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    FOR SALE
    Commercial real estate

    11705 18Th St, Kenosha, WI 53144

    795,471 SF 49.72 ac lot Built 2022
    Entity Owned 4-yr Hold Free & Clear
    Property ID
    US92-1969147
    11705 18Th St, Kenosha, WI 53144 For Sale
    $7,120,000 795,471 SF
    11705 18Th St, Kenosha, WI 53144
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    Property summary
    AI-generated overview

    This exceptional Somers Logistics Center offers 795,471 square feet of Class A industrial space, perfect for multiple tenants. The property boasts a prime location with I-94 frontage, less than half a mile from the I-94/Highway 142 interchange and one mile from the I-94/Somers Road interchange, ensuring excellent accessibility. The 49.76-acre site features a 40-foot clear ceiling height, 148 loading docks (expandable), and four drive-ins, providing ample operational capacity. The building includes 477 total parking spaces and is equipped with 2,400 amp power. Built in 2022, this facility is equipped with an ESFR sprinkler system. The property is zoned industrial and located in the Village of Somers, Wisconsin, with a Kenosha mailing address. This pro-business community offers municipal incentives for job creators and benefits from a strong labor pool and low real estate taxes ($1.10 per square foot). The high visibility location along I-94 (94,000 vehicles per day) places your business in the company of excellent corporate neighbors, including Uline, Trifinity, Silgan Containers, and Amazon. While the minimum divisible space is 795,471 square feet, contiguous space up to 1,000,000 square feet may be available. This is a truly exceptional opportunity for businesses seeking a state-of-the-art industrial facility in a strategic location.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 2022
    Total area 795,471 SF
    Lot 49.72 ac (2,165,803 SF)
    APN 82-4-222-192-0100
    UPID US92-1969147
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • 11705 18th Street Warehouse & Storage
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $6.87M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $7.12M
    Owner & transaction history
    Somers Owner LLC · 4 yrs held
    Somers Owner LLC
    since 2021
    Last sale
    $7.5M
    1 recorded transaction
    2021
    $7.5M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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