Listing Agency: Seidl & Associates a Div of Shorewest, Realtors d***@shorewest.com Show Phone

Listed By: Don Jr Pouwels · License #9454685 Show Phone

Source: Exprealty

Added: Jan 6 Changed: Jul 21 Last Checked: Aug 10 at 8:30AM

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Investment Insights

Based on property information with market context.

This for-sale office and warehouse facility includes a finished office suite with four private offices, a reception area, kitchenette, bathroom, and a dedicated conference room. An additional upper-level flex area of 1,800 square feet provides room for expanded offices, storage, or other operational needs.

The warehouse is designed for day-to-day operations, featuring two shop areas with 18-foot walls. Improvements include in-floor heat, excellent insulation, ceiling fans, and proper ventilation.

The property is situated on 1.5 acres and offers a combined office and industrial workspace intended to support a wide range of business operations under one roof.

Key Highlights

• Approximately 9,000 SF total commercial space on 1.5 acres in the Town of Scott, with finished office plus warehouse.
• Finished office suite includes four private offices, reception, kitchenette, bathroom, and a dedicated conference room.
• Additional 1,800 SF upper‑level flex space for expanded offices, storage, or operational use.

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

$52,413

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

4.99%

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%

$1,048,260 $1.0M

Cap Rate 7%

$748,757 $748.8K

Cap Rate 9%

$582,367 $582.4K

Market Conditions

NOI Build-Up for 10,800 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

$63.5K $5.88/SF

− Vacancy

−$1.8K −$0.17/SF

EGI

$61.7K $5.71/SF

− OpEx

−$9.2K −$0.86/SF

NOI

$52.4K $4.85/SF

Area

Green Bay, WI

Vacancy

2.90%

Lease Rate

$5.88 /SF/Yr

Expense Ratio

15.00%

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%

$1,048,260

Cap Rate 7%

$748,757

Cap Rate 9%

$582,367

Alternative Uses

Best Use

Office B

$1.82M

$1.59M – $2.13M (±1% cap)

NOI $127,526 @ 7.0% cap · market cap 12.15%

Second Best

Flex RnD

$1.39M

$1.21M – $1.62M (±1% cap)

NOI $97,044 @ 7.0% cap · market cap 9.24%

Theoretical Best

Office A

$2.52M

$2.20M – $2.94M (±1% cap)

NOI $176,256 @ 7.0% cap · market cap 16.79%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Storage Facility Auto Repair Shop Furniture & Home Goods Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

18 ft

Clear height

Location Intelligence

Trade Area within ½ mile

51

Businesses Nearby

Balanced

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

13.7% 2019

15.6% 2020

17.1% 2021

18.9% 2022

21% 2023

22% 2024

21.3% 2025

Questions? Ask Rey

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What type of property is this? Where is this flex space located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Flex space - Includes a finished office suite and a heated warehouse with two shop areas and 18-foot walls on 1.5 acres.

Where is this flex space located?

The property is located at 4030 Champeau Road Scott, 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: Approximately 9,000 SF total commercial space on 1.5 acres in the Town of Scott, with finished office plus warehouse.; Finished office suite includes four private offices, reception, kitchenette, bathroom, and a dedicated conference room.; Additional 1,800 SF upper‑level flex space for expanded offices, storage, or operational use.