Freestanding Flex
For Sale
$179,900
N5016 County Road V, Fond du Lac, WI 54935
Shop configuration includes three-phase power, an overhead door, windows, and two service entrances.
Property Size2,240 SF
Price / SF$80.31
Days on Market11
Property Features for N5016 County Road V
General Information
Standard status
Active
Size
2,240 SF
Warehouse & Industrial
Clear Height
16 ft
Power
200 amps
Three-Phase Power
Yes
Additional Details
Asking Price
$179,900
Taxes and HOA fees
Annual Taxes
$1.00
Building Details
Buildings
1
Building Size
2,240 SF
Listing Agency:
Zellner Real Estate
Listed By:
Jason Zellner · License #5923790
(920) 960-3898
Source:
Exprealty
Added: Oct 13
Changed: Oct 21
Last Checked: Oct 21 at 2:22AM
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 Zellner Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This freestanding flex-space unit in Fred-Land Business Park measures 40' x 56' with 16' height. The uninsulated shop sits on a 4-inch concrete slab and includes a 14' x 14' overhead door, windows, and two service doors. A bathroom rough-in and 3-phase, 200-amp electrical service are included. Interior build-out can be customized at additional cost.
The property is located just south of Fond du Lac, Wisconsin. Other building sizes are also available.
The property is located just south of Fond du Lac, Wisconsin. Other building sizes are also available.
Key Highlights
- 40' x 56' freestanding unit with 16' height
- Uninsulated shop on a 4‑inch concrete slab
- 14' x 14' overhead door, windows, and two service doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,152
Cap Rate
7.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$263,040
$263.0K
Cap Rate 7%
$187,886
$187.9K
Cap Rate 9%
$146,133
$146.1K
Market Conditions
NOI Build-Up for 2,240 SF
Gross rent
$20.2K $9.00/SF
− Vacancy
−$1.4K −$0.61/SF
EGI
$18.8K $8.39/SF
− OpEx
−$5.6K −$2.52/SF
NOI
$13.2K $5.87/SF
Area
Fond du Lac County, WI
Vacancy
6.80%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$263,040
Cap Rate 7%
$187,886
Cap Rate 9%
$146,133
Alternative Uses
Best Use
Flex RnD
$290.8K
$254.4K – $339.3K
NOI $20,355 @ 7.0% cap · market cap 11.31%
Second Best
Industrial
$187.9K
$164.4K – $219.2K
NOI $13,152 @ 7.0% cap · market cap 7.31%
Theoretical Best
Multifamily LT 5
$2.16M
$1.89M – $2.52M
NOI $151,092 @ 7.0% cap · market cap 83.99%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
16 ft
Clear height
Location Intelligence
Trade Area within ½ mile
112
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 54935, WI
42,513
Population
19,115
Households
2.2
Avg Household Size
39
Median Age
23%
College-Educated
91%
High-School Grad
15.6 sq mi
ZIP Area
2,725
Density / Sq Mi
$63,060
Median Household Income
$41,338
Median Earnings
$880
Median Rent
$166,400
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Flex space - Shop configuration includes three-phase power, an overhead door, windows, and two service entrances.
Where is this flex space located?
The property is located at N5016 County Road V Fond du Lac, WI.
What is the asking price?
The asking price for this property is $179,900.
What are key features of this property?
This property features: 40' x 56' freestanding unit with 16' height; Uninsulated shop on a 4‑inch concrete slab; 14' x 14' overhead door, windows, and two service doors
