Flex Retail and Warehouse
E4783 Hwy 14 Spring Green, WI 53588
E4783 Hwy 14, Spring Green, WI, 53588
Contact for pricing
For Sale
Contact for pricing
Flex building on Hwy 14 includes two front display rooms and two back warehouses with overhead doors and separate HVAC.
Property Size10,200 SF
Price / SF$85.78
Days on Market89
Property Features for E4783 Hwy 14
General Information
- Standard status
- Active
- Size
- 10,200 SF
- Property subtype
- Office, Industrial
Building Details
- Year Built
- 1996
Listing agency
Driftless Area LLC
(608) 647-9050
Listed by
Mark Mahoney
Source
Crexi
Added: Apr 25 Updated: Jul 22 at 6:13AM Checked: Jul 22 at 6:13AM
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 commercial building totals approximately 10,200 square feet and is currently configured for a furniture and flooring store. The front of the building includes two separate display rooms, each with access to a common bathroom. Each display room is served by its own furnace and central air.
The rear portion of the property includes two warehouse areas totaling approximately 3,000 square feet and 4,200 square feet, respectively, and both have a 12-inch overhead door. Each warehouse also features hanging Reznor heaters and 200 amp electric service that is metered separately. One warehouse includes a private bathroom with a shower and a storage room with additional storage above.
An asphalt blacktop driveway and parking area provide convenient access out front. The building is positioned on Hwy 14 just on the edge of Spring Green, offering multiple space options within the same structure.
The rear portion of the property includes two warehouse areas totaling approximately 3,000 square feet and 4,200 square feet, respectively, and both have a 12-inch overhead door. Each warehouse also features hanging Reznor heaters and 200 amp electric service that is metered separately. One warehouse includes a private bathroom with a shower and a storage room with additional storage above.
An asphalt blacktop driveway and parking area provide convenient access out front. The building is positioned on Hwy 14 just on the edge of Spring Green, offering multiple space options within the same structure.
Key Highlights
- Flex building built in 1996 totaling 10,200 SF +/- on Hwy 14 just outside Spring Green
- Two front display rooms (1,500 SF +/- each) with a common bathroom; each has its own furnace and central air
- Two back warehouses: 3,000 SF +/- and 4,200 SF +/-
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 11.75%
Second Best
Flex RnD
$836.8K
$732.2K – $976.3K
NOI $58,578 @ 7.0% cap · market cap 6.69%
Theoretical Best
Office A
$2.06M
$1.81M – $2.41M
NOI $144,530 @ 7.0% cap · market cap 16.52%
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 - Flex building on Hwy 14 includes two front display rooms and two back warehouses with overhead doors and separate HVAC.
Where is this flex space located?
The property is located at E4783 Hwy 14 Spring Green, WI.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: Flex building built in 1996 totaling 10,200 SF +/- on Hwy 14 just outside Spring Green; Two front display rooms (1,500 SF +/- each) with a common bathroom; each has its own furnace and central air; Two back warehouses: 3,000 SF +/- and 4,200 SF +/-
