Warehouse with Drive-In
601 Nathan Ln Elkhorn, WI 53121
601 Nathan Ln, Elkhorn, WI, 53121
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For Sale
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Warehouse in Elkhorn Business & Industry Park featuring three 10' drive-in doors, 12' clear height, and 3-phase power.
Property Size3,537 SF
Price / SF$120.16
Days on Market35
Property Features for 601 Nathan Ln
General Information
- Standard status
- Active
- Size
- 3,537 SF
- Property subtype
- INDUSTRIAL
Properties For Sale
at 601 Nathan Ln Contact us
Listing agency
Anderson Commercial Group, LLC
(414) 550-8925
Listed by
Kristen Parks · License #9034194
(414) 550-8925
Source
Moodyscre
Added: Jun 18 Updated: Jul 22 at 3:15AM Checked: Jul 22 at 3:15AM
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 Anderson Commercial Group, LLC
Investment Insights
Based on property information with market context.
This warehouse is located in the Elkhorn Business & Industry Park and includes three 10' drive-in doors. The building offers 12' clear height and clear span throughout, supported by 3-phase power.
Conveniently, it is positioned just minutes from I-43, Hwy 12, and Hwy 67.
The drive-in doors include floor drains, supporting straightforward day-to-day loading and unloading operations.
Conveniently, it is positioned just minutes from I-43, Hwy 12, and Hwy 67.
The drive-in doors include floor drains, supporting straightforward day-to-day loading and unloading operations.
Key Highlights
- Warehouse located in the Elkhorn Business & Industry Park
- Three 10' drive‑in doors, each with floor drains
- 12' clear height and clear span throughout
Local Financial Insights For Warehouse
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 | $42.4k | $12.00 |
| − Vacancy | −$255 | −$0.07 |
| EGI | $42.2k | $11.93 |
| − OpEx | −$6.3k | −$1.79 |
| NOI | $35.9k | $10.14 |
3,537 SF · lease $12.00/SF/yr · vacancy 0.60% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$512.3K
$448.3K – $597.7K
NOI $35,861 @ 7.0% cap · market cap 8.44%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$682.6K
$597.3K – $796.4K
NOI $47,781 @ 7.0% cap · market cap 11.24%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Bearings Inc South
Auto Parts Store
Similar For Sale Nearby
Similar Off Market Nearby
- Centralia Distribution & Storage - Warehouse — 427 E Centralia St, Elkhorn, WI 53121
- Depot Lane Storage — Elkhorn, WI 53121
- Wisconsin Industrial Products — Elkhorn, WI 53121
FAQs
What type of property is this?
Warehouse - Warehouse in Elkhorn Business & Industry Park featuring three 10' drive-in doors, 12' clear height, and 3-phase power.
Where is this warehouse located?
The property is located at 601 Nathan Ln Elkhorn, WI.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Warehouse located in the Elkhorn Business & Industry Park; Three 10' drive‑in doors, each with floor drains; 12' clear height and clear span throughout
