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Highway-Front Commercial Land
For Sale
$297,700

E4851 Highway 14, Spring Green, WI 53588

COMMERCIAL - Spring Green, WI

Property Size1,800 SF
Lot Size1.72 Acres
Price / SF$165.39
Days on Market155

Property Features for E4851 Highway 14

General Information

Property type Commercial Sale
Property subtype Other
Zoning B-8
Interior features Signage available, Outside storage, Private office(s)
Lot features Free standing, Near Major Highway
Directions Hwy 14 just outside of Spring Green - West of Arthur's Steakhouse
Subdivision SPRING GREEN - T
Standard status Active
APN multiple
Size 1,800 SF
Lot size 1.72 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 7307

Building Details

Year built 1960
Number of units 2
Roof type Metal
Additional Structures Storage
Listing Agency: Century 21 Affiliated · Century 21 Real Estate
Listed By: Rhonda Rott · License #4429990
Added: Mar 3 Changed: Aug 5 Last Checked: Aug 5 at 12:06PM
MLS# 2008518

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 1.72-acre commercial land property includes an existing 1,800-square-foot building constructed in 1960. The structure has a metal roof, private offices, available signage, and outside storage. The site also provides two driveways and more than 250 feet along Highway 14.

Located at E4851 Highway 14 in Spring Green, the property carries B-8 zoning and is positioned on the edge of the community. Nearby changes identified in the property information include Kwik Trip, Saint Vincent De Paul, and the Spring Green Food Pantry. The combination of highway exposure, established improvements, and usable site area provides a clearly defined commercial land offering.

Key Highlights

  • 1.72‑acre commercial land parcel
  • Over 250 feet on Highway 14
  • Two driveways provide site access

Financial Insights For Specialty Retail

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 $32.4k $18.00
− Vacancy −$842 −$0.47
EGI $31.6k $17.53
− OpEx −$7.9k −$4.38
NOI $23.7k $13.15
1,800 SF · lease $18.00/SF/yr · vacancy 2.60% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$338.1K
$295.9K – $394.5K (±1% cap)
NOI $23,668 @ 7.0% cap · market cap 7.95%
Second Best
Retail
$259.2K
$226.8K – $302.4K (±1% cap)
NOI $18,144 @ 7.0% cap · market cap 6.09%
Theoretical Best
Office A
$364.4K
$318.8K – $425.1K (±1% cap)
NOI $25,505 @ 7.0% cap · market cap 8.57%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

1
Businesses Nearby

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

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - B-8 zoning, two driveways, and an existing building create a flexible commercial property configuration.
Where is this commercial land located?
The property is located at E4851 Highway 14 Spring Green, WI.
What is the asking price?
The asking price for this property is $297,700.
What are key features of this property?
This property features: 1.72‑acre commercial land parcel; Over 250 feet on Highway 14; Two driveways provide site access
More about this property
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