Industrial Flex Facility with
For Sale
Contact for pricing
662 N Progress Dr, Saukville, WI 53080
Adaptable commercial facility with drive-in loading and capacity for outdoor storage.
Property Size8,600 SF
Price / SF$106.40
Days on Market165
Property Features for 662 N Progress Dr
General Information
Standard status
Active
Size
8,600 SF
Property subtype
INDUSTRIAL
Site & Location
Highway Access
Yes
Outdoor Storage
Yes
Listing Agency:
Founders 3 Real Estate Services - Corporate
(414) 271-1111
Listed By:
Paul McBride · License #9458204
(414) 403-7300
Source:
Moodyscre
Added: May 8
Changed: Oct 6
Last Checked: Oct 16 at 11:16AM
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 - Corporate
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Investment Insights
Based on property information with market context.
This 8,600-square-foot flex property at 662 N Progress Dr in Saukville, Wisconsin, is configured for industrial and warehouse operations. The facility includes drive-in loading and outdoor storage capability, supporting contractor, service, warehouse, and owner-occupier uses identified for the property.
Its flex format provides a practical setting for businesses requiring a combination of building space and loading access. The property is offered for sale and is located on N Progress Dr in Saukville, WI 53080.
Its flex format provides a practical setting for businesses requiring a combination of building space and loading access. The property is offered for sale and is located on N Progress Dr in Saukville, WI 53080.
Key Highlights
- 8,600‑square‑foot flex facility
- Drive‑in loading access
- Outdoor storage capability
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,986
Cap Rate
4.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$759,720
$759.7K
Cap Rate 7%
$542,657
$542.7K
Cap Rate 9%
$422,067
$422.1K
Market Conditions
NOI Build-Up for 8,600 SF
Gross rent
$47.0K $5.47/SF
− Vacancy
−$2.4K −$0.27/SF
EGI
$44.7K $5.20/SF
− OpEx
−$6.7K −$0.78/SF
NOI
$38.0K $4.42/SF
Area
Ozaukee County, WI
Vacancy
5.00%
Lease Rate
$5.47 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$759,720
Cap Rate 7%
$542,657
Cap Rate 9%
$422,067
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 authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
98
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 53080, WI
5,457
Population
2,425
Households
2.3
Avg Household Size
42
Median Age
33%
College-Educated
98%
High-School Grad
28.6 sq mi
ZIP Area
191
Density / Sq Mi
$82,903
Median Household Income
$45,331
Median Earnings
$959
Median Rent
$291,700
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 - Adaptable commercial facility with drive-in loading and capacity for outdoor storage.
Where is this flex space located?
The property is located at 662 N Progress Dr 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: 8,600‑square‑foot flex facility; Drive‑in loading access; Outdoor storage capability
