Auto Shop with Fleet
For Sale
Contact for pricing
3070 Commodity Ln, Green Bay, WI 54304
Modernized service facility with paved truck circulation, wash bays, office areas, and dedicated semi-truck yard infrastructure.
Property Size11,904 SF
Price / SF$231.01
Days on Market47
Property Features for 3070 Commodity Ln
General Information
Standard status
Active
Size
11,904 SF
Property subtype
RETAIL
Additional Details
Sprinkler System
Yes
Amenities
paved truck circulation
perimeter electrical hookups for semi-truck use
office and parts areas
mezzanine support space
upgraded water infrastructure
Building Details
Year Renovated
2024
Buildings
1
Listing Agency:
NAI Pfefferle
(920) 216-2554
Listed By:
John Roberts, SIOR · License #7975894
(920) 216-2554
Source:
Moodyscre
Added: Jul 14
Changed: Aug 29
Last Checked: Aug 29 at 7:04PM
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
Investment Insights
Based on property information with market context.
This purpose-built auto shop combines a 10,560 SF gross building footprint with approximately 1,344 SF of mezzanine area, totaling 11,904 SF. The facility includes multiple large overhead doors serving service and wash bays, along with office, parts, and support areas. Interior alterations, remodeled office areas, a full sprinkler system, upgraded water infrastructure, and a major 2024 building addition are part of the improvements.
Exterior functionality is centered on a substantially improved yard with paved truck circulation and parking. Perimeter electrical hookups support semi-truck use, creating an integrated building-and-yard configuration for automotive service or fleet-oriented operations. The property is located on Commodity Lane in Ashwaubenon, at 3070 Commodity Ln, Green Bay, WI 54304.
Exterior functionality is centered on a substantially improved yard with paved truck circulation and parking. Perimeter electrical hookups support semi-truck use, creating an integrated building-and-yard configuration for automotive service or fleet-oriented operations. The property is located on Commodity Lane in Ashwaubenon, at 3070 Commodity Ln, Green Bay, WI 54304.
Key Highlights
- 11,904 SF total, including a 10,560 SF gross building footprint and approximately 1,344 SF of mezzanine area
- Major 2024 building addition with interior alterations and remodeled office/support areas
- Multiple large overhead doors serving service and wash bays
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
$131,592
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
4.79%
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%
$2,631,840
$2.6M
Cap Rate 7%
$1,879,886
$1.9M
Cap Rate 9%
$1,462,133
$1.5M
Market Conditions
NOI Build-Up for 11,904 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
$200.0K $16.80/SF
− Vacancy
−$12.0K −$1.01/SF
EGI
$188.0K $15.79/SF
− OpEx
−$56.4K −$4.74/SF
NOI
$131.6K $11.05/SF
Area
Green Bay, WI
Vacancy
6.00%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
30.00%
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%
$2,631,840
Cap Rate 7%
$1,879,886
Cap Rate 9%
$1,462,133
Alternative Uses
Best Use
Retail
$1.88M
$1.64M – $2.19M
NOI $131,592 @ 7.0% cap · market cap 4.79%
Second Best
Industrial
$757.5K
$662.8K – $883.8K
NOI $53,025 @ 7.0% cap · market cap 1.93%
Theoretical Best
Office A
$2.78M
$2.43M – $3.24M
NOI $194,273 @ 7.0% cap · market cap 7.06%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
273
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 54304, WI
27,679
Population
12,997
Households
2.1
Avg Household Size
39
Median Age
28%
College-Educated
93%
High-School Grad
11.7 sq mi
ZIP Area
2,366
Density / Sq Mi
$60,369
Median Household Income
$38,926
Median Earnings
$935
Median Rent
$200,800
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.
Similar Off Market Nearby
- Airoldi Brothers Inc — 3070 Commodity Ln, Green Bay, WI 54304
- C and G repairs — 1280 Parkview Rd, Green Bay, WI 54304
- Detail Towing — 1238 Parkview Rd, Green Bay, WI 54304
Frequently Asked Questions
What type of property is this?
Auto shop - Modernized service facility with paved truck circulation, wash bays, office areas, and dedicated semi-truck yard infrastructure.
Where is this auto shop located?
The property is located at 3070 Commodity Ln Green Bay, WI.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: 11,904 SF total, including a 10,560 SF gross building footprint and approximately 1,344 SF of mezzanine area; Major 2024 building addition with interior alterations and remodeled office/support areas; Multiple large overhead doors serving service and wash bays
