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Food-Grade Manufacturing and Cold Storage
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W3830 County Rd K, Belgium, WI

Manufacturing and cold storage facility with warehouse and office space.

Property Size14,221 SF
Lot Size8.40 Acres
Price / SF$55.55
Days on Market330

Property Features for W3830 County Rd K

General Information

Standard status Active
Size 14,221 SF
Lot size 8.40 Acres
Property subtype INDUSTRIAL
Listing Agency: NAI Pfefferle
Listed By: David Hodge · License #6035590
Source: Moodyscre
Added: Sep 11, 2025 Changed: Jul 6 Last Checked: Jul 21 at 5:48AM

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 NAI Pfefferle

Investment Insights

Based on property information with market context.

This property, constructed in 1969 with an addition of 1,008 square feet in 2016, totals 14,221 square feet. It is designed as a food-grade manufacturing and cold storage facility. The property features primarily warehouse space, complemented by a small office area. Ample outdoor storage is available. The location offers excellent accessibility, situated on a main thoroughfare between HWY 57 and I-43.

Key Highlights

  • Food‑grade manufacturing and cold storage facility.
  • Excellent accessibility due to location on main thoroughfare and proximity to HWY 57 and I‑43.
  • Substantial warehouse space, 14,221 SF total.

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 $77.8k $5.47
− Vacancy −$3.9k −$0.27
EGI $73.9k $5.20
− OpEx −$11.1k −$0.78
NOI $62.8k $4.42
14,221 SF · lease $5.47/SF/yr · vacancy 5.00% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$897.4K
$785.2K – $1.05M (±1% cap)
NOI $62,815 @ 7.0% cap · market cap 7.95%
Second Best
Industrial
$739.8K
$647.3K – $863.1K (±1% cap)
NOI $51,784 @ 7.0% cap · market cap 6.55%
Theoretical Best
Office A
$3.35M
$2.93M – $3.91M (±1% cap)
NOI $234,544 @ 7.0% cap · market cap 29.69%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Manufacturing properties

Suggested Use

Top Pick Electrical Service Discount Store Department Store Bar & Pub

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

5
Businesses Nearby
Well-served
Demand for This Use

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Warehouse - Manufacturing and cold storage facility with warehouse and office space.
Where is this warehouse located?
The property is located at W3830 County Rd K Belgium, WI.
What is the asking price?
The asking price for this property is $790,000.
What are key features of this property?
This property features: Food‑grade manufacturing and cold storage facility.; Excellent accessibility due to location on main thoroughfare and proximity to HWY 57 and I‑43.; Substantial warehouse space, **14,221 SF total**.
(262) 948-8100 Call to check price and availability
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