Industrial Flex Space with
New
For Sale
$1,875,000
65 Blodgett Court, Fond du Lac, WI 54937
A temperature-controlled warehouse pairs flexible industrial space with dedicated office area and Phase 3 electric service.
Property Size22,500 SF
Lot Size5.00 Acres
Price / SF$83.33
Days on Market6
Property Features for 65 Blodgett Court
General Information
Standard status
Active
Size
22,500 SF
Lot size
5.00 Acres
Property subtype
Commercial
Zoning
M-1
Warehouse & Industrial
Clear Height
16 ft
Office Build-Out
1,500 SF
Three-Phase Power
Yes
Conditioned Warehouse
Yes
Additional Details
Highway Access
Yes
Property Use
Industrial/Light Manufacturing Flex Space
Building Details
Building Size
22,500 SF
Year Built
1994
Construction
steel frame
Listing Agency:
Adashun Jones, Inc.
(920) 923-4433
Listed By:
Kevin Jones · License #91833299
(920) 251-6748
Source:
Coactionrealestate
Added: Oct 19
Changed: Oct 23
Last Checked: Oct 23 at 3:28PM
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 Adashun Jones, Inc.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 22,500-square-foot flex property sits on 5 acres and combines warehouse space with approximately 1,500 square feet of offices. The steel- and metal-framed building was completed in 1994. Warehouse features include one 10-foot overhead door, two 14-foot overhead doors, a 9-foot-wide loading dock, 16-foot ceiling clearance, and a 20-foot peak. Four new industrial furnaces provide temperature control, and the property has Phase 3 electric service.
Zoned M-1, the developed parcel has minimal setback requirements and room for expansion across the site. Access is available to HWY 151, HWY 23, and HWY 41.
Zoned M-1, the developed parcel has minimal setback requirements and room for expansion across the site. Access is available to HWY 151, HWY 23, and HWY 41.
Key Highlights
- 22,500 square feet on 5 acres
- Approximately 1,500 square feet of office space
- One 10‑foot and two 14‑foot overhead doors; 9‑foot‑wide loading dock
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$160,421
Cap Rate
8.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,208,420
$3.2M
Cap Rate 7%
$2,291,729
$2.3M
Cap Rate 9%
$1,782,456
$1.8M
Market Conditions
NOI Build-Up for 22,500 SF
Gross rent
$202.5K $9.00/SF
− Vacancy
−$13.8K −$0.61/SF
EGI
$188.7K $8.39/SF
− OpEx
−$28.3K −$1.26/SF
NOI
$160.4K $7.13/SF
Area
Fond du Lac County, WI
Vacancy
6.80%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,208,420
Cap Rate 7%
$2,291,729
Cap Rate 9%
$1,782,456
Alternative Uses
Best Use
Flex RnD
$2.92M
$2.56M – $3.41M
NOI $204,458 @ 7.0% cap · market cap 10.90%
Second Best
Warehouse
$2.29M
$2.01M – $2.67M
NOI $160,421 @ 7.0% cap · market cap 8.56%
Theoretical Best
Multifamily LT 5
$21.68M
$18.97M – $25.29M
NOI $1,517,670 @ 7.0% cap · market cap 80.94%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
16 ft
Clear height
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
161
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 54937, WI
21,333
Population
9,473
Households
2.3
Avg Household Size
43
Median Age
25%
College-Educated
93%
High-School Grad
120.1 sq mi
ZIP Area
178
Density / Sq Mi
$79,212
Median Household Income
$48,213
Median Earnings
$1,097
Median Rent
$262,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Flex space - A temperature-controlled warehouse pairs flexible industrial space with dedicated office area and Phase 3 electric service.
Where is this flex space located?
The property is located at 65 Blodgett Court Fond du Lac, WI.
What is the asking price?
The asking price for this property is $1,875,000.
What are key features of this property?
This property features: 22,500 square feet on 5 acres; Approximately 1,500 square feet of office space; One 10‑foot and two 14‑foot overhead doors; 9‑foot‑wide loading dock
