Flex Space Shell
For Sale
$399,000
3929 County Road Kw -, Port Washington, WI 53074
New shell-condition flex space with 200-amp electrical service and preliminary plumbing infrastructure.
Property Size5,000 SF
Price / SF$79.80
Days on Market95
Property Features for 3929 County Road Kw -
General Information
Standard status
Active
Size
5,000 SF
Additional Details
Asking Price
$359,000
Power
200 amps
Building Details
Year Built
2025
Listing Agency:
RE/MAX United - Port Washington
Listed By:
Owen T Didier · License #8430994
(414) 881-3293
Source:
Nikolicgroup
Added: Jul 17
Changed: Oct 17
Last Checked: Oct 7 at 5:38PM
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 United - Port Washington
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 5,000-square-foot flex space is planned as a shell-condition building with completion scheduled for April 2026. The delivered configuration excludes heating, drywall, and bathrooms, allowing the interior finish plan to be determined separately.
The building will include 200-amp electrical service, a floor drain, and plumbing lines installed below the floor in rough-in form. It is located at 3929 County Road Kw in Port Washington, Wisconsin.
The building will include 200-amp electrical service, a floor drain, and plumbing lines installed below the floor in rough-in form. It is located at 3929 County Road Kw in Port Washington, Wisconsin.
Key Highlights
- 5,000 SF flex space
- Completion scheduled for April 2026
- Shell condition excludes heating, drywall, and bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,085
Cap Rate
5.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$441,700
$441.7K
Cap Rate 7%
$315,500
$315.5K
Cap Rate 9%
$245,389
$245.4K
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$27.4K $5.47/SF
− Vacancy
−$1.4K −$0.27/SF
EGI
$26.0K $5.20/SF
− OpEx
−$3.9K −$0.78/SF
NOI
$22.1K $4.42/SF
Area
Ozaukee County, WI
Vacancy
5.00%
Lease Rate
$5.47 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$441,700
Cap Rate 7%
$315,500
Cap Rate 9%
$245,389
Alternative Uses
Best Use
Warehouse
$315.5K
$276.1K – $368.1K
NOI $22,085 @ 7.0% cap · market cap 5.54%
Second Best
Industrial
$260.1K
$227.6K – $303.5K
NOI $18,207 @ 7.0% cap · market cap 4.56%
Theoretical Best
Office A
$1.18M
$1.03M – $1.37M
NOI $82,464 @ 7.0% cap · market cap 20.67%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
9
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 53074, WI
13,379
Population
5,859
Households
2.3
Avg Household Size
42
Median Age
36%
College-Educated
96%
High-School Grad
30.3 sq mi
ZIP Area
442
Density / Sq Mi
$78,944
Median Household Income
$48,089
Median Earnings
$1,024
Median Rent
$276,200
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Flex space - New shell-condition flex space with 200-amp electrical service and preliminary plumbing infrastructure.
Where is this flex space located?
The property is located at 3929 County Road Kw - Port Washington, WI.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: 5,000 SF flex space; Completion scheduled for April 2026; Shell condition excludes heating, drywall, and bathrooms
