Flex Warehouse and Retail
E4783 Us Highway 14 And 60 Spring Green, WI
E4783 Us Highway 14 And 60, Spring Green, WI, 00000
$865,000
For Sale
$865,000
Combination retail display rooms and two warehouse spaces with overhead doors, central air, and separate metered 200-amp electric.
Property Size10,200 SF
Price / SF$84.80
Days on Market89
Property Features for E4783 Us Highway 14 And 60
General Information
- Standard status
- Active
- Size
- 10,200 SF
Listing agency
Driftless Area LLC
(608) 588-5082
Listed by
Mark Mahoney
(608) 588-5082
Source
Exprealty
Added: Apr 25 Updated: Jul 22 at 7:21AM Checked: Jul 22 at 7:21AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Driftless Area LLC
Investment Insights
Based on property information with market context.
This flex warehouse and retail building offers a mix of front display space and two rear warehouse areas. The building includes approximately 10,200 total square feet plus/minus, with two front display rooms of about 1,500 square feet each and a common bathroom. Each front room has its own furnace and central air. In the back, there are two warehouse spaces of approximately 3,000 and 4,200 square feet plus/minus, and each includes a 12' overhead door and hanging Reznor heaters. Electric service is 200 amps and is metered separately for each warehouse.
The property is located on Hwy 14 just on the edge of Spring Green, with a blacktop driveway and a parking area out front. One warehouse also features a private bathroom with shower and an additional storage room with extra storage above.
Currently, the building is used as a furniture and flooring store, with options to lease out parts of the building.
The property is located on Hwy 14 just on the edge of Spring Green, with a blacktop driveway and a parking area out front. One warehouse also features a private bathroom with shower and an additional storage room with extra storage above.
Currently, the building is used as a furniture and flooring store, with options to lease out parts of the building.
Key Highlights
- Building on Hwy 14 near Spring Green with 2,900 SF+/- retail/display space and 7,200 SF+/- warehouse space
- Front has two 1,500 SF+/- display rooms with common bathroom, each with its own furnace and central air
- Warehouses total 3,000 SF+/- and 4,200 SF+/- and each includes a 12’ overhead door
Local 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 | $96.7k | $9.48 |
| − Vacancy | −$6.6k | −$0.64 |
| EGI | $90.1k | $8.84 |
| − OpEx | −$31.5k | −$3.09 |
| NOI | $58.6k | $5.74 |
10,200 SF · lease $9.48/SF/yr · vacancy 6.80% · expense 35.00%
Alternative Uses
Best Use
Retail
$1.47M
$1.29M – $1.71M
NOI $102,816 @ 7.0% cap · market cap 11.89%
Second Best
Flex RnD
$836.8K
$732.2K – $976.3K
NOI $58,578 @ 7.0% cap · market cap 6.77%
Theoretical Best
Office A
$2.06M
$1.81M – $2.41M
NOI $144,530 @ 7.0% cap · market cap 16.71%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Combination retail display rooms and two warehouse spaces with overhead doors, central air, and separate metered 200-amp electric.
Where is this flex space located?
The property is located at E4783 Us Highway 14 And 60 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: Building on Hwy 14 near Spring Green with 2,900 SF+/- retail/display space and 7,200 SF+/- warehouse space; Front has two 1,500 SF+/- display rooms with common bathroom, each with its own furnace and central air; Warehouses total 3,000 SF+/- and 4,200 SF+/- and each includes a 12’ overhead door
