Industrial Flex Facility with
658 N Progress Drive Saukville, WI 53080
For Sale
Contact for pricing
Functional industrial/flex facility with drive-in loading and outdoor storage options and convenient I-43 access.
Property Size8,600 SF
Price / SF$106.40
Days on Market78
Property Features for 658 N Progress Drive
General Information
- Standard status
- Active
- Size
- 8,600 SF
- Property subtype
- Industrial
Listing Agency:
Founders 3 Real Estate Services Office & Industrial Brokerage Division
(414) 249-2305
Listed By:
Paul McBride · License #WI 94-58204
Source:
Crexi
Added: May 8
Changed: Jul 22
Last Checked: Jul 23 at 3:32PM
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 Founders 3 Real Estate Services Office & Industrial Brokerage Division
Investment Insights
Based on property information with market context.
This functional industrial/flex facility is well-suited for contractor, warehouse, service, or owner/occupier use. The property includes drive-in loading and outdoor storage capabilities, supporting operations that require both flexible space and material staging.
Located at 658 N Progress Drive in Saukville, WI, the facility offers excellent access to I-43, supporting efficient regional connectivity for deliveries and daily operations.
Located at 658 N Progress Drive in Saukville, WI, the facility offers excellent access to I-43, supporting efficient regional connectivity for deliveries and daily operations.
Key Highlights
- Functional industrial/flex facility at 658 N Progress Drive in Saukville, WI
- Drive‑in loading for industrial/flex operations
- Outdoor storage capabilities
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 | $47.0k | $5.47 |
| − Vacancy | −$2.4k | −$0.27 |
| EGI | $44.7k | $5.20 |
| − OpEx | −$6.7k | −$0.78 |
| NOI | $38.0k | $4.42 |
8,600 SF · lease $5.47/SF/yr · vacancy 5.00% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$542.7K
$474.8K – $633.1K
NOI $37,986 @ 7.0% cap · market cap 4.15%
Second Best
Industrial
$447.4K
$391.5K – $521.9K
NOI $31,316 @ 7.0% cap · market cap 3.42%
Theoretical Best
Office A
$2.03M
$1.77M – $2.36M
NOI $141,838 @ 7.0% cap · market cap 15.50%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Protanic Inc
Sustainability Organization
Purpora Engineering
Sustainability Organization
FAQs
What type of property is this?
Flex space - Functional industrial/flex facility with drive-in loading and outdoor storage options and convenient I-43 access.
Where is this flex space located?
The property is located at 658 N Progress Drive Saukville, WI.
What is the asking price?
The asking price for this property is $915,000.
What are key features of this property?
This property features: Functional industrial/flex facility at 658 N Progress Drive in Saukville, WI; Drive‑in loading for industrial/flex operations; Outdoor storage capabilities
