Operational Feed Mill and
N1849 Municipal Dr Greenville, WI 54942
N1849 Municipal Dr, Greenville, WI, 54942
$855,000
For Sale
$855,000
Operational feed mill plus a 100-by-50 warehouse featuring multiple drive-in doors and a dock.
Property Size5,000 SF
Lot Size1.76 Acres
Price / SF$171
Days on Market154
Property Features for N1849 Municipal Dr
General Information
- Standard status
- Active
- Size
- 5,000 SF
- Lot size
- 1.76 Acres
- Property subtype
- Warehouse
Listing agency
Greywolf Partners, Inc.
(608) 338-4410
Listed by
Steve Turner · License #8874194
(608) 338-4410
Source
Thebrokerlist
Added: Feb 18 Updated: Jul 22 at 12:58PM Checked: Jul 22 at 12:58PM
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 Greywolf Partners, Inc.
Investment Insights
Based on property information with market context.
This offering includes an operational feed mill together with an attached warehouse facility. The warehouse measures 100 by 50 and has three drive-in doors and a dock. The property also includes feed-milling operations that are currently in place, along with former rail access.
The site is situated on a 1.76-acre lot.
As presented, the combination of an operating feed mill and warehouse improvements makes the property well-suited for buyers seeking an industrial setup with existing feed production operations and space for warehousing and movement of goods.
The site is situated on a 1.76-acre lot.
As presented, the combination of an operating feed mill and warehouse improvements makes the property well-suited for buyers seeking an industrial setup with existing feed production operations and space for warehousing and movement of goods.
Key Highlights
- Operational feed mill on a 1.76‑acre lot
- 100 x 50 warehouse with 3 drive‑in doors and a dock
- Includes former rail access
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 | $29.6k | $5.91 |
| − Vacancy | −$857 | −$0.17 |
| EGI | $28.7k | $5.74 |
| − OpEx | −$4.3k | −$0.86 |
| NOI | $24.4k | $4.88 |
5,000 SF · lease $5.91/SF/yr · vacancy 2.90% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$348.4K
$304.9K – $406.5K
NOI $24,389 @ 7.0% cap · market cap 2.85%
Second Best
Industrial
$286.9K
$251.1K – $334.8K
NOI $20,085 @ 7.0% cap · market cap 2.35%
Theoretical Best
Office A
$1.38M
$1.21M – $1.61M
NOI $96,500 @ 7.0% cap · market cap 11.29%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Manufacturing properties
Similar For Sale Nearby
FAQs
What type of property is this?
Warehouse - Operational feed mill plus a 100-by-50 warehouse featuring multiple drive-in doors and a dock.
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 $855,000.
What are key features of this property?
This property features: Operational feed mill on a 1.76‑acre lot; 100 x 50 warehouse with 3 drive‑in doors and a dock; Includes former rail access
