Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    11201 Enterprise Way Sturtevant, WI 53177
    Property profile & analytics

    11201 Enterprise Way, Sturtevant, WI 53177

    View on Map
    • Warehouses
    • 438,309 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 11201 Enterprise Way

    Property type
    Warehouses
    Property subtype
    Office Spaces

    Description

    This exceptional seven-story building, situated on 26.8 acres at 11201 Enterprise Wy, Sturtevant, WI 53177, offers a unique blend of executive office and warehouse space. The property boasts a total of 438,309 square feet, with a significant 312,740 square feet currently vacant and available for lease. Units range from a minimum of 41,922 square feet to a maximum contiguous space of 125,569 square feet, providing flexibility for businesses of various sizes. The building features impressive 36-foot ceiling heights in the warehouse area, ideal for high-volume storage or manufacturing. Logistics are streamlined with 76 loading docks and 10 drive-in doors, complemented by ample parking with 241 spaces for cars and 90 spaces for trailers. The property benefits from robust power infrastructure, providing 3,000 amps at 480 volts, three-phase. Annual property taxes are $1.35 per square foot. This prime location in Sturtevant, Wisconsin offers easy access to major transportation routes, making it an ideal choice for businesses seeking efficient operations and strategic distribution. The property is classified as Office, Industrial, with subtypes including Executive Office, Warehouse, and Professional, catering to a diverse range of commercial needs. Multiple tenancy options are available.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Sturtevant
    County
    Racine
    State
    Wisconsin
    Longitude
    -87.9231
    Latitude
    42.7016

    Comparable in this City

    • Value Estimation by Request
      202,674 SF

      13200-13207 Globe Dr

      Life science properties
      13200-13207 Globe Dr, Mount Pleasant, WI 53177
      View Details
    • Value Estimation by Request
      1,100 SF

      3617 County Rd

      Distribution properties
      3617 County Rd, Sturtevant, WI 53177
      View Details
    • Value Estimation by Request
      204,594 SF

      13505 Louis Sorenson Rd

      Distribution properties
      13505 Louis Sorenson Rd, Sturtevant, WI 53177
      View Details
    • Value Estimation by Request
      44.14 Acres

      7801 Durand Ave

      Distribution properties
      7801 Durand Ave, Sturtevant, WI 53177
      View Details
    • Value Estimation by Request
      32,156 SF

      13207 Globe Dr

      Life science properties
      13207 Globe Dr, Mount Pleasant, WI 53177
      View Details
    • Value Estimation by Request
      438,309 SF

      11201 Enterprise Way

      Distribution properties
      11201 Enterprise Way, Sturtevant, WI 53177
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      9,200 SF

      Sturtevant Industrial Property for Sale

      9,200 SF industrial property in Sturtevant, Wisconsin available.
      3617 County Road H, Sturtevant, WI 53177
      View Details
    • $4,750,000
      26.04 Acres

      Sturtevant Industrial Land - $4.75M

      26-Acre Industrial Site, I-94 Access
      2200 Sylvania Ave, Sturtevant, WI 53177
      View Details
    • Contact for pricing

      Sturtevant Industrial Land Opportunity

      26 acres of industrial land near I-94.
      2200 S Sylvania Ave, Sturtevant, WI 53177
      View Details
    • Contact for pricing

      Land For Sale

      Land available for sale.
      1102 S Sylvania Ave, Sturtevant, WI 53177
      View Details
    • Contact for pricing

      4.5 Acres of Land

      4.5 acres of land available for sale.
      10001 Washington Ave, Sturtevant, WI 53177
      View Details
    • Contact for pricing

      Land For Sale

      Land available for sale.
      I-94 & Hwy 20, Mount Pleasant, WI 53177
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      390,318 SF

      Enterprise Business Park Warehouse

      390,318 SF warehouse space available for lease.
      2715 International Dr, Mt Pleasant, WI 53177
      View Details
    • Contact for pricing

      Sturtevant Commercial Space Available

      Commercial space available for lease in Sturtevant, Wisconsin.
      11201 Enterprise Way, Sturtevant, WI 53177
      View Details
    • Contact for pricing

      Sturtevant Commercial Space Available

      Commercial space available for lease in Sturtevant, Wisconsin.
      Enterprise Way, Sturtevant, WI 53177
      View Details
    • Contact for pricing
      74,730 SF

      Sturtevant Warehouse Space for Lease

      74,730 SF warehouse space available in Sturtevant, Wisconsin.
      1800 S Sylvania Ave, Sturtevant, WI 53177
      View Details
    • Contact for pricing
      86,942 SF

      Mount Pleasant Warehouse Space

      Available warehouse space in Mount Pleasant, Wisconsin.
      2815 International Dr, Mount Pleasant, WI 53177
      View Details
    • Contact for pricing
      41,894 SF

      New Crossdock Facility For Lease

      438,309 SF building divisible to ±40,000 SF available.
      11201 Enterprise Way, Sturtevant, WI 53177
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    11201 Enterprise Way
    Sturtevant, WI 53177
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    11201 Enterprise Way, Sturtevant, WI, 53177
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!