Flex Space Shell
8-3929 County Road Kw, Port Washington, WI 53074
For Sale
$229,000
A 200-amp electrical service, floor drain, and roughed-in plumbing are in place for a half bath.
Property Size2,400 SF
Price / SF$95.42
Days on Market13
Property Features for 8-3929 County Road Kw
General Information
Standard status
Size
Additional Details
Power
Listing Agency:
RE/MAX United - Port Washington
(262) 284-2000
Listed By:
Owen Didier · License #8430994
(414) 881-3293
Source:
Exprealty
Added: Oct 26
Changed: Nov 7
Last Checked: Nov 7 at 2:45AM
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 - Port Washington
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,400-square-foot flex space is offered as a shell, with roughed-in plumbing for a half bath, a floor drain, and 200-amp electrical service. The interior is unfinished, allowing the next owner to complete it to their specifications.
The property is located at 8-3929 County Road Kw in Port Washington, Wisconsin.
The property is located at 8-3929 County Road Kw in Port Washington, Wisconsin.
Key Highlights
- 2,400‑square‑foot flex space shell
- 200‑amp electrical service
- Floor drain installed
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,739
Cap Rate
3.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$174,780
$174.8K
Cap Rate 7%
$124,843
$124.8K
Cap Rate 9%
$97,100
$97.1K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$13.1K $5.47/SF
− Vacancy
−$643 −$0.27/SF
EGI
$12.5K $5.20/SF
− OpEx
−$3.7K −$1.56/SF
NOI
$8.7K $3.64/SF
Area
Ozaukee County, WI
Vacancy
4.90%
Lease Rate
$5.47 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$174,780
Cap Rate 7%
$124,843
Cap Rate 9%
$97,100
Alternative Uses
Best Use
Industrial
$124.8K
$109.2K – $145.7K
NOI $8,739 @ 7.0% cap · market cap 3.82%
Second Best
Flex RnD
$115.0K
$100.7K – $134.2K
NOI $8,053 @ 7.0% cap · market cap 3.52%
Theoretical Best
Office A
$565.5K
$494.8K – $659.7K
NOI $39,583 @ 7.0% cap · market cap 17.29%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
73
Businesses Nearby
Balanced
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
Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Flex space - A 200-amp electrical service, floor drain, and roughed-in plumbing are in place for a half bath.
Where is this flex space located?
The property is located at 8-3929 County Road Kw Port Washington, WI.
What is the asking price?
The asking price for this property is $229,000.
What are key features of this property?
This property features: 2,400‑square‑foot flex space shell; 200‑amp electrical service; Floor drain installed
