Updated Mixed-Use
For Sale
$399,000
12425 Antioch Rd, Trevor, WI 53179
Updated commercial space and an upper-level apartment create a flexible mixed-use configuration.
Property Size1,248 SF
Lot Size0.49 Acres
Price / SF$169.93
Days on Market19
Property Features for 12425 Antioch Rd
General Information
Standard status
Active
Size
1,248 SF
Total Parking Spaces
20
Lot size
0.49 Acres
Property subtype
Commercial
Zoning
Com
Additional Details
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$3,569
Building Details
Building Size
1,248 SF
Year Built
1920
Buildings
1
Tenancy
Multi
Listing Agency:
Shorewest Realtors, Inc.
(414) 788-8927
Listed By:
Samuel Hybicki
(414) 788-8927
Source:
Therealtycompanyllc
Added: Jul 24
Changed: Aug 11
Last Checked: Aug 11 at 4:58AM
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 Shorewest Realtors, Inc.
Investment Insights
Based on property information with market context.
This mixed-use property combines an updated commercial area with a separate upper-level apartment. The commercial portion contains 1,248 square feet and two bathrooms, while the apartment offers 1,100 square feet with two bedrooms and two bathrooms. The layout supports retail, office, and other business uses in the lower portion, with residential space above.
The property occupies 0.49 total acres along Antioch Rd in Trevor, Wisconsin, near the Wisconsin-Illinois border. On-site features include 20 parking spaces and an additional grassy area. The property is zoned Com and was built in 1920. The acreage is divided between two tax codes measuring 0.39 acre and 0.10 acre.
The property occupies 0.49 total acres along Antioch Rd in Trevor, Wisconsin, near the Wisconsin-Illinois border. On-site features include 20 parking spaces and an additional grassy area. The property is zoned Com and was built in 1920. The acreage is divided between two tax codes measuring 0.39 acre and 0.10 acre.
Key Highlights
- 1,248 SF updated commercial space with 2 bathrooms
- 1,100 SF upper‑level apartment with 2 bedrooms and 2 bathrooms
- 0.49 total acres divided between 0.39 acre and 0.10 acre tax codes
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
$29,548
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
7.41%
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%
$590,960
$591.0K
Cap Rate 7%
$422,114
$422.1K
Cap Rate 9%
$328,311
$328.3K
Market Conditions
NOI Build-Up for 2,348 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
$49.3K $21.00/SF
− Vacancy
−$9.9K −$4.22/SF
EGI
$39.4K $16.78/SF
− OpEx
−$9.8K −$4.19/SF
NOI
$29.5K $12.58/SF
Area
Kenosha County, WI
Vacancy
20.10%
Lease Rate
$21.00 /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%
$590,960
Cap Rate 7%
$422,114
Cap Rate 9%
$328,311
Alternative Uses
Best Use
Office B
$422.1K
$369.4K – $492.5K
NOI $29,548 @ 7.0% cap · market cap 7.41%
Second Best
Mixed Use
$416.6K
$364.5K – $486.0K
NOI $29,162 @ 7.0% cap · market cap 7.31%
Theoretical Best
Warehouse
$2.73M
$2.39M – $3.19M
NOI $191,353 @ 7.0% cap · market cap 47.96%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
112
Businesses Nearby
Explore this area
Business Placement
Demographics for 53179, WI
6,206
Population
2,761
Households
2.2
Avg Household Size
42
Median Age
26%
College-Educated
92%
High-School Grad
10.5 sq mi
ZIP Area
591
Density / Sq Mi
$93,333
Median Household Income
$53,318
Median Earnings
$1,127
Median Rent
$265,600
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Updated commercial space and an upper-level apartment create a flexible mixed-use configuration.
Where is this mixed-use property located?
The property is located at 12425 Antioch Rd Trevor, 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: 1,248 SF updated commercial space with 2 bathrooms; 1,100 SF upper‑level apartment with 2 bedrooms and 2 bathrooms; 0.49 total acres divided between 0.39 acre and 0.10 acre tax codes
