Industrial Warehouse with Loading
For Sale
$2,500,000
1434 Progress Ln, Omro, WI 54963
Large-format facility with warehouse space, open offices, a kitchen, and a break/conference room.
Property Size31,400 SF
Lot Size2.29 Acres
Price / SF$79.62
Days on Market50
Property Features for 1434 Progress Ln
General Information
Standard status
Active
Size
31,400 SF
Lot size
2.29 Acres
Warehouse & Industrial
Dock-High Doors
2
Drive-In Doors
2
Amenities
kitchen
break/conference room
Building Details
Year Built
1982
Buildings
1
Building Size
31,400 SF
Listing Agency:
Keller Williams Fox Cities
Listed By:
Chris J Mokler · License #91937763
(920) 279-6104
Source:
Moving2greenbay
Added: Sep 10
Changed: Oct 25
Last Checked: Oct 28 at 1:55PM
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 Keller Williams Fox Cities
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Investment Insights
Based on property information with market context.
This 31,400-square-foot warehouse property was built in 1982 and occupies 2.29 acres within Omro Industrial Park. The facility combines substantial warehouse space with open office areas, a kitchen, and a dedicated break/conference room. Loading infrastructure includes 2 ground-level garage doors and 2 central semi loading docks.
Located at 1434 Progress Ln in Omro, Wisconsin, the property offers a functional setup for industrial operations requiring warehouse capacity and on-site office support. Additional equipment available separately includes an air compressor, 2 forklifts—propane and electric with charger—power conversion units, a cardboard baler, and racking. A lease proposal may also be considered.
Located at 1434 Progress Ln in Omro, Wisconsin, the property offers a functional setup for industrial operations requiring warehouse capacity and on-site office support. Additional equipment available separately includes an air compressor, 2 forklifts—propane and electric with charger—power conversion units, a cardboard baler, and racking. A lease proposal may also be considered.
Key Highlights
- 31,400 sqft warehouse building
- 2.29‑acre site in Omro Industrial Park
- Built in 1982
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$188,759
Cap Rate
7.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,775,180
$3.8M
Cap Rate 7%
$2,696,557
$2.7M
Cap Rate 9%
$2,097,322
$2.1M
Market Conditions
NOI Build-Up for 31,400 SF
Gross rent
$244.9K $7.80/SF
− Vacancy
−$22.9K −$0.73/SF
EGI
$222.1K $7.07/SF
− OpEx
−$33.3K −$1.06/SF
NOI
$188.8K $6.01/SF
Area
Winnebago County, WI
Vacancy
9.33%
Lease Rate
$7.80 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,775,180
Cap Rate 7%
$2,696,557
Cap Rate 9%
$2,097,322
Alternative Uses
Best Use
Warehouse
$2.70M
$2.36M – $3.15M
NOI $188,759 @ 7.0% cap · market cap 7.55%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$6.78M
$5.93M – $7.91M
NOI $474,406 @ 7.0% cap · market cap 18.98%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Current Use
Lease Details
2
Dock-high doors
2
Drive-in doors
Location Intelligence
Trade Area within ½ mile
126
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 54963, WI
7,454
Population
3,195
Households
2.3
Avg Household Size
43
Median Age
27%
College-Educated
95%
High-School Grad
76.1 sq mi
ZIP Area
98
Density / Sq Mi
$76,987
Median Household Income
$43,523
Median Earnings
$926
Median Rent
$218,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Warehouse - Large-format facility with warehouse space, open offices, a kitchen, and a break/conference room.
Where is this warehouse located?
The property is located at 1434 Progress Ln Omro, WI.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 31,400 sqft warehouse building; 2.29‑acre site in Omro Industrial Park; Built in 1982
