Commercial Multifamily
E11062 Center Road North Freedom, WI 53951
For Sale
$699,000
COMMERCIAL - North Freedom, WI
Property Size6,400 SF
Lot Size1.40 Acres
Price / SF$109.22
Days on Market29
Property Features for E11062 Center Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Commercial
- Security features
- Security Lighting
- Interior features
- Private Restrooms, Shared Restrooms, Residential unit(s), Shared conference room, Reception area, Internal sprinkler, Rail, Inside storage, Outside storage, Security lighting, Private office(s), Fire Alarm, Landscaped, Out Building, Shelving, Smoke Detectors
- Standard status
- Active
- APN
- 034-0782-00000
- Size
- 6,400 SF
- Lot size
- 1.40 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 13333
Building Details
- Year built
- 1995
- Number of units
- 12
- Roof type
- Shingle
- Additional Structures
- Storage
Listing Agency:
Judd Realty, LLC
(608) 524-9800
Listed By:
Karen Judd · License #5460790
(608) 524-9800
Added: Jun 26
Changed: Jul 23
Last Checked: Jul 24 at 9:06AM
MLS# 2012851
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 for-sale commercial multifamily property offers a 6,400 square-foot building on a 1.4-acre lot in North Freedom, Wisconsin. The interior includes flexible zoned spaces and features a fireplace, along with on-site laundry for residents. Storage is supported with dedicated storage rooms, and the property also includes additional storage units.
The property is located at E11062 Center Road in North Freedom (Sauk County). It is listed with commercial zoning.
With its combination of residential-style amenities and built-in storage, the property provides multiple in-place living and storage options within a single building footprint.
The property is located at E11062 Center Road in North Freedom (Sauk County). It is listed with commercial zoning.
With its combination of residential-style amenities and built-in storage, the property provides multiple in-place living and storage options within a single building footprint.
Key Highlights
- 6,400 sq ft commercial/multi‑family building built in 1995
- Multiple restroom setup with private restrooms and shared restrooms
- Reception area plus shared conference room and private office(s)
Financial Insights For Apartment 5plus
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 | $101.4k | $15.84 |
| − Vacancy | −$5.1k | −$0.79 |
| EGI | $96.3k | $15.05 |
| − OpEx | −$43.3k | −$6.77 |
| NOI | $53.0k | $8.28 |
6,400 SF · lease $15.84/SF/yr · vacancy 5.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$756.7K
$662.1K – $882.8K
NOI $52,969 @ 7.0% cap · market cap 7.58%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.30M
$1.13M – $1.51M
NOI $90,685 @ 7.0% cap · market cap 12.97%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Short term rental ...
FAQs
What type of property is this?
Apartment building - Commercially zoned multifamily building with a fireplace, on-site laundry, and dedicated storage rooms plus additional storage units.
Where is this apartment building located?
The property is located at E11062 Center Road North Freedom, WI.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 6,400 sq ft commercial/multi‑family building built in 1995; Multiple restroom setup with private restrooms and shared restrooms; Reception area plus shared conference room and private office(s)
