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Freestanding Flex Space Building
For Sale
$850,000

4165 W Parkway Boulevard, Appleton, WI 54913

Two separately metered suites combine warehouse areas with private restrooms and dedicated office space in one suite.

Property Size6,000 SF
Price / SF$141.67
Days on Market61

Property Features for 4165 W Parkway Boulevard

General Information

Standard status Active
Size 6,000 SF
Occupancy 100%

Site & Location

Highway Access Yes
Fenced Yard Yes

Warehouse & Industrial

Clear Height 16 ft
Three-Phase Power No

Additional Details

Office Units 2

Amenities

private restroom
dedicated office space
overhead doors
concrete floors
floor drains
single-phase electric
fully fenced yard

Building Details

Year Built 1977
Buildings 1
Building Size 6,000 SF
Construction masonry
Tenancy Single
Owner Occupied Yes
Listing Agency: Berkshire Hathaway HS Lakes & Land Real Estate
Listed By: Jade M. Peebles · License #94-87416
Source: Smartteamhomes
Added: Aug 15 Changed: Oct 10 Last Checked: Oct 7 at 2:28PM

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 Berkshire Hathaway HS Lakes & Land Real Estate

Investment Insights

Based on property information with market context.

This 6,000 SF freestanding flex space property contains two separately metered suites, each with warehouse area and a private restroom. One suite also provides dedicated office space, allowing the building to support separate occupancy or a single-user configuration. Construction includes fire-resistant masonry, concrete floors with floor drains, 16' ceilings, single-phase electric, and four 14' x 11' overhead doors. A fully fenced yard accompanies paved and gravel parking areas.

The property is located at 4165 W Parkway Boulevard in Grand Chute, Wisconsin, with access to Highways 41, 441, and 15. The building is owner-occupied and scheduled to be vacant at closing, providing flexibility for an incoming occupant or separate suite users.

Key Highlights

  • 6,000 SF freestanding industrial building with two separately metered suites
  • Four 14' x 11' overhead doors and 16' ceilings
  • Fire‑resistant masonry construction with concrete floors and floor drains

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$34,458
Cap Rate
4.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$689,160 $689.2K
Cap Rate 7%
$492,257 $492.3K
Cap Rate 9%
$382,867 $382.9K
Market Conditions
NOI Build-Up for 6,000 SF
Gross rent
$56.9K $9.48/SF
− Vacancy
−$3.9K −$0.64/SF
EGI
$53.0K $8.84/SF
− OpEx
−$18.6K −$3.09/SF
NOI
$34.5K $5.74/SF
Area
Outagamie County, WI
Vacancy
6.80%
Lease Rate
$9.48 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$689,160
Cap Rate 7%
$492,257
Cap Rate 9%
$382,867

Alternative Uses

Best Use
Flex RnD
$492.3K
$430.7K – $574.3K (±1% cap)
NOI $34,458 @ 7.0% cap · market cap 4.05%
Second Best
Warehouse
$418.1K
$365.8K – $487.8K (±1% cap)
NOI $29,267 @ 7.0% cap · market cap 3.44%
Theoretical Best
Office A
$1.65M
$1.45M – $1.93M (±1% cap)
NOI $115,800 @ 7.0% cap · market cap 13.62%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Current Use

J J Magge ... Waste Management Facility

Suggested Use

Top Pick Real Estate Agency Electrical Service HVAC Service Grocery & Convenience Store Kitchen & Bath Showroom Parking Lot & Garage

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

16 ft
Clear height
2
Office units
100%
Occupancy
Single-tenant
Tenancy
Yes
Fenced yard
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

428
Businesses Nearby
Well-served
Demand for This Use

Demographics for 54913, WI

23,818
Population
9,930
Households
2.4
Avg Household Size
40
Median Age
47%
College-Educated
98%
High-School Grad
64.2 sq mi
ZIP Area
371
Density / Sq Mi
$103,149
Median Household Income
$57,739
Median Earnings
$1,158
Median Rent
$365,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - Two separately metered suites combine warehouse areas with private restrooms and dedicated office space in one suite.
Where is this flex space located?
The property is located at 4165 W Parkway Boulevard Appleton, WI.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 6,000 SF freestanding industrial building with two separately metered suites; Four 14' x 11' overhead doors and 16' ceilings; Fire‑resistant masonry construction with concrete floors and floor drains
More about this property
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