Warehouse
For Sale
$380,000
2825 Bowen St, Oshkosh, WI 54901
Functional commercial space with regional highway connectivity through I-41.
Property Size4,284 SF
Price / SF$88.70
Days on Market8
Property Features for 2825 Bowen St
General Information
Standard status
Active
Size
4,284 SF
Additional Details
Highway Access
Yes
Building Details
Year Built
1961
Listing Agency:
Beiser Realty, LLC
(920) 808-3989
Listed By:
Dyani E. Chamberlin
Source:
Smartteamhomes
Added: Aug 24
Changed: Aug 29
Last Checked: Aug 30 at 8:14PM
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 Beiser Realty, LLC
Investment Insights
Based on property information with market context.
Built in 1961, this warehouse property offers functional space for industrial, warehousing, storage, distribution, or owner-occupant operations. The asset provides an established facility profile for businesses seeking warehouse-oriented space in Oshkosh.
Located at 2825 Bowen St in Oshkosh, Wisconsin, the property connects with I-41 and other major transportation routes. Its Fox Valley setting supports access throughout the surrounding market. The combination of an existing warehouse facility and regional highway connectivity creates a practical option for industrial users, storage operations, distribution functions, or an owner-occupant seeking operational space.
Located at 2825 Bowen St in Oshkosh, Wisconsin, the property connects with I-41 and other major transportation routes. Its Fox Valley setting supports access throughout the surrounding market. The combination of an existing warehouse facility and regional highway connectivity creates a practical option for industrial users, storage operations, distribution functions, or an owner-occupant seeking operational space.
Key Highlights
- Functional warehouse space supporting industrial, storage, warehousing, and distribution uses
- Owner‑occupant use identified among the property’s potential applications
- Regional highway connectivity via I‑41
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$25,753
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.78%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$515,060
$515.1K
Cap Rate 7%
$367,900
$367.9K
Cap Rate 9%
$286,144
$286.1K
Market Conditions
NOI Build-Up for 4,284 SF
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.
Gross rent
$33.4K $7.80/SF
− Vacancy
−$3.1K −$0.73/SF
EGI
$30.3K $7.07/SF
− OpEx
−$4.5K −$1.06/SF
NOI
$25.8K $6.01/SF
Area
Winnebago County, WI
Vacancy
9.33%
Lease Rate
$7.80 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$515,060
Cap Rate 7%
$367,900
Cap Rate 9%
$286,144
Alternative Uses
Best Use
Flex RnD
$541.0K
$473.4K – $631.2K
NOI $37,872 @ 7.0% cap · market cap 9.97%
Second Best
Warehouse
$367.9K
$321.9K – $429.2K
NOI $25,753 @ 7.0% cap · market cap 6.78%
Theoretical Best
Office A
$924.6K
$809.1K – $1.08M
NOI $64,725 @ 7.0% cap · market cap 17.03%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
127
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 54901, WI
37,594
Population
15,381
Households
2.4
Avg Household Size
33
Median Age
24%
College-Educated
92%
High-School Grad
16.6 sq mi
ZIP Area
2,265
Density / Sq Mi
$61,734
Median Household Income
$31,289
Median Earnings
$932
Median Rent
$164,000
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Warehouse - Functional commercial space with regional highway connectivity through I-41.
Where is this warehouse located?
The property is located at 2825 Bowen St Oshkosh, WI.
What is the asking price?
The asking price for this property is $380,000.
What are key features of this property?
This property features: Functional warehouse space supporting industrial, storage, warehousing, and distribution uses; Owner‑occupant use identified among the property’s potential applications; Regional highway connectivity via I‑41
