Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    East Troy Industrial Condo Units Title is generated by Realmo AI

    2460 Executive Dr, East Troy, WI

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Industrial condo units for sale or lease in East Troy.

    Type:INDUSTRIAL
    Property size:
    1,268 SF
    Lot size:
    0.03 Acres
    Price / SF:
    $161/SF
    Added:
    Sep 16, 2025
    Days on Market:
    260
    Last Refresh:
    May 20 at 9:18 pm

    Property Features for 2460 Executive Dr

    General Information

    Standard status
    Active
    Size
    1,268 SF
    Lot size
    0.03 Acres
    Property subtype
    INDUSTRIAL

    Properties For Sale

    at 2460 Executive Dr Contact us

    We can help!

    Listing Contact
    Colleen Geiger
    Colleen Geiger

    Listing agent Colleen Geiger License #9750194

    Listing office Judson & Associates, S.C.

    Listing date Sep 16, 2025

    Source Moodyscre

    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.

    HighLights

    • Drive‑in door access for easy loading and unloading.
    • Gas heater included in each unit.
    • Option to combine units for larger space.
    • Suitable for various uses: storage, contractors, workshop/man cave.
    • Available for sale or lease.
    • Located in East Troy.

    Overview

    Industrial condo units are available for sale or lease in East Troy. Each unit, with a size of 1268 square feet, includes a drive-in door and gas heater. Certain units can be combined to create additional space. These units are suitable for storage, contractors, or personal workshops. The property's flexible sizes and potential uses offer an opportunity to own or lease industrial space.

    Local Financial Insights For Flex RnD

    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 $21.6k $17.04
    − Vacancy −$1.3k −$1.02
    EGI $20.3k $16.02
    − OpEx −$7.1k −$5.61
    NOI $13.2k $10.41
    1,268 SF · lease $17.04/SF/yr · vacancy 6.00% · expense 35.00%

    Alternative Uses

    Best Use
    Flex RnD
    $188.6K
    $165.0K – $220.0K (±1% cap)
    NOI $13,202 @ 7.0% cap · market cap 6.44%
    Second Best
    Warehouse
    $183.7K
    $160.7K – $214.3K (±1% cap)
    NOI $12,856 @ 7.0% cap · market cap 6.27%
    Theoretical Best
    Specialty Retail
    $244.7K
    $214.1K – $285.5K (±1% cap)
    NOI $17,129 @ 7.0% cap · market cap 8.36%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    BNB Motorsports Car Dealership

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    East Troy
    County
    Walworth
    State
    Wisconsin
    Longitude
    -88.3993
    Latitude
    42.7714

    Nearby Similar for Sale

    • $859,000
      10,000 SF

      Renovated Mixed-Use Investment Property

      Fully leased, renovated mixed-use property near East Troy Village Square.
      2931 Union Street, EAST TROY, WI, 53120
      View Details
    • $699,000
      10,429 SF

      Renovated Tech-Ready Office Space

      10,400 SF renovated office with potential residential conversion.
      2094 Church St, East Troy, WI 53120
      View Details
    • $2,500,000
      2,566 SF

      Starbucks Leased Investment Opportunity

      Leased investment opportunity with Starbucks in a growing community.
      W1780 Hwy 20, East Troy, WI
      View Details
    • $2,750,000

      East Troy Industrial Investment

      34,226 SF single-tenant industrial property with long-term lease.
      2030 Young St, East Troy, WI
      View Details
    • $2,750,000
      34,226 SF

      East Troy Industrial Investment

      Single-tenant industrial property with long-term lease in East Troy.
      2030 Young St, East Troy, WI 53120
      View Details

    FAQs

    What type of property is this?
    Flex space - Industrial condo units for sale or lease in East Troy.
    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: Drive‑in door access for easy loading and unloading.; Gas heater included in each unit.; Option to combine units for larger space.
    (414) 801-9480 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Colleen Geiger
    Colleen Geiger
    Real Estate License ID: 9750194
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2460 Executive Dr, East Troy, WI
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!