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Mukwonago Industrial Property For Sale

640-654 Perkins Drive Mukwonago, WI 53149

640-654 Perkins Drive, Mukwonago, WI, 53149
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20,000 SqFt industrial property available in Mukwonago, Wisconsin.

Property Size20,000 SF
Price / SF$117.50
AddedMay 12
Days on Market65
Last RefreshJul 15 at 4:52 pm

Property Features for 640-654 Perkins Drive

General Information

Standard status
Active
Size
20,000 SF
Property subtype
Industrial

Building Details

Year Built
1996

Listing office Twelve2 Commercial Group LLC

Listing date May 12, 2026

Source Crexi

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 Twelve2 Commercial Group LLC


Investment Insights

Based on property information with market context.

This industrial property, located in Mukwonago, Wisconsin, offers 20,000 square feet of space and is available for sale.

Key Highlights

  • 20,000 SqFt Industrial Space available.
  • Industrial Property built in 1996.

Local Financial Insights For Industrial

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 $109.4k $5.47
− Vacancy −$5.4k −$0.27
EGI $104.0k $5.20
− OpEx −$31.2k −$1.56
NOI $72.8k $3.64
20,000 SF · lease $5.47/SF/yr · vacancy 4.90% · expense 30.00%

Alternative Uses

Best Use
Industrial
$1.04M
$910.4K – $1.21M (±1% cap)
NOI $72,828 @ 7.0% cap · market cap 3.10%
Second Best
—
—
no second resolved use
Theoretical Best
Flex RnD
$10.21M
$8.93M – $11.91M (±1% cap)
NOI $714,519 @ 7.0% cap · market cap 30.41%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Industrial properties

Suggested Use

Real Estate Agency Law Firm Building Supply Restaurant Electrical Service Storage Facility HVAC Service Auto Repair Shop Parking Lot & Garage Grocery & Convenience Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Industrial property - 20,000 SqFt industrial property available in Mukwonago, Wisconsin.
Where is this industrial property located?
The property is located at 640-654 Perkins Drive Mukwonago, WI.
What is the asking price?
The asking price for this property is $2,350,000.
What are key features of this property?
This property features: 20,000 SqFt Industrial Space available.; Industrial Property built in 1996.
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