Heavy-Industrial Auto
For Sale
$2,325,000
2738 N Sylvania Ave, Franksville, WI 53126
Versatile service facility with drive-through bays, distributed utilities, and paved and gravel areas for trailer parking or outdoor storage.
Property Size17,582 SF
Lot Size6.87 Acres
Price / SF$132.24
Days on Market95
Property Features for 2738 N Sylvania Ave
General Information
Standard status
Active
Size
17,582 SF
Class
B
Lot size
6.87 Acres
Property subtype
industrial
Zoning
M-3 Heavy Industrial
Site & Location
Highway Access
Yes
Outdoor Storage
Yes
Utilities to Site
Yes
Warehouse & Industrial
Office Build-Out
3,567 SF
Drive-In Doors
7
Power
800 amps
Voltage
480 V
Three-Phase Power
Yes
Additional Details
Service Bays
3
Amenities
Air lines, water, and power distributed throughout shop area
Air Make up System
Floor drains in each service bay
Illuminated Freeway signage
Building Details
Year Built
2010
Building Size
17,582 SF
Construction
Metal & Masonry
Listing Agency:
Milwaukee
(414) 944-2200
Listed By:
James Young · License #49879-90
(414) 944-2105
Source:
Property.jll
Added: Jul 16
Changed: Oct 11
Last Checked: Oct 16 at 6:03AM
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 Milwaukee
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Investment Insights
Based on property information with market context.
This 17,582-square-foot auto shop includes 3,567 square feet of office area within a metal and masonry building constructed in 2010. The facility is configured with three full drive-through service bays, seven grade-level doors, floor drains in each service bay, and air, water, and power distributed throughout the shop. An air makeup system supports the service area, while the building offers 24-foot peak height and 21-foot eave height.
The property sits on 6.87 acres and is zoned M-3 Heavy Industrial. Electrical service includes 800 Amp, 480 V, 3-Phase power. A mound system and well serve the property. Exterior improvements include extensive paved and gravel areas for trailer parking or outdoor storage, along with illuminated freeway signage and freeway access.
The three drive-through bays can accommodate six individual semi-trailers at once, supporting contractor, maintenance, and heavy-service operations.
The property sits on 6.87 acres and is zoned M-3 Heavy Industrial. Electrical service includes 800 Amp, 480 V, 3-Phase power. A mound system and well serve the property. Exterior improvements include extensive paved and gravel areas for trailer parking or outdoor storage, along with illuminated freeway signage and freeway access.
The three drive-through bays can accommodate six individual semi-trailers at once, supporting contractor, maintenance, and heavy-service operations.
Key Highlights
- 17,582 SF building on 6.87 acres with 3,567 SF of office space
- M‑3 Heavy Industrial zoning with 800 Amp 480 V 3‑Phase power
- Three full drive‑through service bays accommodate 6 individual semi‑trailers at once
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$178,888
Cap Rate
7.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,577,760
$3.6M
Cap Rate 7%
$2,555,543
$2.6M
Cap Rate 9%
$1,987,644
$2.0M
Market Conditions
NOI Build-Up for 17,582 SF
Gross rent
$263.7K $15.00/SF
− Vacancy
−$8.2K −$0.47/SF
EGI
$255.6K $14.54/SF
− OpEx
−$76.7K −$4.36/SF
NOI
$178.9K $10.17/SF
Area
Racine County, WI
Vacancy
3.10%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,577,760
Cap Rate 7%
$2,555,543
Cap Rate 9%
$1,987,644
Alternative Uses
Best Use
Retail
$2.56M
$2.24M – $2.98M
NOI $178,888 @ 7.0% cap · market cap 7.69%
Second Best
Flex RnD
$2.22M
$1.94M – $2.59M
NOI $155,187 @ 7.0% cap · market cap 6.67%
Theoretical Best
Office A
$4.23M
$3.70M – $4.93M
NOI $295,968 @ 7.0% cap · market cap 12.73%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
7
Drive-in doors
3
Service bays
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 53126, WI
6,889
Population
2,918
Households
2.4
Avg Household Size
46
Median Age
39%
College-Educated
94%
High-School Grad
52.5 sq mi
ZIP Area
131
Density / Sq Mi
$98,446
Median Household Income
$53,494
Median Earnings
$1,009
Median Rent
$352,400
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
Frequently Asked Questions
What type of property is this?
Auto shop - Versatile service facility with drive-through bays, distributed utilities, and paved and gravel areas for trailer parking or outdoor storage.
Where is this auto shop located?
The property is located at 2738 N Sylvania Ave Franksville, WI.
What is the asking price?
The asking price for this property is $2,325,000.
What are key features of this property?
This property features: 17,582 SF building on 6.87 acres with 3,567 SF of office space; M‑3 Heavy Industrial zoning with 800 Amp 480 V 3‑Phase power; Three full drive‑through service bays accommodate 6 individual semi‑trailers at once
