Industrial Warehouse with Fenced
For Sale
$599,900
683 Sullivan Dr, Fond du Lac, WI 54935
Industrial-zoned warehouse with four overhead doors, fenced rear yard, and 10' clear height, partially leased.
Property Size6,075 SF
Price / SF$98.75
Days on Market98
Property Features for 683 Sullivan Dr
General Information
Standard status
Active
Size
6,075 SF
Building Details
Year Built
1979
Listing Agency:
Zellner Real Estate
Listed By:
Jason Zellner · License #5923790
(920) 960-3898
Source:
Nikolicgroup
Added: Jul 25
Changed: Oct 26
Last Checked: Oct 7 at 1:59PM
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 Zellner Real Estate
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Investment Insights
Based on property information with market context.
This industrial-zoned property includes a warehouse with over 6,000 square feet of space and a fenced rear yard. The building is equipped with four overhead doors: (2) 16' x 10' doors, a 14' x 10' door, and an 8' x 9' door, plus an inoperable loading dock. Inside, the clear height is 10' with approximately 12' clearance between structural beams.
The building is located minutes from the Hwy 41/Military Rd interchange. A portion of the space is partially leased, consisting of approximately 2,400 square feet with a large shop area, two offices, a restroom, and a waiting area near the front door.
With M-1 Industrial zoning, the property offers flexibility for a range of industrial uses while maintaining a functional layout for both shop and office needs.
The building is located minutes from the Hwy 41/Military Rd interchange. A portion of the space is partially leased, consisting of approximately 2,400 square feet with a large shop area, two offices, a restroom, and a waiting area near the front door.
With M-1 Industrial zoning, the property offers flexibility for a range of industrial uses while maintaining a functional layout for both shop and office needs.
Key Highlights
- Industrial‑zoned warehouse with over 6,000 sq ft on nearly 1 acre of land and a fenced rear yard area
- 4 overhead doors: (2) 16' x 10', 14' x 10', and 8' x 9', plus an inoperable loading dock
- 10' clear height in the building, with 12' clearance between structural beams
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,314
Cap Rate
7.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$866,280
$866.3K
Cap Rate 7%
$618,771
$618.8K
Cap Rate 9%
$481,267
$481.3K
Market Conditions
NOI Build-Up for 6,075 SF
Gross rent
$54.7K $9.00/SF
− Vacancy
−$3.7K −$0.61/SF
EGI
$51.0K $8.39/SF
− OpEx
−$7.6K −$1.26/SF
NOI
$43.3K $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%
$866,280
Cap Rate 7%
$618,771
Cap Rate 9%
$481,267
Alternative Uses
Best Use
Warehouse
$618.8K
$541.4K – $721.9K
NOI $43,314 @ 7.0% cap · market cap 7.22%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$5.85M
$5.12M – $6.83M
NOI $409,771 @ 7.0% cap · market cap 68.31%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
208
Businesses Nearby
Well-served
Demand for This Use
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Business Placement
Demographics for 54935, WI
42,513
Population
19,115
Households
2.2
Avg Household Size
39
Median Age
23%
College-Educated
91%
High-School Grad
15.6 sq mi
ZIP Area
2,725
Density / Sq Mi
$63,060
Median Household Income
$41,338
Median Earnings
$880
Median Rent
$166,400
Median Home Value
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Market
Vacancy Rate% for Industrial in Midwest region
Similar Off Market Nearby
- Spence Storage — 825 S Hickory St, Fond du Lac, WI 54935
- Du Frane Moving and Storage — 800 Morris St, Fond du Lac, WI 54935
- Barber Enterprises Mini-Storage — 661 Sullivan Dr, Fond du Lac, WI 54937
- Fish Rentals LLC — N6451 S Pioneer Rd C, Fond du Lac, WI 54935
Frequently Asked Questions
What type of property is this?
Warehouse - Industrial-zoned warehouse with four overhead doors, fenced rear yard, and 10' clear height, partially leased.
Where is this warehouse located?
The property is located at 683 Sullivan Dr Fond du Lac, WI.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: Industrial‑zoned warehouse with over 6,000 sq ft on nearly 1 acre of land and a fenced rear yard area; 4 overhead doors: (2) 16' x 10', 14' x 10', and 8' x 9', plus an inoperable loading dock; 10' clear height in the building, with 12' clearance between structural beams
