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Industrial Distribution Building with Drive-Through
For Sale
$2,200,000

2974 Airport Rd, La Crosse, WI 54603

COMMERCIAL - La Crosse, WI

Property Size16,080 SF
Lot Size1.50 Acres
Price / SF$136.82
Days on Market50

Property Features for 2974 Airport Rd

General Information

Property type Commercial Sale
Property subtype Other
Zoning Comm
Directions From Exit 2 on Hwy 90 West take the Off Ramp to Bainbridge Road, Right onto Airport Road just behind the La Crosse Regional Airport Terminal.
Standard status Active
APN 017010530195
Size 16,080 SF
Lot size 1.50 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 2800

Building Details

Year built 2000
Architectural style Other
Listing Agency: Gerrard-Hoeschler, REALTORS
Listed By: Brian McCarty · License #80000-94
Added: Jun 17 Changed: Aug 4 Last Checked: Aug 5 at 8:06PM
MLS# 1968027

Copyright © 2026 Metro MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This industrial warehouse/distribution building totals 16,080 square feet and sits on 1.5 acres. The facility includes four 14-foot overhead doors configured for drive-through warehousing. The property is available for sale or lease with a minimum three-year lease term, subject to protective covenants and applicable municipal and federal airport zoning laws.

Located within La Crosse’s Airport Industrial Park, the offering is part of a larger multi-lot industrial development that includes manufacturing facilities, operational hubs, and regional shipping facilities. The property is listed as 2974 Airport Rd in La Crosse, WI 54603, under zoning identified as “Comm.”

Key Highlights

  • 16,000 SF industrial building built in 2000 on 1.5 acres
  • La Crosse Airport Industrial Park setting with 21 lots across 95 acres
  • Four 14 ft overhead drive‑thru doors for warehousing/loading

Financial Insights For Warehouse

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 $152.4k $9.48
− Vacancy −$10.4k −$0.64
EGI $142.1k $8.84
− OpEx −$21.3k −$1.33
NOI $120.8k $7.51
16,080 SF · lease $9.48/SF/yr · vacancy 6.80% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$1.73M
$1.51M – $2.01M (±1% cap)
NOI $120,762 @ 7.0% cap · market cap 5.49%
Second Best
Industrial
$1.42M
$1.24M – $1.66M (±1% cap)
NOI $99,451 @ 7.0% cap · market cap 4.52%
Theoretical Best
Specialty Retail
$3.52M
$3.08M – $4.10M (±1% cap)
NOI $246,169 @ 7.0% cap · market cap 11.19%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

FedEx Ship Center Courier Service

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Hair Salon Auto Repair Shop Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Drive-in doors

Location Intelligence

Trade Area within ½ mile

139
Businesses Nearby
Well-served
Demand for This Use

Demographics for 54603, WI

14,203
Population
7,168
Households
2
Avg Household Size
39
Median Age
21%
College-Educated
92%
High-School Grad
8.9 sq mi
ZIP Area
1,596
Density / Sq Mi
$49,693
Median Household Income
$37,917
Median Earnings
$936
Median Rent
$175,500
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Galaxy Self-Storage 2620 Fanta Reed Rd, La Crosse, WI 54603
  • Pack N Pay 3007 Lakeshore Dr, La Crosse, WI 54603
  • Island Park Self Storage Breezy Point Rd, La Crosse, WI 54603

Frequently Asked Questions

What type of property is this?
Warehouse - Industrial building with four 14-foot overhead doors and drive-through warehousing, offered for sale or lease in La Crosse’s airport industrial park.
Where is this warehouse located?
The property is located at 2974 Airport Rd La Crosse, WI.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: 16,000 SF industrial building built in 2000 on 1.5 acres; La Crosse Airport Industrial Park setting with 21 lots across 95 acres; Four 14 ft overhead drive‑thru doors for warehousing/loading
More about this property
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