Flex Space with Drive-In
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For Sale
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N19w6717 Commerce Court #6741, Cedarburg, WI 53012
Industrial space combines dedicated office area with a drive-in loading door and three-phase power.
Property Size3,430 SF
Price / SF$0.00
Days on Market6
Property Features for N19w6717 Commerce Court #6741
General Information
Standard status
Active
Size
3,430 SF
Total Parking Spaces
142
Property subtype
Commercial
Zoning
M-3
Additional Details
Highway Access
Yes
Sprinkler System
Yes
Amenities
drive-in door
3-phase/208V power
Building Details
Building Size
3,430 SF
Year Built
1994
Construction
masonry
Listing Agency:
Paradigm Real Estate
Listed By:
Brian Parrish · License #5673790
(262) 717-5151
Source:
Coactionrealestate
Added: Oct 19
Changed: Oct 23
Last Checked: Oct 23 at 5:26PM
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 Paradigm Real Estate
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Investment Insights
Based on property information with market context.
This 3,430 SF flex suite is part of a 36,354 SF masonry building on 4.6 acres. Approximately 1,000 SF is configured as office space, alongside 17' clear height and one 10' x 10' drive-in door. Building features include a wet sprinkler system and 3-phase/208V power. The property was built in 1994 and is zoned M-3.
Located in Cedarburg Business Park, the site offers access to Hwy 60 and I-43, with on-site parking. The suite’s office component, loading access, clear height and power service are practical features for a range of industrial operations.
Located in Cedarburg Business Park, the site offers access to Hwy 60 and I-43, with on-site parking. The suite’s office component, loading access, clear height and power service are practical features for a range of industrial operations.
Key Highlights
- 3,430 SF flex suite with approximately 1,000 SF of office space
- 17' clear height
- One 10' x 10' drive‑in door
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,510
Suggested Prices Based on Cap Rates
Cap Rate 5%
$230,200
$230.2K
Cap Rate 7%
$164,429
$164.4K
Cap Rate 9%
$127,889
$127.9K
Market Conditions
NOI Build-Up for 3,430 SF
Gross rent
$18.5K $5.40/SF
− Vacancy
−$815 −$0.24/SF
EGI
$17.7K $5.16/SF
− OpEx
−$6.2K −$1.81/SF
NOI
$11.5K $3.36/SF
Area
Ozaukee County, WI
Vacancy
4.40%
Lease Rate
$5.40 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$230,200
Cap Rate 7%
$164,429
Cap Rate 9%
$127,889
Alternative Uses
Best Use
Warehouse
$216.4K
$189.4K – $252.5K
NOI $15,150 @ 7.0% cap · market cap 151,500.00%
Second Best
Industrial
$178.4K
$156.1K – $208.2K
NOI $12,490 @ 7.0% cap · market cap 124,900.00%
Theoretical Best
Office A
$808.1K
$707.1K – $942.8K
NOI $56,570 @ 7.0% cap · market cap 565,700.00%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Sprinkler system
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
8
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 53012, WI
19,027
Population
8,073
Households
2.4
Avg Household Size
45
Median Age
53%
College-Educated
98%
High-School Grad
33.9 sq mi
ZIP Area
561
Density / Sq Mi
$98,094
Median Household Income
$53,434
Median Earnings
$1,059
Median Rent
$390,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Flex space - Industrial space combines dedicated office area with a drive-in loading door and three-phase power.
Where is this flex space located?
The property is located at N19w6717 Commerce Court #6741 Cedarburg, WI.
What are key features of this property?
This property features: 3,430 SF flex suite with approximately 1,000 SF of office space; 17' clear height; One 10' x 10' drive‑in door
