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Racine Industrial Property For Sale
For Sale
$1,750,000

1718 Layard Ave, Racine, WI 53404

60,000 SF industrial property with outdoor storage.

Property Size60,622 SF
Lot Size4.50 Acres
Price / SF$28.87
Days on Market119

Property Features for 1718 Layard Ave

General Information

Standard status Active
Size 60,622 SF
Lot size 4.50 Acres
Property subtype Warehouse

Building Details

Year Built 1925
Listing Agency: Milwaukee Office
Listed By: Christian Hlavinka · License #License(s): WI: 58559-90
Source: Marcusmillichap
Added: Apr 3 Changed: Jul 10 Last Checked: Jul 30 at 2:28AM

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 Milwaukee Office

Investment Insights

Based on property information with market context.

The industrial property, offered for sale, is located at 1718 Layard in Racine, Wisconsin. The site consists of multiple buildings totaling approximately 60,000 square feet and sits on approximately 4.5 acres. This single-tenant, triple-net lease property offers outdoor storage and multi-tenant capabilities. A new five-year lease is to be executed at closing.

Key Highlights

  • Single tenant triple‑net lease property.
  • Strong 9.45% cap rate.
  • New five‑year lease to be executed at closing.

Property Analytics

Current Use

Racine Power Equipment, ... Hardware & Home Improvement Faith Hope & Love Association / Organization

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Dental Office Spa & Massage Center Building Supply

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

527
Businesses Nearby
Under-served
Demand for This Use

Demographics for 53404, WI

15,532
Population
5,110
Households
3
Avg Household Size
32
Median Age
13%
College-Educated
82%
High-School Grad
4.9 sq mi
ZIP Area
3,170
Density / Sq Mi
$47,714
Median Household Income
$35,419
Median Earnings
$968
Median Rent
$126,800
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
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Storall Midwest — 1720 Melvin Ave, Racine, WI 53404
  • Melvin Avenue Storage — 1616 Melvin Ave, Racine, WI 53404
  • Storage Sense - Racine — 1509 Rapids Dr, Racine, WI 53404
  • The Center — 1509 Rapids Dr, Racine, WI 53404

Frequently Asked Questions

What type of property is this?
Warehouse - 60,000 SF industrial property with outdoor storage.
Where is this warehouse located?
The property is located at 1718 Layard Ave Racine, WI.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Single tenant triple‑net lease property.; Strong 9.45% cap rate.; New five‑year lease to be executed at closing.
More about this property
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