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Short-Term Rental Property with Storage
For Sale
$699,000

E11062 Center Road, North Freedom, WI 53951

Business/Comm, North Freedom, WI

Property Size6,400 SF
Lot Size1.40 Acres
Price / SF$109.22
Days on Market47

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
Lot features Corner, Free standing, Near Major Highway, Residential area
Directions Hwy 12 between Baraboo & Sauk City, West on Center Road, left on Center Road, Right on Eastern Avenue
Subdivision SUMPTER - T
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

Amenities

fireplace
on-site laundry
storage rooms
storage units

Building Details

Year built 1995
Number of units 12
Roof type Shingle
Additional Structures Storage
Listing Agency: Judd Realty, LLC
Listed By: Karen Judd · License #5460790
Added: Aug 31 Changed: Oct 14 Last Checked: Oct 16 at 7:06AM
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.

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Investment Insights

Based on property information with market context.

Built in 1995, this 6,400-square-foot property sits on 1.4 acres and is classified for commercial zoning. Residential unit space is complemented by a fireplace, laundry facilities, and dedicated interior storage, along with separate storage units. Interior features also include private and shared restrooms, a reception area, and a shared conference room.

The site is in North Freedom, Sauk County, Wisconsin. Additional property features include an outbuilding, security lighting, fire alarm, and smoke detectors.

Key Highlights

  • 6,400‑square‑foot property on 1.4 acres
  • Commercial zoning
  • Residential unit space with fireplace and on‑site laundry

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$52,969
Cap Rate
7.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,059,380 $1.1M
Cap Rate 7%
$756,700 $756.7K
Cap Rate 9%
$588,544 $588.5K
Market Conditions
NOI Build-Up for 6,400 SF
Gross rent
$101.4K $15.84/SF
− Vacancy
−$5.1K −$0.79/SF
EGI
$96.3K $15.05/SF
− OpEx
−$43.3K −$6.77/SF
NOI
$53.0K $8.28/SF
Area
Sauk County, WI
Vacancy
5.00%
Lease Rate
$15.84 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,059,380
Cap Rate 7%
$756,700
Cap Rate 9%
$588,544

Alternative Uses

Best Use
Apartment 5plus
$756.7K
$662.1K – $882.8K (±1% cap)
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 (±1% cap)
NOI $90,685 @ 7.0% cap · market cap 12.97%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Short term rental ...

Suggested Use

Top Pick Fish Market Food Market Storage Facility Adult Day Care Farmer's Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

24
Businesses Nearby

Demographics for 53951, WI

2,291
Population
1,119
Households
2
Avg Household Size
42
Median Age
17%
College-Educated
91%
High-School Grad
73.0 sq mi
ZIP Area
31
Density / Sq Mi
$70,729
Median Household Income
$38,250
Median Earnings
$910
Median Rent
$186,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Short term rental property - The property combines residential accommodations with a fireplace, on-site laundry, and separate storage space.
Where is this short term rental property 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‑square‑foot property on 1.4 acres; Commercial zoning; Residential unit space with fireplace and on‑site laundry
More about this property
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