Flex Space with
For Sale
$1,050,000
4030 CHAMPEAU Road, New Franken, WI 54229
Commercial Sale, NEW FRANKEN, WI
Property Size9,000 SF
Lot Size1.50 Acres
Price / SF$116.67
Days on Market230
Property Features for 4030 CHAMPEAU Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Elementary school district
Green Bay Area
Middle school district
Green Bay Area
High school district
Green Bay Area
Directions
HWY 57 To Algoma Exit, Right on Maloney Rd, Left on Champeau Rd- property on the left-hand side.
Standard status
Active
APN
SC-494
Lot size
1.50 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
6800
Utilities
Sewer type
Septic Tank
Heating system
Forced Air
Water source
Public
Amenities
reception area
kitchenette
conference space
shop spaces
in-floor heat
ceiling fans
ventilation
Building Details
Year built
2015
Building materials
Aluminum Siding, Brick
Listing Agency:
Shorewest, Realtors
(920) 593-4100
Listed By:
Skylar Marshall · License #94-84089
(920) 784-1961
Added: Jan 6
Changed: Aug 21
Last Checked: Aug 24 at 10:06PM
MLS# 50319626
Copyright © 2026 Realtor Association of Northeast Wisconsin. 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.
Built in 2015, this flex property combines a finished office component with warehouse improvements on 1.5 acres. The office layout includes four private offices, reception, a kitchenette, bathrooms, and a conference room. An additional 1,800 square feet above the office area provides adaptable flex space for office, storage, or light operational use.
The warehouse area is divided into two shop spaces with 18-foot walls, in-floor heat, ceiling fans, insulation, and ventilation. The property is served by public water and a septic tank, with forced-air heating and a combination of aluminum siding and brick construction. Commercial zoning supports the property’s business-oriented configuration.
The warehouse area is divided into two shop spaces with 18-foot walls, in-floor heat, ceiling fans, insulation, and ventilation. The property is served by public water and a septic tank, with forced-air heating and a combination of aluminum siding and brick construction. Commercial zoning supports the property’s business-oriented configuration.
Key Highlights
- 1.5‑acre commercial property in the Town of Scott
- 1,800 square feet of flex space above the office area
- Four private offices, reception area, kitchenette, bathrooms, and conference space
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
$78,175
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
7.45%
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%
$1,563,500
$1.6M
Cap Rate 7%
$1,116,786
$1.1M
Cap Rate 9%
$868,611
$868.6K
Market Conditions
NOI Build-Up for 9,000 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
$129.6K $14.40/SF
− Vacancy
−$9.3K −$1.04/SF
EGI
$120.3K $13.36/SF
− OpEx
−$42.1K −$4.68/SF
NOI
$78.2K $8.69/SF
Area
Brown County, WI
Vacancy
7.20%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
35.00%
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%
$1,563,500
Cap Rate 7%
$1,116,786
Cap Rate 9%
$868,611
Alternative Uses
Best Use
Warehouse
$7.53M
$6.59M – $8.78M
NOI $526,804 @ 7.0% cap · market cap 50.17%
Second Best
Industrial
$6.20M
$5.42M – $7.23M
NOI $433,839 @ 7.0% cap · market cap 41.32%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
57
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 54229, WI
4,405
Population
1,976
Households
2.2
Avg Household Size
44
Median Age
27%
College-Educated
98%
High-School Grad
38.6 sq mi
ZIP Area
114
Density / Sq Mi
$93,456
Median Household Income
$57,765
Median Earnings
$1,110
Median Rent
$278,100
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - Commercial-zoned facility combines finished offices with two heated shop areas.
Where is this flex space located?
The property is located at 4030 CHAMPEAU Road New Franken, WI.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: 1.5‑acre commercial property in the Town of Scott; 1,800 square feet of flex space above the office area; Four private offices, reception area, kitchenette, bathrooms, and conference space
