Kenosha Office Space For
For Sale
$599,900
4235 Green Bay Road 8&9, Kenosha, WI 53144
2,700 SF office space available in Kenosha, Wisconsin.
Property Size2,700 SF
Price / SF$222.19
Days on Market147
Property Features for 4235 Green Bay Road 8&9
General Information
Standard status
Active
Size
2,700 SF
Building Details
Year Built
1977
Listing Agency:
Better Homes and Gardens Real Estate Power Realty
Listed By:
Michael Zoerner · License #56989-90
(262) 654-7653
Source:
Jwregwi
Added: May 27
Changed: Oct 10
Last Checked: Oct 7 at 2:23PM
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 Better Homes and Gardens Real Estate Power Realty
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Investment Insights
Based on property information with market context.
This commercial real estate offers 2,700 square feet of office space. The property is located on Green Bay Road in Kenosha, Wisconsin.
Key Highlights
- 2,700 SF office space available
- Located in Kenosha, Wisconsin
- Year Built: 1977
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,977
Cap Rate
5.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$679,540
$679.5K
Cap Rate 7%
$485,386
$485.4K
Cap Rate 9%
$377,522
$377.5K
Market Conditions
NOI Build-Up for 2,700 SF
Gross rent
$56.7K $21.00/SF
− Vacancy
−$11.4K −$4.22/SF
EGI
$45.3K $16.78/SF
− OpEx
−$11.3K −$4.19/SF
NOI
$34.0K $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%
$679,540
Cap Rate 7%
$485,386
Cap Rate 9%
$377,522
Alternative Uses
Best Use
Office B
$485.4K
$424.7K – $566.3K
NOI $33,977 @ 7.0% cap · market cap 5.66%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$3.14M
$2.75M – $3.67M
NOI $220,039 @ 7.0% cap · market cap 36.68%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
352
Businesses Nearby
Explore this area
Business Placement
Demographics for 53144, WI
26,702
Population
10,731
Households
2.5
Avg Household Size
37
Median Age
32%
College-Educated
91%
High-School Grad
43.4 sq mi
ZIP Area
615
Density / Sq Mi
$71,111
Median Household Income
$42,017
Median Earnings
$1,136
Median Rent
$248,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office unit - 2,700 SF office space available in Kenosha, Wisconsin.
Where is this office unit located?
The property is located at 4235 Green Bay Road 8&9 Kenosha, WI.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: 2,700 SF office space available; Located in Kenosha, Wisconsin; Year Built: 1977
