Industrial Warehouse with Fenced
683 Sullivan Dr Fond du Lac, WI 54935
For Sale
$599,900
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 Market184
Property Features for 683 Sullivan Dr
General Information
Standard status
Active
Size
6,075 SF
Listing Agency:
Zellner Real Estate
(920) 960-3898
Listed By:
Jason Zellner · License #5923790
(920) 960-3898
Source:
Exprealty
Added: Jan 26
Changed: Jul 26
Last Checked: Jul 26 at 5:41AM
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
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 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 | $54.7k | $9.00 |
| − Vacancy | −$3.7k | −$0.61 |
| EGI | $51.0k | $8.39 |
| − OpEx | −$7.6k | −$1.26 |
| NOI | $43.3k | $7.13 |
6,075 SF · lease $9.00/SF/yr · vacancy 6.80% · expense 15.00%
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.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Fish Rentals LLC — N6451 S Pioneer Rd C, Fond du Lac, WI 54935
- Spence Storage — 825 S Hickory St, Fond du Lac, WI 54935
- Barber Enterprises Mini-Storage — 661 Sullivan Dr, Fond du Lac, WI 54937
- Du Frane Moving and Storage — 800 Morris St, 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
