7-Unit Warehouse
W2527 Woodland Road #1, Sheboygan Falls, WI 53085
For Sale
New
$189,900
Five units remain unfinished, giving buyers flexibility to complete their interior buildouts.
Property Size2,016 SF
Price / SF$94.20
Days on Market5
Property Features for W2527 Woodland Road #1
General Information
Standard status
Size
Property subtype
Zoning
Property Condition
Severity
Evidence
Warehouse & Industrial
Clear Height
Power
Additional Details
Utilities to Site
Property Use
Building Details
Building Size
Year Built
Listing Agency:
Re/Max Universal
(920) 208-9500
Listed By:
Beaudoin Team*
(920) 980-8889
Source:
Howardandwilliams
Added: Nov 10
Changed: Nov 12
Last Checked: Nov 13 at 4:26PM
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 Re/Max Universal
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Investment Insights
Based on property information with market context.
This warehouse condominium includes seven units, with five delivered unfinished for buyer customization. Each unit measures 56 by 36 feet, or 2,016 square feet, and has a 12-foot-wide by 14-foot-high door, 18-foot ceilings, a 5-inch concrete slab, and a floor drain. Water, sewer, and power are stubbed to the units, with 200-amp electrical service. The property also has three buried 1,000-gallon LP tanks, each with a separate meter.
The property is zoned Comm. Short-term parking is permitted for up to 12 hours.
The property is zoned Comm. Short-term parking is permitted for up to 12 hours.
Key Highlights
- Seven warehouse condominium units; five are unfinished and customizable
- Each unit measures 56 by 36 feet, totaling 2,016 square feet
- 12‑foot‑wide by 14‑foot‑high doors and 18‑foot ceilings
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,345
Cap Rate
8.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$306,900
$306.9K
Cap Rate 7%
$219,214
$219.2K
Cap Rate 9%
$170,500
$170.5K
Market Conditions
NOI Build-Up for 2,016 SF
Gross rent
$18.1K $9.00/SF
− Vacancy
−$91 −$0.05/SF
EGI
$18.1K $8.96/SF
− OpEx
−$2.7K −$1.34/SF
NOI
$15.3K $7.61/SF
Area
Sheboygan County, WI
Vacancy
0.50%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$306,900
Cap Rate 7%
$219,214
Cap Rate 9%
$170,500
Alternative Uses
Best Use
Warehouse
$219.2K
$191.8K – $255.8K
NOI $15,345 @ 7.0% cap · market cap 8.08%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$439.4K
$384.5K – $512.6K
NOI $30,756 @ 7.0% cap · market cap 16.20%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
18 ft
Clear height
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
44
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 53085, WI
11,671
Population
5,308
Households
2.2
Avg Household Size
46
Median Age
27%
College-Educated
94%
High-School Grad
69.7 sq mi
ZIP Area
167
Density / Sq Mi
$72,037
Median Household Income
$48,395
Median Earnings
$859
Median Rent
$229,200
Median Home Value
Check the figures for this property
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?
Warehouse - Five units remain unfinished, giving buyers flexibility to complete their interior buildouts.
Where is this warehouse located?
The property is located at W2527 Woodland Road #1 Sheboygan Falls, WI.
What is the asking price?
The asking price for this property is $189,900.
What are key features of this property?
This property features: Seven warehouse condominium units; five are unfinished and customizable; Each unit measures 56 by 36 feet, totaling 2,016 square feet; 12‑foot‑wide by 14‑foot‑high doors and 18‑foot ceilings
