Industrial Flex Building with
2416 Industrial Dr Neenah, WI 54956
For Sale
Contact for pricing
Flex units combine open warehouse/storage space with office build-outs and 10’ overhead doors.
Property Size2,281 SF
Price / SF$70
Days on Market873
Property Features for 2416 Industrial Dr
General Information
Standard status
Active
Size
2,281 SF
Property subtype
FLEX_R_AND_D
Listing Agency:
J Ross & Associates
(920) 903-5528
Listed By:
Jason Gallmeier
Source:
Moodyscre
Added: Mar 8, 2024
Changed: Jul 28
Last Checked: Jul 29 at 3:13PM
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 J Ross & Associates
Investment Insights
Based on property information with market context.
This industrial flex building includes current build-outs that provide quality office space alongside open warehouse and storage areas. Each unit features 10’ overhead doors and includes heat and air conditioning in the office space.
The property offers ample outside parking and easy access to Highway 41, supporting convenient customer and employee flow.
For buyers seeking a versatile setup, the combination of office build-outs, conditioned office space, and direct overhead-door access supports mixed-use operational needs within a single facility.
The property offers ample outside parking and easy access to Highway 41, supporting convenient customer and employee flow.
For buyers seeking a versatile setup, the combination of office build-outs, conditioned office space, and direct overhead-door access supports mixed-use operational needs within a single facility.
Key Highlights
- Flex units with open warehouse/storage space and office build‑outs
- Each unit includes a 10’ overhead door
- Office space features heat and air conditioning in every unit
Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $17.8k | $7.80 |
| − Vacancy | −$1.7k | −$0.73 |
| EGI | $16.1k | $7.07 |
| − OpEx | −$2.4k | −$1.06 |
| NOI | $13.7k | $6.01 |
2,281 SF · lease $7.80/SF/yr · vacancy 9.33% · expense 15.00%
Alternative Uses
Best Use
Office B
$369.5K
$323.3K – $431.1K
NOI $25,867 @ 7.0% cap · market cap 16.20%
Second Best
Flex RnD
$288.1K
$252.1K – $336.1K
NOI $20,165 @ 7.0% cap · market cap 12.63%
Theoretical Best
Office A
$492.3K
$430.8K – $574.4K
NOI $34,462 @ 7.0% cap · market cap 21.58%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Solea Mexican Grill LLC — 1350 Gillingham Rd, Neenah, WI 54956
- Zuppas Café & Catering — 1540 S Commercial St, Neenah, WI 54956
Frequently Asked Questions
What type of property is this?
Flex space - Flex units combine open warehouse/storage space with office build-outs and 10’ overhead doors.
Where is this flex space located?
The property is located at 2416 Industrial Dr Neenah, WI.
What is the asking price?
The asking price for this property is $159,670.
What are key features of this property?
This property features: Flex units with open warehouse/storage space and office build‑outs; Each unit includes a 10’ overhead door; Office space features heat and air conditioning in every unit
