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Multi-Use Office Facility
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9531 Rayne Rd, Sturtevant, WI 53177

Well-maintained multi-use office facility is occupied by state offices under gross leases.

Property Size44,000 SF
Lot Size9.68 Acres
Days on Market133

Property Features for 9531 Rayne Rd

General Information

Standard status Active
Size 44,000 SF
Lot size 9.68 Acres
Property subtype Office
Listing Agency: NAI Pfefferle
Listed By: T.J. Morice, SIOR · License #WI 89917-94
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 21 at 7:24PM

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 NAI Pfefferle

Investment Insights

Based on property information with market context.

This well-maintained multi-use facility is currently occupied by state offices and arranged under gross leases. The property includes a 44,000 SF building with 6,000 SF of common area, designed to support shared operations within the facility.

The offering sits on a 9.68-acre parcel and includes 2.5 acres that could potentially be developed.

For sale as an income-producing office asset with on-site common area and additional land included in the parcel.

Key Highlights

  • 9.68‑acre parcel with a 44,000 SF multi‑use facility
  • 2.5 acres potentially available for future development
  • Facility includes 6,000 SF common area

Property Analytics

Current Use

Racine/ Sturtevant DMV Department Of Motor Vehicles Commerce Department Local Government Office WI DMV Wisconsin ... Freight Service Racine County Public ... Government Office Corrections Probation and Parole Government Office

Suggested Use

Top Pick HVAC Service Pharmacy Restaurant Kitchen & Bath Showroom Building Supply Garden Center

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

387
Businesses Nearby

Demographics for 53177, WI

8,482
Population
2,566
Households
3.3
Avg Household Size
40
Median Age
24%
College-Educated
90%
High-School Grad
27.6 sq mi
ZIP Area
307
Density / Sq Mi
$77,409
Median Household Income
$46,314
Median Earnings
$1,295
Median Rent
$228,900
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Well-maintained multi-use office facility is occupied by state offices under gross leases.
Where is this office building located?
The property is located at 9531 Rayne Rd Sturtevant, WI.
What are key features of this property?
This property features: 9.68‑acre parcel with a 44,000 SF multi‑use facility; 2.5 acres potentially available for future development; Facility includes 6,000 SF common area
More about this property
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