Highway-Facing Flex
For Sale
$899,900
411 Lorry Street, Amherst, WI 54406
Versatile commercial facility combines climate-controlled work areas, finished offices, and truck-accessible acreage.
Property Size6,600 SF
Lot Size2.70 Acres
Price / SF$136.35
Days on Market34
Property Features for 411 Lorry Street
General Information
Standard status
Active
Size
6,600 SF
Lot size
2.70 Acres
Property subtype
Commercial
Site & Location
Highway Access
Yes
Road Access
Yes
Warehouse & Industrial
Warehouse Space
5,000 SF
Office Build-Out
1,600 SF
Three-Phase Power
Yes
Conditioned Warehouse
Yes
Amenities
reception area
conference room
break room
Building Details
Building Size
6,600 SF
Buildings
1
Construction
steel beam
Listing Agency:
First Weber
(715) 572-7616
Listed By:
Adam Skibicki · License #89686-94
(715) 572-7616
Source:
Northwoodswi
Added: Jul 1
Changed: Aug 3
Last Checked: Aug 3 at 4:45AM
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 First Weber
Investment Insights
Based on property information with market context.
This flex space property provides approximately 6,600 square feet within a steel beam building. The layout includes 5,000 square feet of climate-controlled shop or work area and 1,600 square feet of finished office space with reception, conference, break room, and restroom areas. A second restroom serves the shop, while a mezzanine above the offices adds storage capacity. The work area includes 3-phase electrical service and 6-inch concrete floors.
The property occupies 2.7 acres along U.S. Highway 10 at 411 Lorry Street in Amherst, Wisconsin, with highway frontage and access suitable for semi-trucks, deliveries, employees, and customers. Municipal water and sewer serve the site. The sale includes the real estate only; the existing business is relocating and is not part of the transaction.
The property occupies 2.7 acres along U.S. Highway 10 at 411 Lorry Street in Amherst, Wisconsin, with highway frontage and access suitable for semi-trucks, deliveries, employees, and customers. Municipal water and sewer serve the site. The sale includes the real estate only; the existing business is relocating and is not part of the transaction.
Key Highlights
- Approximately 6,600 square feet on 2.7 acres
- 5,000 square feet of climate‑controlled shop/work space
- 1,600 square feet of finished office area
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $105.3k | $15.96 |
| − Vacancy | −$23.2k | −$3.51 |
| EGI | $82.2k | $12.45 |
| − OpEx | −$20.5k | −$3.11 |
| NOI | $61.6k | $9.34 |
6,600 SF · lease $15.96/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$880.3K
$770.3K – $1.03M
NOI $61,622 @ 7.0% cap · market cap 6.85%
Second Best
Flex RnD
$854.9K
$748.1K – $997.4K
NOI $59,846 @ 7.0% cap · market cap 6.65%
Theoretical Best
Specialty Retail
$1.28M
$1.12M – $1.50M
NOI $89,910 @ 7.0% cap · market cap 9.99%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
27
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 54406, WI
3,647
Population
1,776
Households
2.1
Avg Household Size
43
Median Age
31%
College-Educated
97%
High-School Grad
66.4 sq mi
ZIP Area
55
Density / Sq Mi
$76,445
Median Household Income
$39,615
Median Earnings
$858
Median Rent
$267,300
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 - Versatile commercial facility combines climate-controlled work areas, finished offices, and truck-accessible acreage.
Where is this flex space located?
The property is located at 411 Lorry Street Amherst, WI.
What is the asking price?
The asking price for this property is $899,900.
What are key features of this property?
This property features: Approximately 6,600 square feet on 2.7 acres; 5,000 square feet of climate‑controlled shop/work space; 1,600 square feet of finished office area
