Three-Room Office
4-1111 55th Street, Kenosha, WI 53140
For Sale
New
Contact for pricing
The suite includes a lobby, three office rooms, and owner-paid utilities.
Property Size520 SF
Price / SF$1.15
Days on Market7
Property Features for 4-1111 55th Street
General Information
Standard status
Size
Additional Details
Utilities to Site
Property Use
Taxes and HOA fees
Annual Taxes
Listing Agency:
Real Broker LLC
(608) 471-6880
Listed By:
Steve Robe Elite Team* · License WI #5804090
(262) 705-8125
Source:
Exprealty
Added: Nov 7
Changed: Nov 10
Last Checked: Nov 12 at 12:00PM
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 Real Broker LLC
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Investment Insights
Based on property information with market context.
This 520-square-foot office suite is arranged with three office rooms and a lobby. A shared bathroom is located in the hallway serving the office. Utilities are paid by the owner.
Key Highlights
- 520‑square‑foot office suite
- Three office rooms and a lobby
- Shared hallway bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$6,544
Suggested Prices Based on Cap Rates
Cap Rate 5%
$130,880
$130.9K
Cap Rate 7%
$93,486
$93.5K
Cap Rate 9%
$72,711
$72.7K
Market Conditions
NOI Build-Up for 520 SF
Gross rent
$10.9K $21.00/SF
− Vacancy
−$2.2K −$4.22/SF
EGI
$8.7K $16.78/SF
− OpEx
−$2.2K −$4.19/SF
NOI
$6.5K $12.58/SF
Area
Kenosha County, WI
Vacancy
20.10%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$130,880
Cap Rate 7%
$93,486
Cap Rate 9%
$72,711
Alternative Uses
Best Use
Office B
$93.5K
$81.8K – $109.1K
NOI $6,544 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$114.0K
$99.7K – $133.0K
NOI $7,977 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,133
Businesses Nearby
Explore this area
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
$191,400
Median Home Value
Market
Average Price Trend$/SF for Office Units in Kenosha County, WI
Properties on Market for Office Units in Kenosha County
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office unit - The suite includes a lobby, three office rooms, and owner-paid utilities.
Where is this office unit located?
The property is located at 4-1111 55th Street Kenosha, WI.
What are key features of this property?
This property features: 520‑square‑foot office suite; Three office rooms and a lobby; Shared hallway bathroom
