Industrial Portfolio with Rubber
For Sale
Contact for pricing
5101 N 124th St, Butler, WI 53007
Two-building industrial portfolio with freeway access and a rubber roof approximately six years old.
Property Size3,840 SF
Price / SF$128.91
Days on Market179
Property Features for 5101 N 124th St
General Information
Standard status
Active
Size
3,840 SF
Property subtype
INDUSTRIAL
Additional Details
Highway Access
Yes
Building Details
Buildings
2
Listing Agency:
The Barry Company
(414) 271-1870
Listed By:
Kevin C. Barry, CCIM · License #56067
(414) 272-6728
Source:
Moodyscre
Added: Apr 21
Changed: Aug 31
Last Checked: Aug 31 at 12:22AM
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 The Barry Company
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Investment Insights
Based on property information with market context.
This industrial portfolio comprises two buildings totaling 3,840 square feet. The property at 5101 N 124th St contains 3,240 square feet, while the companion building at 5105 N 124th St provides an additional 600 square feet. A rubber roof approximately six years old serves the portfolio.
Both properties are located in Butler, Wisconsin, with immediate access to the freeway. The two-building configuration offers a practical industrial footprint across separate addresses within the same portfolio.
Both properties are located in Butler, Wisconsin, with immediate access to the freeway. The two-building configuration offers a practical industrial footprint across separate addresses within the same portfolio.
Key Highlights
- Two‑building industrial portfolio totaling 3,840 square feet
- 3,240‑square‑foot building at 5101 N 124th St
- 600‑square‑foot building at 5105 N 124th St
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,983
Cap Rate
2.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$279,660
$279.7K
Cap Rate 7%
$199,757
$199.8K
Cap Rate 9%
$155,367
$155.4K
Market Conditions
NOI Build-Up for 3,840 SF
Gross rent
$21.0K $5.47/SF
− Vacancy
−$1.0K −$0.27/SF
EGI
$20.0K $5.20/SF
− OpEx
−$6.0K −$1.56/SF
NOI
$14.0K $3.64/SF
Area
Waukesha County, WI
Vacancy
4.90%
Lease Rate
$5.47 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$279,660
Cap Rate 7%
$199,757
Cap Rate 9%
$155,367
Alternative Uses
Best Use
Industrial
$199.8K
$174.8K – $233.1K
NOI $13,983 @ 7.0% cap · market cap 2.82%
Second Best
—
—
no second resolved use
Theoretical Best
Flex RnD
$1.96M
$1.71M – $2.29M
NOI $137,188 @ 7.0% cap · market cap 27.71%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
688
Businesses Nearby
Explore this area
Business Placement
Demographics for 53007, WI
1,787
Population
907
Households
2
Avg Household Size
42
Median Age
30%
College-Educated
93%
High-School Grad
0.8 sq mi
ZIP Area
2,234
Density / Sq Mi
$55,577
Median Household Income
$41,250
Median Earnings
$937
Median Rent
$216,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Industrial property - Two-building industrial portfolio with freeway access and a rubber roof approximately six years old.
Where is this industrial property located?
The property is located at 5101 N 124th St Butler, WI.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Two‑building industrial portfolio totaling 3,840 square feet; 3,240‑square‑foot building at 5101 N 124th St; 600‑square‑foot building at 5105 N 124th St
