Industrial Building with Expansion
For Sale
Contact for pricing
755 Tower Dr, Fredonia, WI
9,904 SF industrial building on 2-acre site near Milwaukee.
Property Size9,940 SF
Lot Size2.00 Acres
Price / SF$116.70
Days on Market335
Property Features for 755 Tower Dr
General Information
Standard status
Active
Size
9,940 SF
Lot size
2.00 Acres
Property subtype
INDUSTRIAL
Listing Agency:
Founders 3 Real Estate Services - Corporate
(414) 271-1111
Listed By:
Paul McBride · License #9458204
(414) 403-7300
Source:
Moodyscre
Added: Nov 13, 2025
Changed: Oct 5
Last Checked: Oct 12 at 6:01PM
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
Investment Insights
Based on property information with market context.
The property features a 9,904 square foot industrial building with a 4,000 square foot mezzanine, accompanied by two outbuildings totaling 8,961 square feet. Constructed in 2005, the building offers a flexible layout and is equipped with heavy power and air lines throughout. The clear-span bay measures approximately 80 feet by 100 feet and includes three drive-in doors. Situated on a ±2.00-acre site, the property provides paved, oversized parking and expansion potential. It is located with convenient access to State Highway 57, approximately 30 minutes north of Milwaukee. This property is suitable for light manufacturing, distribution, or contractor use.
Key Highlights
- 9,904 SF industrial building with 4,000 SF mezzanine and two outbuildings totaling 8,961 SF
- Oversized parking on ±2.00‑acre site with expansion potential
- Clear‑span bay approximately 80’ × 100’ with three (3) drive‑in doors**
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,905
Cap Rate
3.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$878,100
$878.1K
Cap Rate 7%
$627,214
$627.2K
Cap Rate 9%
$487,833
$487.8K
Market Conditions
NOI Build-Up for 9,940 SF
Gross rent
$54.4K $5.47/SF
− Vacancy
−$2.7K −$0.27/SF
EGI
$51.7K $5.20/SF
− OpEx
−$7.7K −$0.78/SF
NOI
$43.9K $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%
$878,100
Cap Rate 7%
$627,214
Cap Rate 9%
$487,833
Alternative Uses
Best Use
Warehouse
$627.2K
$548.8K – $731.8K
NOI $43,905 @ 7.0% cap · market cap 3.78%
Second Best
Industrial
$517.1K
$452.4K – $603.3K
NOI $36,195 @ 7.0% cap · market cap 3.12%
Theoretical Best
Office A
$2.34M
$2.05M – $2.73M
NOI $163,938 @ 7.0% cap · market cap 14.13%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
36
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Market
Vacancy Rate% for Industrial in Midwest region
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Frequently Asked Questions
What type of property is this?
Manufacturing property - 9,904 SF industrial building on 2-acre site near Milwaukee.
Where is this manufacturing property located?
The property is located at 755 Tower Dr Fredonia, WI.
What is the asking price?
The asking price for this property is $1,160,000.
What are key features of this property?
This property features: 9,904 SF industrial building with **4,000 SF mezzanine** and two outbuildings totaling 8,961 SF; Oversized parking on ±2.00‑acre site with expansion potential; Clear‑span bay approximately 80’ × 100’ with three (3) drive‑in doors**
