Automotive Shop with Office
For Sale
$599,000
2800 Wisconsin St, Sturtevant, WI 53177
B-2 commercial property combines customer-facing offices with a rear service area and substantial paved vehicle storage.
Property Size3,000 SF
Price / SF$199.67
Days on Market48
Property Features for 2800 Wisconsin St
General Information
Standard status
Active
Size
3,000 SF
Building Details
Year Built
1988
Listing Agency:
SynerG Realty LLC
Listed By:
Patrick Vandenberg
(262) 554-0380
Source:
Jwregwi
Added: Aug 19
Changed: Sep 13
Last Checked: Oct 4 at 11:38AM
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 SynerG Realty LLC
Investment Insights
Based on property information with market context.
This automotive shop at 2800 Wisconsin St includes approximately 3,000 square feet of improvements arranged for both administrative and service functions. The front portion provides a reception area, front office, and four private offices that can be reconfigured for meetings or other workspace needs. A rear shop area accommodates two vehicle lifts, detailing work, tools, and equipment, with a mini-kitchen, laundry area, and bathroom with shower also included.
The property is zoned B-2 Commercial and features a large paved lot capable of holding dozens of vehicles. Its Sturtevant setting places the building directly across from Castlewood Restaurant, providing a clearly identifiable commercial position. The real estate is offered for sale, while the established automotive business operating at the property for more than 20 years may be available separately.
The property is zoned B-2 Commercial and features a large paved lot capable of holding dozens of vehicles. Its Sturtevant setting places the building directly across from Castlewood Restaurant, providing a clearly identifiable commercial position. The real estate is offered for sale, while the established automotive business operating at the property for more than 20 years may be available separately.
Key Highlights
- Approximately 3,000 square feet with reception, front office, and four private offices
- Rear service shop has ceiling height for two vehicle lifts
- Detailing area plus dedicated tool and equipment space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,523
Cap Rate
5.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$610,460
$610.5K
Cap Rate 7%
$436,043
$436.0K
Cap Rate 9%
$339,144
$339.1K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$45.0K $15.00/SF
− Vacancy
−$1.4K −$0.47/SF
EGI
$43.6K $14.54/SF
− OpEx
−$13.1K −$4.36/SF
NOI
$30.5K $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%
$610,460
Cap Rate 7%
$436,043
Cap Rate 9%
$339,144
Alternative Uses
Best Use
Retail
$436.0K
$381.5K – $508.7K
NOI $30,523 @ 7.0% cap · market cap 5.10%
Second Best
Flex RnD
$378.3K
$331.0K – $441.3K
NOI $26,479 @ 7.0% cap · market cap 4.42%
Theoretical Best
Office A
$721.4K
$631.3K – $841.7K
NOI $50,501 @ 7.0% cap · market cap 8.43%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
198
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 53177, WI
8,482
Population
2,566
Households
3.3
Avg Household Size
40
Median Age
24%
College-Educated
90%
High-School Grad
27.6 sq mi
ZIP Area
307
Density / Sq Mi
$77,409
Median Household Income
$46,314
Median Earnings
$1,295
Median Rent
$228,900
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
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Frequently Asked Questions
What type of property is this?
Auto shop - B-2 commercial property combines customer-facing offices with a rear service area and substantial paved vehicle storage.
Where is this auto shop located?
The property is located at 2800 Wisconsin St Sturtevant, WI.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Approximately 3,000 square feet with reception, front office, and four private offices; Rear service shop has ceiling height for two vehicle lifts; Detailing area plus dedicated tool and equipment space
