Warehouse Shop Condo
County Road O Mineral Point, WI 53565
For Sale
$449,900
COMMERCIAL - Mineral Point, WI
Property Size3,000 SF
Lot Size0.10 Acres
Price / SF$149.97
Days on Market22
Property Features for County Road O
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Property condition
- Under Construction
- Zoning
- Com
- Interior features
- Truck dr(s) hgr than 15ft, Private Restrooms, Less than 440 volt, 3 phase electric
- Standard status
- Active
- APN
- 018-1047
- Size
- 3,000 SF
- Lot size
- 0.10 Acres
Taxes and HOA fees
- Tax Year
- 2025
Building Details
- Year built
- 2026
- Number of units
- 4
- Roof type
- Metal
Listing Agency:
RE/MAX Preferred
(608) 574-9145
Listed By:
Christina Weitzel · License #8555494
(608) 393-3330
Added: Jul 2
Changed: Jul 23
Last Checked: Jul 23 at 11:06PM
MLS# 2017155
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.
Newly built shop condo units designed for a wide range of business, workshop, and storage uses. Each unit features a durable steel frame with a modern single-slope roof, 30' front walls and 25' rear walls, and continuous metal interior construction. Interior amenities include radiant in-floor heat, high-speed internet, interior water spigots, and insulated envelope with R-36 ceiling and R-32 wall insulation. Units also include a finished bathroom with a storage mezzanine and baseboard heat in the bathroom, along with a maintenance-free steel exterior. Access is provided by a 14' x 14' insulated overhead door with windows and a Bluetooth opener. Each unit includes a 200-amp three-phase electrical service and additional insulation throughout.
The property is located just off Exit 37 in Mineral Point with easy highway access and visibility.
Available unit sizes are listed as 25' x 60' and 50' x 60'.
The property is located just off Exit 37 in Mineral Point with easy highway access and visibility.
Available unit sizes are listed as 25' x 60' and 50' x 60'.
Key Highlights
- New shop condos under construction, built in 2026, with durable steel frame and a metal single‑slope roof
- Two size options: 25' x 60' and 50' x 60' units
- Each unit includes radiant in‑floor heat and 200‑amp three‑phase electric 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 | $39.6k | $13.20 |
| − Vacancy | −$1.2k | −$0.40 |
| EGI | $38.4k | $12.80 |
| − OpEx | −$13.4k | −$4.48 |
| NOI | $25.0k | $8.32 |
3,000 SF · lease $13.20/SF/yr · vacancy 3.00% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$356.7K
$312.1K – $416.1K
NOI $24,968 @ 7.0% cap · market cap 5.55%
Second Best
Warehouse
$274.8K
$240.4K – $320.6K
NOI $19,234 @ 7.0% cap · market cap 4.28%
Theoretical Best
Office A
$876.3K
$766.8K – $1.02M
NOI $61,344 @ 7.0% cap · market cap 13.64%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
FAQs
What type of property is this?
Flex space - Newly built shop/warehouse condo units include radiant in-floor heat and a 14' x 14' insulated overhead door.
Where is this flex space located?
The property is located at County Road O Mineral Point, WI.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: New shop condos under construction, built in 2026, with durable steel frame and a metal single‑slope roof; Two size options: 25' x 60' and 50' x 60' units; Each unit includes radiant in‑floor heat and 200‑amp three‑phase electric service
