Listing Agency: Judson & Associates, S.C. Show Phone

Listed By: Miko Janus Show Phone

Source: Moodyscre

Added: Sep 16, 2025 Changed: Oct 26 Last Checked: Oct 28 at 12:09PM

Report an Issue

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 Judson & Associates, S.C.

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

Small industrial flex space condo units are available for sale or lease in East Troy, WI. Each unit includes a drive-in door and a gas heater, with the option to combine certain units for additional space. The configuration supports a range of storage and light industrial uses.

The property is located at 2460 Executive Dr, East Troy, WI 53120. Available units may be suited for tenants who want dedicated, roll-up access and self-contained heating while keeping flexibility around the total size by combining units when needed. Lease terms are available on an NNN basis.

With drive-in access, gas heat, and flexible unit options, these condos can work well for storage, contractors, or a personal workshop setup.

Key Highlights

• Small industrial flex space condo units for sale or lease in East Troy, WI
• Each unit has a drive‑in door for direct roll‑up access
• Gas heater included in each unit

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$13,254

Cap Rate

6.47%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$265,080 $265.1K

Cap Rate 7%

$189,343 $189.3K

Cap Rate 9%

$147,267 $147.3K

Is this asking price fair?

Market Conditions

NOI Build-Up for 1,273 SF

Gross rent

$21.7K $17.04/SF

− Vacancy

−$1.3K −$1.02/SF

EGI

$20.4K $16.02/SF

− OpEx

−$7.1K −$5.61/SF

NOI

$13.3K $10.41/SF

Area

Walworth County, WI

Vacancy

6.00%

Lease Rate

$17.04 /SF/Yr

Expense Ratio

35.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$265,080

Cap Rate 7%

$189,343

Cap Rate 9%

$147,267

Alternative Uses

Best Use

Flex RnD

$189.3K

$165.7K – $220.9K (±1% cap)

NOI $13,254 @ 7.0% cap · market cap 6.47%

Second Best

Industrial

$151.8K

$132.9K – $177.2K (±1% cap)

NOI $10,629 @ 7.0% cap · market cap 5.18%

Theoretical Best

Specialty Retail

$245.7K

$215.0K – $286.6K (±1% cap)

NOI $17,197 @ 7.0% cap · market cap 8.39%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

BNB Motorsports Car Dealership

Suggested Use

Top Pick Auto Repair Shop Plumbing Service Storage Facility (Bike/Boat/Book/etc) Store Furniture & Home Goods Auto Parts 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.

Location Intelligence

Trade Area within ½ mile

76

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 53120, WI

10,024

Population

4,847

Households

2.1

Avg Household Size

45

Median Age

35%

College-Educated

96%

High-School Grad

56.5 sq mi

ZIP Area

177

Density / Sq Mi

$93,397

Median Household Income

$52,521

Median Earnings

$1,425

Median Rent

$310,100

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

Frequently Asked Questions

What type of property is this?

Flex space - Industrial flex condo units with drive-in doors and gas heat, offered for sale or lease with options to combine units.

Where is this flex space located?

The property is located at 2460 Executive Dr East Troy, WI.

What is the asking price?

The asking price for this property is $205,000.

What are key features of this property?

This property features: Small industrial flex space condo units for sale or lease in East Troy, WI; Each unit has a drive‑in door for direct roll‑up access; Gas heater included in each unit