Flex Space with Secured
For Sale
Contact for pricing
2605 S CASALOMA DR, Appleton, WI 54914
Multi-building commercial property combines shop, warehouse, office, and fenced outdoor storage areas.
Property Size15,600 SF
Lot Size3.36 Acres
Price / SF$108.97
Days on Market111
Property Features for 2605 S CASALOMA DR
General Information
Standard status
Active
Size
15,600 SF
Lot size
3.36 Acres
Property subtype
Industrial
Zoning
I-2
Site & Location
Fenced Yard
Yes
Outdoor Storage
Yes
Utilities to Site
Yes
Warehouse & Industrial
Warehouse Space
12,000 SF
Office Build-Out
1,600 SF
Three-Phase Power
Yes
Amenities
fuel island
Building Details
Buildings
2
Units
2
Listing Agency:
NAI Pfefferle
Listed By:
John Roberts, SIOR · License #WI 79758-94
(920) 216-2554
Source:
Crexi
Added: Jul 9
Changed: Oct 25
Last Checked: Oct 26 at 4:35PM
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
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Investment Insights
Based on property information with market context.
This flex-space property includes a primary building with approximately 13,600 SF divided between shop and warehouse areas and office space, plus an additional approximately 2,000 SF shop building. The main structure has five grade-level drive-in doors, while the secondary building provides two more. Three-phase power serves both buildings, with LED lighting and a make-up air system in the main building.
The approximately 3.36-acre site features a fully fenced, usable yard and three separate entrance and exit points. An existing fuel island with above-ground fuel infrastructure is included. The secured outdoor area can accommodate vehicles, trailers, equipment, materials, and fleet operations.
The approximately 3.36-acre site features a fully fenced, usable yard and three separate entrance and exit points. An existing fuel island with above-ground fuel infrastructure is included. The secured outdoor area can accommodate vehicles, trailers, equipment, materials, and fleet operations.
Key Highlights
- Approximately 15,600 SF across two buildings
- Main building includes approximately 12,000 SF shop/warehouse space and 1,600 SF office
- Five grade‑level drive‑in doors in the main building; two in the secondary shop
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$89,591
Cap Rate
5.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,791,820
$1.8M
Cap Rate 7%
$1,279,871
$1.3M
Cap Rate 9%
$995,456
$995.5K
Market Conditions
NOI Build-Up for 15,600 SF
Gross rent
$147.9K $9.48/SF
− Vacancy
−$10.1K −$0.64/SF
EGI
$137.8K $8.84/SF
− OpEx
−$48.2K −$3.09/SF
NOI
$89.6K $5.74/SF
Area
Outagamie County, WI
Vacancy
6.80%
Lease Rate
$9.48 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,791,820
Cap Rate 7%
$1,279,871
Cap Rate 9%
$995,456
Alternative Uses
Best Use
Flex RnD
$1.28M
$1.12M – $1.49M
NOI $89,591 @ 7.0% cap · market cap 5.27%
Second Best
Warehouse
$1.09M
$951.2K – $1.27M
NOI $76,094 @ 7.0% cap · market cap 4.48%
Theoretical Best
Office A
$4.30M
$3.76M – $5.02M
NOI $301,080 @ 7.0% cap · market cap 17.71%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Fenced yard
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
223
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Midwest region
Similar Off Market Nearby
- Choices Catering — 2340 Holly Rd, Neenah, WI 54956
- Blue Lid BBQ — 1280 S Van Dyke Rd Unit 2, Appleton, WI 54914
Frequently Asked Questions
What type of property is this?
Flex space - Multi-building commercial property combines shop, warehouse, office, and fenced outdoor storage areas.
Where is this flex space located?
The property is located at 2605 S CASALOMA DR Appleton, WI.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Approximately 15,600 SF across two buildings; Main building includes approximately 12,000 SF shop/warehouse space and 1,600 SF office; Five grade‑level drive‑in doors in the main building; two in the secondary shop
