Insulated End-Unit Flex
For Sale
$399,900
1232 Lang St, West Bend, WI 53090
Commercial zoning, paved parking, and separate utility services support a range of business uses.
Property Size2,456 SF
Price / SF$162.83
Days on Market66
Property Features for 1232 Lang St
General Information
Standard status
Active
Size
2,456 SF
Total Parking Spaces
5
Property subtype
Commercial
Zoning
Commercial
Additional Details
Utilities to Site
Yes
Drive-In Doors
2
Automotive Uses
vehicle storage, auto repair
Real Estate Included
Yes
Taxes and HOA fees
Annual Taxes
$3,268
Amenities
insulated end unit
private bath
utility room
two 12-ft garage doors
furnaces
AC units
electric and natural gas services
paved parking
available signage
Building Details
Building Size
2,456 SF
Year Built
2007
Listing Agency:
RE/MAX United - West Bend
(262) 335-2200
Listed By:
Glen Hupfer · License #55883-94
(262) 388-2700
Source:
Defererealestate
Added: Aug 21
Changed: Oct 24
Last Checked: Oct 24 at 2:51PM
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 - West Bend
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Investment Insights
Based on property information with market context.
Built in 2007, this 2,456-square-foot flex-space condominium is an insulated end unit with two 12-foot garage doors. The layout also includes a private bathroom and utility room, with furnaces and air-conditioning units serving the space.
Electric and natural gas services are available, along with paved parking and signage. The property is zoned Commercial and is located at 1232 Lang St in West Bend, Wisconsin.
Electric and natural gas services are available, along with paved parking and signage. The property is zoned Commercial and is located at 1232 Lang St in West Bend, Wisconsin.
Key Highlights
- 2,456‑square‑foot flex‑space condominium
- Insulated end unit with two 12‑foot garage doors
- Private bathroom and utility room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,832
Cap Rate
7.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$596,640
$596.6K
Cap Rate 7%
$426,171
$426.2K
Cap Rate 9%
$331,467
$331.5K
Market Conditions
NOI Build-Up for 2,456 SF
Gross rent
$44.2K $18.00/SF
− Vacancy
−$1.6K −$0.65/SF
EGI
$42.6K $17.35/SF
− OpEx
−$12.8K −$5.21/SF
NOI
$29.8K $12.15/SF
Area
Washington County, WI
Vacancy
3.60%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$596,640
Cap Rate 7%
$426,171
Cap Rate 9%
$331,467
Alternative Uses
Best Use
Retail
$426.2K
$372.9K – $497.2K
NOI $29,832 @ 7.0% cap · market cap 7.46%
Second Best
Industrial
$127.8K
$111.8K – $149.1K
NOI $8,943 @ 7.0% cap · market cap 2.24%
Theoretical Best
Office A
$675.2K
$590.8K – $787.7K
NOI $47,263 @ 7.0% cap · market cap 11.82%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
2
Drive-in doors
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
223
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 53090, WI
21,478
Population
9,247
Households
2.3
Avg Household Size
43
Median Age
29%
College-Educated
95%
High-School Grad
57.9 sq mi
ZIP Area
371
Density / Sq Mi
$87,786
Median Household Income
$49,156
Median Earnings
$1,132
Median Rent
$267,500
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Flex space - Commercial zoning, paved parking, and separate utility services support a range of business uses.
Where is this flex space located?
The property is located at 1232 Lang St West Bend, WI.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: 2,456‑square‑foot flex‑space condominium; Insulated end unit with two 12‑foot garage doors; Private bathroom and utility room
