Theoretical Best
Office A
$140.8K
$123.2K – $164.3K
NOI $9,858 @ 7.0% cap · market cap 9.87%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
197
Businesses Nearby
Explore this area
Business Placement
Demographics for 53551, WI
8,920
Population
4,048
Households
2.2
Avg Household Size
41
Median Age
45%
College-Educated
96%
High-School Grad
39.6 sq mi
ZIP Area
225
Density / Sq Mi
$89,841
Median Household Income
$53,503
Median Earnings
$1,089
Median Rent
$322,700
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Self storage facility - Commercial storage space includes electrical service, an onsite bathroom, and access to a shared community room.
Where is this self storage facility located?
The property is located at B-1-730 Jefferson St Lake Mills, WI.
What is the asking price?
The asking price for this property is $99,900.
What are key features of this property?
This property features: 20 x 30 storage unit; 14‑foot overhead door; Electrical service within the unit
