Flex Space with Two-Bay
For Sale
Contact for pricing
3624 14th Ave, Kenosha, WI 53140
A dedicated office and sizable outdoor area complement the garage configuration.
Property Size936 SF
Price / SF$1.71
Days on Market8
Property Features for 3624 14th Ave
General Information
Standard status
Active
Size
936 SF
Taxes and HOA fees
Annual Taxes
$3,626
Amenities
two-bay garage
dedicated office area
large exterior lot
Listing Agency:
RE/MAX ELITE
(262) 925-3000
Listed By:
Felicia Pavlica Team* · License #5353494
(262) 909-5008
Source:
Exprealty
Added: Oct 28
Changed: Nov 1
Last Checked: Nov 3 at 9:58AM
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 RE/MAX ELITE
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This flex space includes a two-bay garage, a dedicated office area, and an exterior lot. The property information gives the space size as both 930 sq. ft. and 936; because those figures conflict, neither is included here.
Key Highlights
- Two‑bay garage
- Dedicated office area
- Large exterior lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$6,410
Suggested Prices Based on Cap Rates
Cap Rate 5%
$128,200
$128.2K
Cap Rate 7%
$91,571
$91.6K
Cap Rate 9%
$71,222
$71.2K
Market Conditions
NOI Build-Up for 936 SF
Gross rent
$11.2K $12.00/SF
− Vacancy
−$1.4K −$1.46/SF
EGI
$9.9K $10.54/SF
− OpEx
−$3.5K −$3.69/SF
NOI
$6.4K $6.85/SF
Area
Kenosha County, WI
Vacancy
12.20%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$128,200
Cap Rate 7%
$91,571
Cap Rate 9%
$71,222
Alternative Uses
Best Use
Industrial
$897.4K
$785.2K – $1.05M
NOI $62,819 @ 7.0% cap · market cap 3,926.19%
Second Best
Flex RnD
$91.6K
$80.1K – $106.8K
NOI $6,410 @ 7.0% cap · market cap 400.62%
Theoretical Best
Warehouse
$1.09M
$953.5K – $1.27M
NOI $76,280 @ 7.0% cap · market cap 4,767.50%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
359
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 53140, WI
30,571
Population
14,065
Households
2.2
Avg Household Size
36
Median Age
28%
College-Educated
90%
High-School Grad
7.9 sq mi
ZIP Area
3,870
Density / Sq Mi
$56,803
Median Household Income
$34,154
Median Earnings
$1,018
Median Rent
$191,400
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
Similar Off Market Nearby
- Ruffolo's International Foods — 4420 Sheridan Rd, Kenosha, WI 53140
Frequently Asked Questions
What type of property is this?
Flex space - A dedicated office and sizable outdoor area complement the garage configuration.
Where is this flex space located?
The property is located at 3624 14th Ave Kenosha, WI.
What are key features of this property?
This property features: Two‑bay garage; Dedicated office area; Large exterior lot
