Flex Space Business
717 Maritime Dr, Port Washington, WI 53074
For Sale
$438,000
Individually owned units support office, workshop, equipment storage, and other business uses.
Property Size5,500 SF
Price / SF$79.64
Days on Market109
Property Features for 717 Maritime Dr
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Zoning
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
RE/MAX United - Cedarburg
(262) 375-0400
Listed By:
Stephanie Long
(262) 339-1525
Source:
Goldenoaksrealty
Added: Jul 24
Changed: Nov 9
Last Checked: Nov 9 at 1:50PM
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 RE/MAX United - Cedarburg
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Billy Goat Business District offers individually owned flex-space condominiums in an industrial-zoned setting. Units range from approximately 2,250 to 5,500 square feet, with space suited to offices, workshops, equipment or inventory storage, and other business activities. The property was built in 2025.
Key Highlights
- Individually owned business condominium units
- Approximately 2,250 to 5,500 square feet per unit
- Industrial zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,294
Cap Rate
5.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$485,880
$485.9K
Cap Rate 7%
$347,057
$347.1K
Cap Rate 9%
$269,933
$269.9K
Market Conditions
NOI Build-Up for 5,500 SF
Gross rent
$30.1K $5.47/SF
− Vacancy
−$1.5K −$0.27/SF
EGI
$28.6K $5.20/SF
− OpEx
−$4.3K −$0.78/SF
NOI
$24.3K $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%
$485,880
Cap Rate 7%
$347,057
Cap Rate 9%
$269,933
Alternative Uses
Best Use
Warehouse
$347.1K
$303.7K – $404.9K
NOI $24,294 @ 7.0% cap · market cap 5.55%
Second Best
Industrial
$286.1K
$250.4K – $333.8K
NOI $20,028 @ 7.0% cap · market cap 4.57%
Theoretical Best
Office A
$1.30M
$1.13M – $1.51M
NOI $90,710 @ 7.0% cap · market cap 20.71%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
21
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 53074, WI
13,379
Population
5,859
Households
2.3
Avg Household Size
42
Median Age
36%
College-Educated
96%
High-School Grad
30.3 sq mi
ZIP Area
442
Density / Sq Mi
$78,944
Median Household Income
$48,089
Median Earnings
$1,024
Median Rent
$276,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Flex space - Individually owned units support office, workshop, equipment storage, and other business uses.
Where is this flex space located?
The property is located at 717 Maritime Dr Port Washington, WI.
What is the asking price?
The asking price for this property is $438,000.
What are key features of this property?
This property features: Individually owned business condominium units; Approximately 2,250 to 5,500 square feet per unit; Industrial zoning
