Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    137 6Th Ave West Bend, WI 53095

    • Warehouses
    • 200 SF
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • The Air MD, LLC / Hvac Contractor / Air Conditioning Contractor
    • Bloom Beauty Clinic / Medical Spa
    • Estrella Salon / Hair Salon
    • Make the kut with Shelby / Shopping Mall

    Property Details for 137 6Th Ave

    Year built
    1947
    Property size
    200 SF
    Property type
    Warehouses
    Property subtype
    Retail properties

    Description

    This exceptional 200-square-foot warehouse, located in the heart of Downtown West Bend, presents a unique investment opportunity. Built in 1947, this single-story building sits on a 0.1-acre lot and is zoned for commercial use. The property features a convenient single-tenant occupancy, ideal for a variety of uses. The interior boasts an 8'-10' ceiling height, providing ample vertical space. The warehouse includes a private bathroom, a significant advantage for many businesses. While street parking is readily available, the property also offers 5 total parking spaces. The asking rent is $750 per month, inclusive of water; electricity is the responsibility of the tenant. The property's Assessed Parcel Number (APN) is 29111191410239, located within Washington County. Previously utilized as a salon, this versatile space is well-suited for various commercial applications, including but not limited to, offices or similar businesses. Its central location in Downtown West Bend offers excellent visibility and accessibility. This property represents a compelling opportunity for a small business seeking a well-maintained, conveniently located space. The building's compact size and attractive rental price make it an ideal choice for entrepreneurs and established businesses alike. The property's history and current condition make it a rare find in this desirable location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    West Bend
    County
    Washington
    State
    Wisconsin
    Longitude
    -88.1835
    Latitude
    43.4244

    Comparable in this City

    • Value Estimation by Request
      1.61 Acres

      2575 Main St

      Distribution properties • 1.61 Acres
      2575 Main St, West Bend, WI 53095
      View Details
    • Value Estimation
      $300,000
      18,000 SF

      2119 County Hwy Nn

      WAREHOUSE, STORAGE • 18,000 SF
      2119 County Hwy Nn, West Bend, WI 53095-9711
      View Details
    • Value Estimation by Request
      45,215 SF

      900 Gateway Ct

      Retail properties • 45,215 SF
      900 Gateway Ct, West Bend, WI 53095
      View Details
    • Value Estimation by Request
      0.81 Acres

      1530 Main St

      Retail properties • 0.81 Acres
      1530 Main St, West Bend, WI 53095
      View Details
    • Value Estimation by Request
      10,240 SF

      2028 Main St

      Retail properties • 10,240 SF
      2028 Main St, West Bend, WI 53095
      View Details
    • Value Estimation by Request
      8.20 Acres

      2600 Main St

      Land • 8.20 Acres
      2600 Main St, West Bend, WI 53095
      View Details

    Similar Nearby for Sale

    • $799,000
      8,150 SF

      West Bend Manufacturing Opportunity

      8,000+ sq ft machine shop on corner lot.
      5296 County Hwy, West Bend, WI 53095
      View Details
    • $500,000
      2,415 SF

      Prime West Bend Retail Building

      Bank Building, 2415 SF, $500K
      876 Main St, West Bend, WI 53095
      View Details
    • $2,200,000
      6,772 SF

      West Bend Restaurant - Main St.

      Prime Restaurant Location, High Traffic Area
      1437 Main St, West Bend, WI 53095
      View Details
    • Contact for pricing
      4,976 SF

      West Bend Retail Space For Lease

      High-traffic retail space, 4,976 sq ft.
      960 Paradise Dr, West Bend, WI 53095
      View Details
    • $500,000
      2,415 SF

      Retail Property on Main Street

      Retail property with frontage on Main Street in West Bend.
      876 S Main St, West Bend, WI 53095
      View Details
    • $2,000,000
      12,129 SF

      Historic Mixed-Use Building in West Bend

      Mixed-use building with apartments and commercial spaces in downtown West Bend.
      139 N 6Th Ave, West Bend, WI 53095
      View Details

    Similar Nearby for Lease

    • $9 SF/Yr
      4,200 SF

      West Bend Warehouse Space Available

      4,200 SF warehouse space for lease in West Bend.
      247-253 Stockhausen Ln, West Bend, WI 53095
      View Details
    • $5 SF/Yr
      44,580 SF

      West Bend Warehouse Space Available

      44,580 SF warehouse space for lease in West Bend.
      3701 E Decorah Rd, West Bend, WI 53095
      View Details
    • $20 SF/Yr
      45,215 SF

      West Bend Retail Space Available

      Prime Retail Space, Multiple Units
      900 Gateway Ct, West Bend, WI 53095
      View Details
    • $17 SF/Yr
      10,240 SF

      West Bend Retail Space For Lease

      Prime Retail, 10,240 sq ft, West Bend, WI
      2028 Main St, West Bend, WI 53095
      View Details
    • $12 SF/Yr
      26,185 SF

      West Bend Medical Office Space

      Prime Medical Office Suites Available
      1102 Paradise Dr, West Bend, WI 53095
      View Details
    • $13 SF/Yr
      12,000 SF

      Southpoint Office: West Bend, WI

      Executive Suites, West Bend, WI. Prime Location.
      2410 Main St, West Bend, WI 53095
      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.
    137 6Th Ave
    West Bend, WI 53095
    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

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.