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Warehouse with Rail Access
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2316 West Everett Street, Appleton, WI 54914

Dry sprinklered warehouse with rail access, loading docks, and divisible space plus office area.

Property Size83,808 SF
Price / SF$74.58
Days on Market55

Property Features for 2316 West Everett Street

General Information

Standard status Active
Size 83,808 SF
Property subtype Industrial

Warehouse & Industrial

Dock-High Doors 8
Drive-In Doors 3
Sprinkler System Yes

Building Details

Year Built 1974
Year Renovated 2005
Listing Agency: NAI Pfefferle
Listed By: Nick Salm · License #WI 834040-91
Source: Crexi
Added: Jun 12 Changed: Jul 10 Last Checked: Aug 4 at 7:24AM

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 NAI Pfefferle

Investment Insights

Based on property information with market context.

This warehouse property includes dry sprinkler protection and is configured to support logistics operations, with rail access, eight loading docks, and three overhead doors. The building offers a mix of warehouse and office space, including 4,500 SF of office. The space is noted as divisible, giving flexibility for tenant or user layouts. Roofs are described as newer, ranging from about 3 to 10 years old, and the property includes additional trailer parking.

The site is presented as an end-user and investment opportunity. The combination of rail access and multiple dock and door positions is intended to support efficient receiving and staging. Built in 1974 and 2005, the improvements reflect a mix of older and more recent development.

For buyers seeking an operational facility, the dry sprinkler coverage, rail access, and loading count provide a practical foundation for distribution or light industrial warehousing needs. The property’s divisible configuration can also be useful for users who want to allocate space between logistics and office functions, or for operators planning multiple occupancy strategies, subject to confirmation during due diligence.

Key Highlights

  • Dry sprinklered warehouse with rail access and 8 loading docks
  • 3 overhead doors and space is divisible
  • Newer roofs estimated 3–10 years old

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 $495.3k $5.91
− Vacancy −$14.4k −$0.17
EGI $480.9k $5.74
− OpEx −$72.1k −$0.86
NOI $408.8k $4.88
83,808 SF · lease $5.91/SF/yr · vacancy 2.90% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$5.84M
$5.11M – $6.81M (±1% cap)
NOI $408,800 @ 7.0% cap · market cap 6.54%
Second Best
no second resolved use
Theoretical Best
Office A
$23.11M
$20.22M – $26.96M (±1% cap)
NOI $1,617,497 @ 7.0% cap · market cap 25.88%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Dorn's Delivery & Transfer ... Trucking Company

Suggested Use

Top Pick Law Firm Pharmacy Garden Center Cafe & Coffee Shop Bakery Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Dock-high doors
3
Drive-in doors
Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

344
Businesses Nearby
Well-served
Demand for This Use

Demographics for 54914, WI

31,082
Population
14,002
Households
2.2
Avg Household Size
38
Median Age
31%
College-Educated
93%
High-School Grad
19.2 sq mi
ZIP Area
1,619
Density / Sq Mi
$77,199
Median Household Income
$42,481
Median Earnings
$936
Median Rent
$210,200
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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Frequently Asked Questions

What type of property is this?
Warehouse - Dry sprinklered warehouse with rail access, loading docks, and divisible space plus office area.
Where is this warehouse located?
The property is located at 2316 West Everett Street Appleton, WI.
What is the asking price?
The asking price for this property is $6,250,000.
What are key features of this property?
This property features: Dry sprinklered warehouse with rail access and 8 loading docks; 3 overhead doors and space is divisible; Newer roofs estimated 3–10 years old
(920) 427-8714 Call to check price and availability
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