Flex Space with Workshop
For Sale
$449,900
County Road O, Mineral Point, WI 53565
COMMERCIAL - Mineral Point, WI
Property Size3,000 SF
Lot Size0.10 Acres
Price / SF$149.97
Days on Market35
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
Lot features
Corner, Industrial park, Near Major Highway
Directions
Turn on CTY RD O by Peter Built. The home sits on the right that is black and the contractor units are behind that.
Subdivision
MINERAL POINT - C
Standard status
Active
APN
018-1047
Size
3,000 SF
Lot size
0.10 Acres
Taxes and HOA fees
Tax Year
2025
Amenities
high-speed internet
Building Details
Year built
2026
Number of units
4
Roof type
Metal
Listing Agency:
RE/MAX Preferred · RE/MAX International
(608) 574-9145
Listed By:
Christina Weitzel · License #8555494
(608) 393-3330
Added: Jul 2
Changed: Aug 5
Last Checked: Aug 5 at 5:06PM
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.
This under-construction flex property provides 3,000 square feet within a newly developed shop-condo format. The building uses a steel frame, metal roof, and maintenance-free steel exterior, with a single-slope design, 30-foot front walls, and 25-foot rear walls. Interior features include radiant in-floor heat, a finished bathroom, storage mezzanine, continuous metal lining, and a 14-by-14-foot insulated overhead door with windows and Bluetooth operation.
The space is zoned Com and includes 200-amp, three-phase electrical service, high-speed internet, interior water spigots, and baseboard heat in the bathroom. R-36 ceiling insulation and R-32 wall insulation support the building envelope, while recycled asphalt driveways serve the property. The development is located just off Exit 37 in Mineral Point, providing highway access and visibility. Available unit configurations include 25-by-60-foot and 50-by-60-foot layouts.
The space is zoned Com and includes 200-amp, three-phase electrical service, high-speed internet, interior water spigots, and baseboard heat in the bathroom. R-36 ceiling insulation and R-32 wall insulation support the building envelope, while recycled asphalt driveways serve the property. The development is located just off Exit 37 in Mineral Point, providing highway access and visibility. Available unit configurations include 25-by-60-foot and 50-by-60-foot layouts.
Key Highlights
- 3,000‑square‑foot flex space under construction with 2026 year built
- 14' x 14' insulated overhead door with windows and Bluetooth opener
- 200‑amp three‑phase 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 | $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
Office B
$723.0K
$632.6K – $843.5K
NOI $50,609 @ 7.0% cap · market cap 11.25%
Second Best
Flex RnD
$356.7K
$312.1K – $416.1K
NOI $24,968 @ 7.0% cap · market cap 5.55%
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 authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
3
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 53565, WI
4,899
Population
2,026
Households
2.4
Avg Household Size
45
Median Age
31%
College-Educated
95%
High-School Grad
186.0 sq mi
ZIP Area
26
Density / Sq Mi
$81,362
Median Household Income
$47,060
Median Earnings
$805
Median Rent
$254,200
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 - Under-construction commercial space combines a shop setting with office, storage, and hobby-use flexibility.
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: 3,000‑square‑foot flex space under construction with 2026 year built; 14' x 14' insulated overhead door with windows and Bluetooth opener; 200‑amp three‑phase electrical service
