Single-Tenant Brick Office
For Sale
$695,000
3410 80th STREET, Kenosha, WI 53142
Leased office property with a full basement, central air, and on-site parking.
Property Size3,388 SF
Price / SF$205.14
Days on Market488
Property Features for 3410 80th STREET
General Information
Standard status
Active
Size
3,388 SF
Property subtype
General Commercial
Taxes and HOA fees
Annual Taxes
$9,710
Amenities
Central Air
3
B1
15 Parking Spaces.
0.0 to .499
Building Details
Year Built
1983
Buildings
1
Building Size
3,388 SF
Construction
brick
Tenancy
Single
Listing Agency:
(262) 818-8669
Listed By:
Berkshire Hathaway Home Services Epic Real Estate
(262) 818-8669
Source:
Xome
Added: May 2, 2025
Changed: Aug 30
Last Checked: Aug 31 at 1:33PM
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 Berkshire Hathaway Home Services Epic Real Estate
Investment Insights
Based on property information with market context.
Built in 1983, this 3,388-square-foot office building is constructed of brick and includes a full basement. Central air serves the property, and the site provides 15 parking spaces.
The building is leased to American Telepsychiatry and is located on Kenosha’s south side along a commercial corridor. Nearby retailers and businesses include Starbucks, Walgreens, Festival Foods, Chase Bank, Associated Bank, and Ace Hardware. The property is positioned on 80th Street within a retail-oriented setting.
The building is leased to American Telepsychiatry and is located on Kenosha’s south side along a commercial corridor. Nearby retailers and businesses include Starbucks, Walgreens, Festival Foods, Chase Bank, Associated Bank, and Ace Hardware. The property is positioned on 80th Street within a retail-oriented setting.
Key Highlights
- 3,388‑square‑foot office building constructed in 1983
- Single‑tenant property leased to American Telepsychiatry
- Full basement with central air
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
$42,635
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
6.13%
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%
$852,700
$852.7K
Cap Rate 7%
$609,071
$609.1K
Cap Rate 9%
$473,722
$473.7K
Market Conditions
NOI Build-Up for 3,388 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
$71.1K $21.00/SF
− Vacancy
−$14.3K −$4.22/SF
EGI
$56.8K $16.78/SF
− OpEx
−$14.2K −$4.19/SF
NOI
$42.6K $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%
$852,700
Cap Rate 7%
$609,071
Cap Rate 9%
$473,722
Alternative Uses
Best Use
Office B
$609.1K
$532.9K – $710.6K
NOI $42,635 @ 7.0% cap · market cap 6.13%
Second Best
Healthcare Medical
$584.7K
$511.6K – $682.2K
NOI $40,930 @ 7.0% cap · market cap 5.89%
Theoretical Best
Warehouse
$3.94M
$3.45M – $4.60M
NOI $276,108 @ 7.0% cap · market cap 39.73%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
514
Businesses Nearby
Explore this area
Business Placement
Demographics for 53142, WI
33,146
Population
13,787
Households
2.4
Avg Household Size
39
Median Age
36%
College-Educated
92%
High-School Grad
20.7 sq mi
ZIP Area
1,601
Density / Sq Mi
$86,891
Median Household Income
$49,161
Median Earnings
$1,319
Median Rent
$254,300
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?
Office building - Leased office property with a full basement, central air, and on-site parking.
Where is this office building located?
The property is located at 3410 80th STREET Kenosha, WI.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: 3,388‑square‑foot office building constructed in 1983; Single‑tenant property leased to American Telepsychiatry; Full basement with central air
