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    Kenosha Warehouse with Automotive Units Title is generated by Realmo AI

    1329 43rd St, Kenosha, WI 53140

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    For Sale
    $810,000

    Warehouse - Kenosha, WI

    Type:Warehouse
    Property size:
    6,100 SF
    Lot size:
    0.44 Acres
    Price / SF:
    $132/SF
    Added:
    May 8, 2026
    Days on Market:
    1
    Last Refresh:
    May 8 at 11:06 pm

    Property Features for 1329 43rd St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Warehouse
    Zoning
    G2
    Interior features
    Rest Rooms
    Exterior features
    220 Volt Power
    Standard status
    Active
    APN
    1122330383015
    Size
    6,100 SF
    Lot size
    0.44 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    3972

    Utilities

    Heating system
    Forced Air, Natural Gas

    Building Details

    Year built
    1968
    Floors in Building
    1
    Building materials
    Brick
    Roof type
    Rubber
    Architectural style
    Other

    We can help!

    Listing Contact
    Maria Steponitis

    Listing agent Maria Steponitis License #60307-90

    Listing office EXP Realty, LLC~MKE 342 N Water St, Suite 600, Milwaukee, WI 53202, Middleton, WI

    Listing date May 8, 2026

    MLS# 1961597 Listing URL

    Copyright © 2026 Metro MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 6,100 sq ft free‑standing commercial building on a .44‑acre lot.
    • Configured into 3 units, suitable for owner‑user or investor.
    • Multiple overhead doors and 11'-15' ceilings.
    • Two units currently used for automotive businesses.
    • Ample parking and indoor/outdoor storage.
    • Strong location near major roads.

    Overview

    This 6,100 square foot free-standing building in Kenosha, Wisconsin, presents a prime commercial opportunity. Situated on a 0.44-acre lot, the property is currently configured into three units, making it suitable for either an owner-user or an investor. Two of the units are designed for automotive purposes, while the third is set up for auto detailing, providing flexibility for various business types. The building features multiple overhead doors, ceiling heights ranging from 11 to 15 feet, and 220V power. Ample parking is available, along with indoor and outdoor storage options. Its location near major roads offers strong visibility and accessibility. The property's configuration allows for generating rental income while operating a business or maximizing returns as a multi-tenant investment. The zoning is G2. This property offers endless potential for a variety of commercial uses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    LA Repair and body ... Auto Repair Shop Wolf Brothers Cleaning ... Hardware & Home Improvement Quick&Easy auto repair Auto Repair Shop

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • U-Haul Neighborhood Dealer — 4923 22nd Ave, Kenosha, WI 53140
    • U-Haul Neighborhood Dealer — 4924 Sheridan Rd, Kenosha, WI 53140
    • U-Haul Neighborhood Dealer — 4433 22nd ave, kenosha, wi 53140
    • U-Haul Neighborhood Dealer — 2327 54th st, kenosha, wi 53140

    Location Insight

    • Map
    • Local Demand
    City
    Kenosha
    County
    Kenosha
    State
    Wisconsin
    Longitude
    -87.827379
    Latitude
    42.596862

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    FAQs

    What type of property is this?
    Automotive property - 6,100 SF building on 0.44 acres, ideal for investors.
    Where is this automotive property located?
    The property is located at 1329 43rd St Kenosha, WI.
    What is the asking price?
    The asking price for this property is $810,000.
    What are key features of this property?
    This property features: 6,100 sq ft free‑standing commercial building on a .44‑acre lot.; Configured into 3 units, suitable for owner‑user or investor.; Multiple overhead doors and 11'-15' ceilings.
    (262) 744-0818
    We can help!
    Listing Contact
    Maria Steponitis
    Real Estate License ID: 60307-90
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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