Large Warehouse
9201 Washington Avenue, Sturtevant, WI 53177
For Sale
Contact for pricing
Substantial warehouse property with commercial and light industrial zoning designations.
Property Size641,997 SF
Price / SF$70.09
Days on Market105
Property Features for 9201 Washington Avenue
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Zoning
Building Details
Stories
Listing Agency:
Cushman & Wakefield | Boerke
Listed By:
Nick Unger · License WI 94-81731
(414) 203-3016
Source:
Crexi
Added: Jul 29
Changed: Nov 7
Last Checked: Nov 8 at 6:11AM
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 Cushman & Wakefield | Boerke
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 warehouse property contains 641,997 square feet and is identified for commercial and light industrial zoning. The zoning designations are Commercial (C-1) and Light Industrial (I-1), providing the property's documented land-use framework.
The facility is located at 9201 Washington Avenue in Sturtevant, Wisconsin 53177. No additional building features, site improvements, access details, or operating specifications are provided.
The facility is located at 9201 Washington Avenue in Sturtevant, Wisconsin 53177. No additional building features, site improvements, access details, or operating specifications are provided.
Key Highlights
- 641,997‑square‑foot warehouse property
- Commercial (C‑1) zoning designation
- Light Industrial (I‑1) zoning designation
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$3,788,232
Cap Rate
8.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$75,764,640
$75.8M
Cap Rate 7%
$54,117,600
$54.1M
Cap Rate 9%
$42,091,467
$42.1M
Market Conditions
NOI Build-Up for 641,997 SF
Gross rent
$5.01M $7.80/SF
− Vacancy
−$550.8K −$0.86/SF
EGI
$4.46M $6.94/SF
− OpEx
−$668.5K −$1.04/SF
NOI
$3.79M $5.90/SF
Area
Racine County, WI
Vacancy
11.00%
Lease Rate
$7.80 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$75,764,640
Cap Rate 7%
$54,117,600
Cap Rate 9%
$42,091,467
Alternative Uses
Best Use
Warehouse
$54.12M
$47.35M – $63.14M
NOI $3,788,232 @ 7.0% cap · market cap 8.42%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$154.39M
$135.09M – $180.12M
NOI $10,807,121 @ 7.0% cap · market cap 24.02%
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
205
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
$228,900
Median Home Value
Market
Average Price Trend$/SF for Warehouses in Racine County, WI
Properties on Market for Warehouses in Racine County
Vacancy Rate% for Industrial in Midwest region
Similar Off Market Nearby
- CubeSmart Self Storage — 1630 Wisconsin St, Sturtevant, WI 53177
Frequently Asked Questions
What type of property is this?
Warehouse - Substantial warehouse property with commercial and light industrial zoning designations.
Where is this warehouse located?
The property is located at 9201 Washington Avenue Sturtevant, WI.
What is the asking price?
The asking price for this property is $45,000,000.
What are key features of this property?
This property features: 641,997‑square‑foot warehouse property; Commercial (C‑1) zoning designation; Light Industrial (I‑1) zoning designation
