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Split Flex Warehouse with Overhead Doors
For Sale
$399,000

11-3929 County Road Kw, Port Washington, WI 53074

Flex warehouse space with two overhead doors, split-possible layout, and underfloor plumbing roughed in.

Property Size5,000 SF
Price / SF$79.80
Days on Market392

Property Features for 11-3929 County Road Kw

General Information

Standard status Active
Size 5,000 SF
Listing Agency: RE/MAX United - Port Washington
Listed By: Owen Didier · License #8430994
Source: Exprealty
Added: Sep 30, 2025 Changed: Oct 25 Last Checked: Oct 24 at 8:51PM

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 RE/MAX United - Port Washington

Rey
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Investment Insights

Based on property information with market context.

A 50-by-100 business barn configured as a flex/warehouse space that can be split in half for separate use or leasing. Unit #11 features two separate overhead doors and entries, offering practical flexibility for loading, access, and independent operations. The space includes plumbing roughed in for two bathrooms and two utility rooms, along with a 200 amp service, floor drain, and underfloor plumbing roughed in.

Offered as a shell, the property does not include heat, drywall, or completed bathrooms or related finishes. The shell condition is intended for an end user or tenant to complete improvements to suit their specific build-out needs.

This unit can be used as one continuous space or divided, depending on the operational requirements of the buyer or tenant plan.

Key Highlights

  • 50x100 business barn with 5,000 sq ft that can be used all together or split in half for separate occupancy and potential rental
  • Unit #11 features 2 separate overhead doors and 2 separate entries
  • Plumbing is roughed in for 2 bathrooms and 2 utility rooms in Unit #11

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$22,085
Cap Rate
5.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$441,700 $441.7K
Cap Rate 7%
$315,500 $315.5K
Cap Rate 9%
$245,389 $245.4K
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$27.4K $5.47/SF
− Vacancy
−$1.4K −$0.27/SF
EGI
$26.0K $5.20/SF
− OpEx
−$3.9K −$0.78/SF
NOI
$22.1K $4.42/SF
Area
Ozaukee County, WI
Vacancy
5.00%
Lease Rate
$5.47 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$441,700
Cap Rate 7%
$315,500
Cap Rate 9%
$245,389

Alternative Uses

Best Use
Warehouse
$315.5K
$276.1K – $368.1K (±1% cap)
NOI $22,085 @ 7.0% cap · market cap 5.54%
Second Best
Industrial
$260.1K
$227.6K – $303.5K (±1% cap)
NOI $18,207 @ 7.0% cap · market cap 4.56%
Theoretical Best
Office A
$1.18M
$1.03M – $1.37M (±1% cap)
NOI $82,464 @ 7.0% cap · market cap 20.67%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Building Supply Restaurant Big Box & Wholesale Store Law Firm Hair Salon Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

73
Businesses Nearby
Balanced
Demand for This Use

Demographics for 53074, WI

13,379
Population
5,859
Households
2.3
Avg Household Size
42
Median Age
36%
College-Educated
96%
High-School Grad
30.3 sq mi
ZIP Area
442
Density / Sq Mi
$78,944
Median Household Income
$48,089
Median Earnings
$1,024
Median Rent
$276,200
Median Home Value

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 - Flex warehouse space with two overhead doors, split-possible layout, and underfloor plumbing roughed in.
Where is this flex space located?
The property is located at 11-3929 County Road Kw Port Washington, WI.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: 50x100 business barn with 5,000 sq ft that can be used all together or split in half for separate occupancy and potential rental; Unit #11 features 2 separate overhead doors and 2 separate entries; Plumbing is roughed in for 2 bathrooms and 2 utility rooms in Unit #11
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Includes: Price & PSF · Cap rate · Location · Zoning

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