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Industrial Distribution Complex

900 Armour Rd Oconomowoc, WI 53066

900 Armour Rd, Oconomowoc, WI, 53066
$1,900,000
For Sale
$1,900,000

Industrial complex with a main building and outbuilding, totaling 23,750 SF, zoned Bus Park Industrial in Oconomowoc, WI.

Property Size23,750 SF
Price / SF$80
Days on Market76

Property Features for 900 Armour Rd

General Information

Standard status
Active
Size
23,750 SF
Listing agency Property Dynamics/Appraisal Specialists
Listed by Erin Waldron
Source Exprealty
Added: May 8 Updated: Jul 21 at 9:14AM Checked: Jul 22 at 10:47AM

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 Property Dynamics/Appraisal Specialists


Investment Insights

Based on property information with market context.

This industrial complex includes an 18,800 SF main building and a 4,950 SF outbuilding on 1.75 acres, totaling 23,750 SF. The property is described as suitable for manufacturing, warehousing, distribution, or heavy industrial operations. A key feature is a high-voltage, high-amperage electrical service, which supports power-intensive use cases.

The site is located at 900 Armour Rd in Oconomowoc, Wisconsin, and is zoned Bus Park Industrial. The property is also marketed as offering visibility and access within a Waukesha County industrial corridor.

Overall, this is a multi-building industrial offering designed to accommodate a range of industrial users requiring additional site capacity and robust electrical capability.

Key Highlights

  • Industrial complex on 1.75 acres in Oconomowoc, WI, at 900 Armour Rd.
  • Zoned Bus Park Industrial for manufacturing, warehousing, distribution, or heavy industrial use.
  • Includes an 18,800 SF main building plus a 4,950 SF outbuilding for 23,750 SF total.

Local Financial Insights For Warehouse

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 $129.9k $5.47
− Vacancy −$6.5k −$0.27
EGI $123.4k $5.20
− OpEx −$18.5k −$0.78
NOI $104.9k $4.42
23,750 SF · lease $5.47/SF/yr · vacancy 5.00% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$1.50M
$1.31M – $1.75M (±1% cap)
NOI $104,904 @ 7.0% cap · market cap 5.52%
Second Best
Industrial
$1.24M
$1.08M – $1.44M (±1% cap)
NOI $86,483 @ 7.0% cap · market cap 4.55%
Theoretical Best
Flex RnD
$12.12M
$10.61M – $14.14M (±1% cap)
NOI $848,491 @ 7.0% cap · market cap 44.66%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Hystro Products Inc Industrial Manufacturer

Suggested Use

Nail Salon Big Box & Wholesale Store Grocery & Convenience Store Daycare Center Barber Shop (Bike/Boat/Book/etc) Store Garden Center Electrical Service Veterinary Clinic Computer & Electronic Repair

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Manufacturing property - Industrial complex with a main building and outbuilding, totaling 23,750 SF, zoned Bus Park Industrial in Oconomowoc, WI.
Where is this manufacturing property located?
The property is located at 900 Armour Rd Oconomowoc, WI.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: Industrial complex on 1.75 acres in Oconomowoc, WI, at 900 Armour Rd.; Zoned Bus Park Industrial for manufacturing, warehousing, distribution, or heavy industrial use.; Includes an 18,800 SF main building plus a 4,950 SF outbuilding for 23,750 SF total.
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