Turn-Key Auto and Cafe
For Sale
$799,000
5200 52nd St, Kenosha, WI 53144
Commercial property with quick lube and cafe business for sale.
Property Size2,805 SF
Lot Size0.74 Acres
Price / SF$284.85
Days on Market1042
Property Features for 5200 52nd St
General Information
Standard status
Active
Size
2,805 SF
Lot size
0.74 Acres
Property subtype
General Commercial
Taxes and HOA fees
Annual Taxes
$15,439
Amenities
Central Air
3
B-2
29 Parking Spaces.
0.5 to .99
Building Details
Year Built
2007
Listing Agency:
Pitts Brothers & Associates, LLC
(262) 496-8883
Listed By:
Andrew Pitts · License #8345394
(262) 496-8883
Source:
Xome
Added: Oct 24, 2023
Changed: Aug 25
Last Checked: Aug 29 at 6:59AM
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 Pitts Brothers & Associates, LLC
Investment Insights
Based on property information with market context.
This commercial real estate offering includes a turn-key business operation, encompassing both a quick lube oil change business and a leased cafe. The sale includes the real estate itself, which consists of a 0.7387-acre (32,179 square feet) rectangular-shaped site improved with a 2,805 square foot single-story commercial building. Currently, the building is utilized for both the quick lube and cafe operations. The sale incorporates furniture and fixtures for the quick lube business, with certain exclusions. The cafe area, which includes a drive-up window, ample customer seating, and approximately 1,525 square feet of building area, is currently leased to a tenant (Fizzy Bizz) on a 12-month term. The current tenant occupies approximately 1,065 square feet and pays $1,775 per month plus expenses. The quick lube operation occupies 1,280 square feet of building area and has a 1,280 square foot basement beneath it.
Key Highlights
- Turn‑key business operation including real estate, quick lube, and leased cafe.
- Income‑generating cafe leased to a tenant (Fizzy Bizz) providing $1,775 monthly income plus expenses.
- 0.7387 acre rectangular‑shaped site with a 2,805 sq ft commercial building.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$35,671
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.46%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$713,420
$713.4K
Cap Rate 7%
$509,586
$509.6K
Cap Rate 9%
$396,344
$396.3K
Market Conditions
NOI Build-Up for 2,805 SF
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.
Gross rent
$50.5K $18.00/SF
− Vacancy
−$2.9K −$1.04/SF
EGI
$47.6K $16.96/SF
− OpEx
−$11.9K −$4.24/SF
NOI
$35.7K $12.72/SF
Area
Kenosha County, WI
Vacancy
5.80%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$713,420
Cap Rate 7%
$509,586
Cap Rate 9%
$396,344
Alternative Uses
Best Use
Industrial
$2.69M
$2.35M – $3.14M
NOI $188,256 @ 7.0% cap · market cap 23.56%
Second Best
Specialty Retail
$509.6K
$445.9K – $594.5K
NOI $35,671 @ 7.0% cap · market cap 4.46%
Theoretical Best
Warehouse
$3.27M
$2.86M – $3.81M
NOI $228,596 @ 7.0% cap · market cap 28.61%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
364
Businesses Nearby
22k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 79%
Shops & Services 21%
Wendy's
Dining
10,770 visits/mo
0.4 miles
KFC
Dining
6,254 visits/mo
0.4 miles
U-Haul Moving & Storage Of Kenosha
Shops & Services
3,535 visits/mo
0.4 miles
Midas
Shops & Services
965 visits/mo
0.4 miles
Demographics for 53144, WI
26,702
Population
10,731
Households
2.5
Avg Household Size
37
Median Age
32%
College-Educated
91%
High-School Grad
43.4 sq mi
ZIP Area
615
Density / Sq Mi
$71,111
Median Household Income
$42,017
Median Earnings
$1,136
Median Rent
$248,200
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Auto shop - Commercial property with quick lube and cafe business for sale.
Where is this auto shop located?
The property is located at 5200 52nd St Kenosha, WI.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Turn‑key business operation including real estate, quick lube, and leased cafe.; Income‑generating cafe leased to a tenant (Fizzy Bizz) providing $1,775 monthly income plus expenses.; 0.7387 acre rectangular‑shaped site with a 2,805 sq ft commercial building.
