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    4200 39Th Ave Kenosha, WI 53144

    Sponsored
    For Sale
    $17,990,000

    Rare Industrial Building, Owner/User Opportunity

    Property size:
    30,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional industrial property, located at 4200 39th Avenue in Kenosha, Wisconsin, presents a unique investment opportunity for owner-users or investors. Boasting a substantial size ranging from 30,000 to 320,964 square feet, this warehouse offers significant flexibility. The asking price is $17,990,000, translating to a price per square foot of $56.05 – a compelling value considering its features and location. Built in phases between 1959 and 1988, the property sits on a generous 19.19 acres and includes 28 dock-high doors (22 dock doors and 6 drive-in doors), ensuring efficient loading and unloading. Ceiling heights range from 16.5 to 21 feet, accommodating a variety of uses. The property benefits from heavy power (2,000 Amps, 480 3 Phase – verification recommended), ample parking, and convenient access. Its strategic location offers easy access to I-94 (10 minutes away), proximity to Illinois (20 minutes north), and is within a reasonable distance of O'Hare International Airport (50 miles) and General Mitchell International Airport (30 miles). The property's adaptability allows for potential subdivision and even conversion to self-storage. This is a rare opportunity to acquire a standalone industrial building below replacement cost, with the potential for below-market rental rates. Immediate access is available for an operator.

    Property Features for 4200 39Th Ave

    General Information

    Property type
    Distribution properties
    Square Feet
    30,000 SF
    Lot Size
    835,916 SF

    Building Details

    Year Built
    1959

    HighLights

    • Owner‑user or investor opportunity.
    • Rare standalone industrial building offered below replacement cost.
    • Below‑market lease rate available.
    • Highly divisible space (30,000 - 320,964 SF).
    • Abundant power (2,000 Amps, 480 3‑Phase).
    • Convenient I‑94 access (10 minutes).
    Property Profile Location Intelligence

    Current Use by Public Records

    Nifty Thrifty Shop ... Thrift Store National Materials Transport Trucking Company Dr. James L. ... Baseball Field Great Lakes Warehousing Warehouse Pop Warehouse Warehouse

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Kenosha
    County
    Kenosha
    State
    Wisconsin
    Longitude
    -87.8577245
    Latitude
    42.5986726

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    FAQs

    What type of property is this?
    Distribution property - Rare Industrial Building, Owner/User Opportunity
    Where is this distribution property located?
    The property is located at 4200 39Th Ave Kenosha, WI.
    What is the asking price?
    The asking price for this property is $17,990,000.
    What are key features of this property?
    This property features: Owner-user or investor opportunity.; Rare standalone industrial building offered below replacement cost.; Below-market lease rate available.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4200 39Th Ave Kenosha, WI 53144
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