Multi-Tenant Flex Industrial
For Sale
$3,280,000
4505-4515 S Taylor Dr, Sheboygan, WI 53081
Office and warehouse areas support a multi-tenant configuration, with a 7,000 SF suite currently available for lease.
Property Size30,236 SF
Lot Size4.40 Acres
Price / SF$107.40
Days on Market10
Property Features for 4505-4515 S Taylor Dr
General Information
Standard status
Active
Size
30,236 SF
Lot size
4.40 Acres
Warehouse & Industrial
Clear Height
18 ft
Dock-High Doors
6
Drive-In Doors
4
Sprinkler System
Yes
Building Details
Year Built
2000
Building Size
30,236 SF
Construction
steel frame and split-face block
Tenancy
Multi
Listing Agency:
Paradigm Real Estate
Listed By:
Brian Parrish · License #5673790
(262) 717-5151
Source:
Sellingsheboygan
Added: Sep 28
Changed: Sep 29
Last Checked: Oct 5 at 10:25PM
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 Paradigm Real Estate
Investment Insights
Based on property information with market context.
Built in 2000, this flex industrial property combines warehouse and office space in a steel-frame building with split-face block construction. The multi-tenant layout includes a 7,000 SF suite available for lease. Building features include 18' clear height, six dock doors, four grade-level doors, a sprinkler system, and air conditioning, along with a paved yard area.
The property occupies 4.4 acres in Sheboygan's business park and offers visibility to I-43.
The property occupies 4.4 acres in Sheboygan's business park and offers visibility to I-43.
Key Highlights
- 4.4‑acre property in Sheboygan's business park with visibility to I‑43
- Multi‑tenant flex industrial layout with warehouse and office space
- 7,000 SF suite available for lease
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$269,561
Cap Rate
8.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,391,220
$5.4M
Cap Rate 7%
$3,850,871
$3.9M
Cap Rate 9%
$2,995,122
$3.0M
Market Conditions
NOI Build-Up for 30,540 SF
Gross rent
$439.8K $14.40/SF
− Vacancy
−$25.1K −$0.82/SF
EGI
$414.7K $13.58/SF
− OpEx
−$145.1K −$4.75/SF
NOI
$269.6K $8.83/SF
Area
Sheboygan County, WI
Vacancy
5.70%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,391,220
Cap Rate 7%
$3,850,871
Cap Rate 9%
$2,995,122
Alternative Uses
Best Use
Flex RnD
$3.85M
$3.37M – $4.49M
NOI $269,561 @ 7.0% cap · market cap 8.22%
Second Best
Warehouse
$3.32M
$2.91M – $3.87M
NOI $232,463 @ 7.0% cap · market cap 7.09%
Theoretical Best
Office A
$6.66M
$5.82M – $7.77M
NOI $465,913 @ 7.0% cap · market cap 14.20%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
18 ft
Clear height
6
Dock-high doors
4
Drive-in doors
Multi-tenant
Tenancy
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
105
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 53081, WI
43,465
Population
20,121
Households
2.2
Avg Household Size
38
Median Age
22%
College-Educated
90%
High-School Grad
23.3 sq mi
ZIP Area
1,865
Density / Sq Mi
$62,401
Median Household Income
$42,329
Median Earnings
$866
Median Rent
$169,700
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Office and warehouse areas support a multi-tenant configuration, with a 7,000 SF suite currently available for lease.
Where is this flex space located?
The property is located at 4505-4515 S Taylor Dr Sheboygan, WI.
What is the asking price?
The asking price for this property is $3,280,000.
What are key features of this property?
This property features: 4.4‑acre property in Sheboygan's business park with visibility to I‑43; Multi‑tenant flex industrial layout with warehouse and office space; 7,000 SF suite available for lease
