856 Armour Road Oconomowoc, WI 53066
Well-maintained industrial property with stable income and functional features.
Property Features for 856 Armour Road
General Information
- Standard status
- Active
- Size
- 41,857 SF
- Lot size
- 2.27 Acres
- Property subtype
- Industrial
Listing office Judson & Associates
Listing date Apr 22, 2026
Source Crexi
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 Judson & Associates
Investment Insights
Based on property information with market context.
Key Highlights
- Stable, in‑place income with established tenants (Omco Sumo and Lake Area Free Clinic).
- Newer roof and HVAC systems reduce near‑term expenses.
- Functional features including overhead cranes support a variety of uses.
Local Financial Insights For Industrial
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 | $229.0k | $5.47 |
| − Vacancy | −$11.2k | −$0.27 |
| EGI | $217.7k | $5.20 |
| − OpEx | −$65.3k | −$1.56 |
| NOI | $152.4k | $3.64 |
