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Flex Space with Showrooms
For Sale
$865,000

E4783 Hwy 14 Road, Spring Green, WI 53588

Business/Comm, Spring Green, WI

Property Size10,200 SF
Lot Size1.46 Acres
Price / SF$84.80
Days on Market109

Property Features for E4783 Hwy 14 Road

General Information

Property type Commercial Sale
Property subtype Other
Zoning commercial
Interior features Overhead doors, Public rest rooms, Private Restrooms, Inside storage, Outside storage, 200 AMP, Garage Door Opener, Gas Hot Water Heater
Lot features High Traffic Location, High Visibility
Directions Hwy 14. Spring Green, WI. Just West of Hwy 23 & Hwy 14 intersection.
Subdivision SPRING GREEN - T
Standard status Active
APN 032-0615-10100
Size 10,200 SF
Lot size 1.46 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 8418

Building Details

Year built 1996
Number of units 4
Roof type Metal
Additional Structures Storage
Listing Agency: Driftless Area LLC
Listed By: Mark Mahoney
Added: Jun 30 Changed: Sep 30 Last Checked: Oct 16 at 3:06PM
MLS# 2021677

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.

This flex property contains approximately 10,200 square feet within a combination of showroom and warehouse areas. Two front display rooms measure about 1,500 square feet each and share a bathroom, while separate rear warehouse areas provide approximately 3,000 and 4,200 square feet. Each warehouse includes a 12-inch overhead door, hanging Reznor heat, and separately metered 200-amp electric service. One warehouse also has a private bathroom with shower, a storage room, and additional overhead storage. The building has a metal roof, gas hot water, public and private restrooms, and interior and exterior storage features.

Set on 1.46 acres along Hwy 14 at the edge of Spring Green, the property includes a blacktop driveway and front parking area. Commercial zoning and the building’s separation between display and warehouse functions support continued showroom-oriented use or leasing portions independently. Built in 1996, the property is currently used as a furniture and flooring store.

Key Highlights

  • Approximately 10,200 SF building on 1.46 acres
  • Two front display rooms of approximately 1,500 SF each
  • Rear warehouse areas of approximately 3,000 SF and 4,200 SF

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$58,578
Cap Rate
6.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,171,560 $1.2M
Cap Rate 7%
$836,829 $836.8K
Cap Rate 9%
$650,867 $650.9K
Market Conditions
NOI Build-Up for 10,200 SF
Gross rent
$96.7K $9.48/SF
− Vacancy
−$6.6K −$0.64/SF
EGI
$90.1K $8.84/SF
− OpEx
−$31.5K −$3.09/SF
NOI
$58.6K $5.74/SF
Area
Sauk County, WI
Vacancy
6.80%
Lease Rate
$9.48 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,171,560
Cap Rate 7%
$836,829
Cap Rate 9%
$650,867

Alternative Uses

Best Use
Retail
$1.47M
$1.29M – $1.71M (±1% cap)
NOI $102,816 @ 7.0% cap · market cap 11.89%
Second Best
Flex RnD
$836.8K
$732.2K – $976.3K (±1% cap)
NOI $58,578 @ 7.0% cap · market cap 6.77%
Theoretical Best
Office A
$2.06M
$1.81M – $2.41M (±1% cap)
NOI $144,530 @ 7.0% cap · market cap 16.71%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Flex space

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

37
Businesses Nearby
Well-served
Demand for This Use

Demographics for 53588, WI

4,139
Population
1,944
Households
2.1
Avg Household Size
50
Median Age
32%
College-Educated
95%
High-School Grad
139.9 sq mi
ZIP Area
30
Density / Sq Mi
$88,359
Median Household Income
$47,407
Median Earnings
$956
Median Rent
$273,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025

Frequently Asked Questions

What type of property is this?
Flex space - Commercially zoned property combines customer-facing display areas, warehouse space, and the possibility of leasing sections separately.
Where is this flex space located?
The property is located at E4783 Hwy 14 Road Spring Green, WI.
What is the asking price?
The asking price for this property is $865,000.
What are key features of this property?
This property features: Approximately 10,200 SF building on 1.46 acres; Two front display rooms of approximately 1,500 SF each; Rear warehouse areas of approximately 3,000 SF and 4,200 SF
More about this property
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