Gas Station and Convenience
For Sale
$3,400,000
1441 N 26th St, Sheboygan, WI 53081
COMMERCIAL - Sheboygan, WI
Property Size7,634 SF
Lot Size0.47 Acres
Price / SF$445.38
Days on Market299
Property Features for 1441 N 26th St
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
SC
Standard status
Active
APN
59281213261
Size
7,634 SF
Lot size
0.47 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
9173
Building Details
Year built
2022
Architectural style
Other
Listing Agency:
Century 21 Aspire Group · Century 21 Real Estate
(920) 663-1200
Listed By:
Brad Broecker · License #5888990
(920) 374-1282
Added: Nov 4, 2025
Changed: Aug 4
Last Checked: Aug 30 at 11:06AM
MLS# 1942006
Copyright © 2026 Metro MLS. 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 property is a centrally located, newer-built gas station and convenience store with an attached restaurant. The offering includes a single commercial building totaling 7,634 square feet, situated on a 0.47-acre lot. Designed for operational efficiency, the mix of fuel, convenience retail, and prepared food service supports a combined customer experience on-site.
The property is located at 1441 N 26th St in Sheboygan, Wisconsin. Public remarks describe the site as being near major highways and within thriving surrounding neighborhoods, which can support convenient access for drivers and local traffic.
With both retail and food service components, the site can fit an owner-operator or a buyer seeking a mixed-use roadside convenience concept under one ownership. The configuration provides an all-in-one format for tenants or operators looking to run a fuel and convenience operation with a restaurant component attached to the same premises. Zoning is listed as SC. Please contact us to schedule a showing and review the specifics of the property’s layout and operating configuration.
The property is located at 1441 N 26th St in Sheboygan, Wisconsin. Public remarks describe the site as being near major highways and within thriving surrounding neighborhoods, which can support convenient access for drivers and local traffic.
With both retail and food service components, the site can fit an owner-operator or a buyer seeking a mixed-use roadside convenience concept under one ownership. The configuration provides an all-in-one format for tenants or operators looking to run a fuel and convenience operation with a restaurant component attached to the same premises. Zoning is listed as SC. Please contact us to schedule a showing and review the specifics of the property’s layout and operating configuration.
Key Highlights
- Built in 2022, featuring a newer‑built gas station, convenience store, and attached restaurant
- 7,634 sq ft mixed‑use property designed for efficient operation and high‑volume traffic
- Commercial property positioned in Sheboygan with access to major highways and nearby thriving neighborhoods
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$100,379
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
2.95%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,007,580
$2.0M
Cap Rate 7%
$1,433,986
$1.4M
Cap Rate 9%
$1,115,322
$1.1M
Market Conditions
NOI Build-Up for 7,634 SF
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.
Gross rent
$137.4K $18.00/SF
− Vacancy
−$3.6K −$0.47/SF
EGI
$133.8K $17.53/SF
− OpEx
−$33.5K −$4.38/SF
NOI
$100.4K $13.15/SF
Area
Sheboygan County, WI
Vacancy
2.60%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,007,580
Cap Rate 7%
$1,433,986
Cap Rate 9%
$1,115,322
Alternative Uses
Best Use
Specialty Retail
$1.43M
$1.25M – $1.67M
NOI $100,379 @ 7.0% cap · market cap 2.95%
Second Best
Retail
$1.20M
$1.05M – $1.41M
NOI $84,319 @ 7.0% cap · market cap 2.48%
Theoretical Best
Office A
$1.66M
$1.46M – $1.94M
NOI $116,463 @ 7.0% cap · market cap 3.43%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,319
Businesses Nearby
39k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 72%
Shops & Services 25%
Hotels & Casinos 3%
Pick 'n Save
Groceries
28,079 visits/mo
0.2 miles
BP
Shops & Services
4,090 visits/mo
0.0 miles
Associated Bank
Shops & Services
3,327 visits/mo
0.5 miles
BMO Harris Bank
Shops & Services
2,427 visits/mo
0.4 miles
La Quinta Inn by Wyndham Sheboygan
Hotels & Casinos
1,241 visits/mo
0.4 miles
Demographics for 53081, WI
43,465
Population
20,121
Households
2.2
Avg Household Size
38
Median Age
22%
College-Educated
90%
High-School Grad
23.3 sq mi
ZIP Area
1,865
Density / Sq Mi
$62,401
Median Household Income
$42,329
Median Earnings
$866
Median Rent
$169,700
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Gas station - Turn-key fuel and retail site with an attached restaurant in Sheboygan.
Where is this gas station located?
The property is located at 1441 N 26th St Sheboygan, WI.
What is the asking price?
The asking price for this property is $3,400,000.
What are key features of this property?
This property features: Built in 2022, featuring a newer‑built gas station, convenience store, and attached restaurant; 7,634 sq ft mixed‑use property designed for efficient operation and high‑volume traffic; Commercial property positioned in Sheboygan with access to major highways and nearby thriving neighborhoods
