Retail Gas Station
For Sale
Contact for pricing
8020 Durand Ave, Sturtevant, WI 53177
For-sale retail property in Sturtevant, WI.
Property Size14,268 SF
Price / SF$182.23
Days on Market245
Property Features for 8020 Durand Ave
General Information
Standard status
Active
Size
14,268 SF
Total Parking Spaces
40
Property subtype
Retail
Zoning
C-1
Lease Type
NNN
Building Details
Year Built
1980
Tenancy
Single
Listing Agency:
Anderson Commercial Group
Listed By:
Brock Anderson · License #WI 86279 - 94
(414) 425-2700
Source:
Crexi
Added: Feb 19
Changed: Oct 16
Last Checked: Oct 20 at 5:33PM
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 Anderson Commercial Group
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Investment Insights
Based on property information with market context.
This for-sale retail property totals 14,268 square feet and is presented in the market as a gas station/automotive-oriented commercial asset. The offering is classified as retail space within a broader set of commercial real estate property types.
The property is located at 8020 Durand Ave in Sturtevant, Wisconsin (53177).
The property is located at 8020 Durand Ave in Sturtevant, Wisconsin (53177).
Key Highlights
- Retail property for sale in Sturtevant, WI
- 14,268 SF retail building
- Built in 1980
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$198,063
Cap Rate
7.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,961,260
$4.0M
Cap Rate 7%
$2,829,471
$2.8M
Cap Rate 9%
$2,200,700
$2.2M
Market Conditions
NOI Build-Up for 14,268 SF
Gross rent
$273.9K $19.20/SF
− Vacancy
−$9.9K −$0.69/SF
EGI
$264.1K $18.51/SF
− OpEx
−$66.0K −$4.63/SF
NOI
$198.1K $13.88/SF
Area
Racine County, WI
Vacancy
3.60%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,961,260
Cap Rate 7%
$2,829,471
Cap Rate 9%
$2,200,700
Alternative Uses
Best Use
Specialty Retail
$2.83M
$2.48M – $3.30M
NOI $198,063 @ 7.0% cap · market cap 7.62%
Second Best
Retail
$2.07M
$1.81M – $2.42M
NOI $145,170 @ 7.0% cap · market cap 5.58%
Theoretical Best
Office A
$3.43M
$3.00M – $4.00M
NOI $240,182 @ 7.0% cap · market cap 9.24%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
115
Businesses Nearby
66k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 97%
Shops & Services 3%
Blain's Farm & Fleet
Apparel
49,043 visits/mo
0.4 miles
Goodwill
Apparel
15,315 visits/mo
0.5 miles
Batteries Plus Bulbs
Shops & Services
1,727 visits/mo
0.5 miles
Demographics for 53177, WI
8,482
Population
2,566
Households
3.3
Avg Household Size
40
Median Age
24%
College-Educated
90%
High-School Grad
27.6 sq mi
ZIP Area
307
Density / Sq Mi
$77,409
Median Household Income
$46,314
Median Earnings
$1,295
Median Rent
$228,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Gas station - For-sale retail property in Sturtevant, WI.
Where is this gas station located?
The property is located at 8020 Durand Ave Sturtevant, WI.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: Retail property for sale in Sturtevant, WI; 14,268 SF retail building; Built in 1980
