For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Warehouse with Operational Feed Mill Title is generated by Realmo AI

    N1849 Municipal Dr, Greenville, WI

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    1.76 acre lot with warehouse, feed mill, rail access.

    Type:INDUSTRIAL
    Property size:
    4,400 SF
    Lot size:
    1.47 Acres
    Price / SF:
    $89/SF
    Added:
    Sep 2, 2024
    Days on Market:
    651
    Last Refresh:
    May 19 at 9:42 pm

    Property Features for N1849 Municipal Dr

    General Information

    Standard status
    Active
    Size
    4,400 SF
    Lot size
    1.47 Acres
    Property subtype
    INDUSTRIAL

    We can help!

    Listing Contact
    Steve Turner
    Steve Turner

    Listing agent Steve Turner

    Listing office AssuredCRE LLC

    Listing date Sep 2, 2024

    Source Moodyscre

    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 AssuredCRE LLC

    HighLights

    • Operational feed mill
    • 1.76 acre lot
    • 98 x 48 warehouse
    • 3 drive‑in doors offer easy access
    • Dock for convenient loading and unloading
    • Former rail access

    Overview

    This property features a 98 x 48 warehouse with 4,400 square feet of space, complemented by three drive-in doors and a dock. It includes an operational feed mill and formerly had rail access. The property is situated on a 1.76-acre lot.

    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 $26.0k $5.91
    − Vacancy −$754 −$0.17
    EGI $25.2k $5.74
    − OpEx −$3.8k −$0.86
    NOI $21.5k $4.88
    4,400 SF · lease $5.91/SF/yr · vacancy 2.90% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $306.6K
    $268.3K – $357.7K (±1% cap)
    NOI $21,462 @ 7.0% cap · market cap 5.43%
    Second Best
    Industrial
    $252.5K
    $220.9K – $294.6K (±1% cap)
    NOI $17,675 @ 7.0% cap · market cap 4.47%
    Theoretical Best
    Office A
    $1.21M
    $1.06M – $1.42M (±1% cap)
    NOI $84,920 @ 7.0% cap · market cap 21.50%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Real Estate Agency Building Supply Gym & Fitness Center Big Box & Wholesale Store Department Store Bar & Pub Grocery & Convenience Store Nursing Home Discount Store Nursing Home

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

    Location Insight

    • Map
    • Local Demand
    City
    Greenville
    County
    Outagamie
    State
    Wisconsin
    Longitude
    -88.5367
    Latitude
    44.319

    FAQs

    What type of property is this?
    Warehouse - 1.76 acre lot with warehouse, feed mill, rail access.
    Where is this warehouse located?
    The property is located at N1849 Municipal Dr Greenville, WI.
    What is the asking price?
    The asking price for this property is $395,000.
    What are key features of this property?
    This property features: Operational feed mill; 1.76 acre lot; 98 x 48 warehouse
    (608) 338-4410 Call to check price and availability
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message