Customizable Warehouse
W2527 Woodland Road #3, Sheboygan Falls, WI 53085
For Sale
New
$189,900
Five of seven condominium units are unfinished and available for buyer-specific configuration.
Property Size2,016 SF
Price / SF$94.20
Days on Market5
Property Features for W2527 Woodland Road #3
General Information
Standard status
Size
Property subtype
Zoning
Warehouse & Industrial
Clear Height
Power
Self-Storage Units
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 13
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 property at W2527 Woodland Road #3 in Sheboygan Falls, Wisconsin, contains seven units, five of which are unfinished. Each unit measures 56 by 36 feet, with 18-foot ceilings and a 5-inch concrete slab. The units have 12-foot-wide by 14-foot-high doors, floor drains, and 200-amp electrical service. Water, sewer, and power connections are stubbed in place. Three buried 1,000-gallon LP tanks have separate meters. The property was built in 2023 and is zoned Comm.
Short-term parking is permitted for up to 12 hours.
Short-term parking is permitted for up to 12 hours.
Key Highlights
- Seven warehouse condominium units; five are unfinished
- Each unit measures 56X36 feet, with 18 foot ceilings
- 12(w)X 14(h)foot doors and a 5 inch slab
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
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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
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Warehouse - Five of seven condominium units are unfinished and available for buyer-specific configuration.
Where is this warehouse located?
The property is located at W2527 Woodland Road #3 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; Each unit measures 56X36 feet, with 18 foot ceilings; 12(w)X 14(h)foot doors and a 5 inch slab
