Climate-Controlled
1810 S Calhoun Rd New Berlin, WI 53151
For Sale
Contact for pricing
Fully climate-controlled warehouse with high visibility on Calhoun Road and recent roof and parking lot improvements.
Property Size10,833 SF
Price / SF$138.47
Days on Market136
Property Features for 1810 S Calhoun Rd
General Information
Standard status
Active
Size
10,833 SF
Property subtype
INDUSTRIAL
Listing Agency:
Colliers - Milwaukee
(414) 276-9500
Listed By:
Jim Larkin · License #70026291
(414) 276-9500
Source:
Moodyscre
Added: Mar 17
Changed: Jul 29
Last Checked: Jul 29 at 2:20PM
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 Colliers - Milwaukee
Investment Insights
Based on property information with market context.
This fully climate-controlled warehouse offers approximately 10,833 SF of enclosed space designed to support temperature-sensitive storage and distribution needs. Recent capital improvements include a roof and parking lot improvements, helping reduce near-term property maintenance concerns.
The property is positioned for strong roadway presence on Calhoun Road. Access is supported by proximity to I-94, offering convenient connectivity for regional logistics.
With its enclosed, climate-controlled setup and upgraded exterior components, the building is well-suited for tenants seeking reliable storage conditions and practical site access.
The property is positioned for strong roadway presence on Calhoun Road. Access is supported by proximity to I-94, offering convenient connectivity for regional logistics.
With its enclosed, climate-controlled setup and upgraded exterior components, the building is well-suited for tenants seeking reliable storage conditions and practical site access.
Key Highlights
- Approximately 10,833 SF fully climate‑controlled warehouse
- High visibility on Calhoun Road
- Recent capital improvements include roof and parking lot
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 | $59.3k | $5.47 |
| − Vacancy | −$3.0k | −$0.27 |
| EGI | $56.3k | $5.20 |
| − OpEx | −$8.4k | −$0.78 |
| NOI | $47.8k | $4.42 |
10,833 SF · lease $5.47/SF/yr · vacancy 5.00% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$683.6K
$598.1K – $797.5K
NOI $47,850 @ 7.0% cap · market cap 3.19%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.57M
$2.25M – $3.00M
NOI $179,823 @ 7.0% cap · market cap 11.99%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Extra Space Storage — 17000 W Rogers Dr, New Berlin, WI 53151
Frequently Asked Questions
What type of property is this?
Warehouse - Fully climate-controlled warehouse with high visibility on Calhoun Road and recent roof and parking lot improvements.
Where is this warehouse located?
The property is located at 1810 S Calhoun Rd New Berlin, WI.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Approximately 10,833 SF fully climate‑controlled warehouse; High visibility on Calhoun Road; Recent capital improvements include roof and parking lot