Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    5708 60Th Ave Kenosha, WI 53142
    Back to Search
    Property profile & analytics

    5708 60Th Ave, Kenosha, WI 53142

    View on Map
    • Retail properties & Spaces
    • 202,471 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 5708 60Th Ave

    Property type
    Retail properties & Spaces

    Description

    This exceptional retail property, located in Kenosha County at 5708 to 5914 75th St & 7405 to 7317 60th Ave, offers a significant leasing opportunity. The property encompasses a substantial 202,471 square feet of commercial retail space, currently housing multiple tenants. A prime 1,890 square foot space is immediately available, presenting a unique chance for expansion or new business establishment. The property boasts ample parking with 999 spaces, ensuring convenient access for customers and employees. Its strategic location within Kenosha County provides excellent visibility and accessibility, making it an ideal location for a variety of retail businesses. The property's size and existing tenant base suggest a strong, established market presence. This is a rare opportunity to secure a significant retail footprint in a thriving area. The available space is ready for immediate occupancy, allowing for a swift and efficient transition. Interested parties are encouraged to inquire promptly to secure this exceptional retail space. The property's substantial size and ample parking make it an attractive option for businesses seeking a prominent presence in Kenosha County. The existing multi-tenant environment suggests a strong and established commercial area.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Kenosha
    County
    Kenosha
    State
    Wisconsin
    Longitude
    -87.8799
    Latitude
    42.5683

    Comparable in this City

    • Value Estimation by Request
      46,000 SF

      4204 78Th St

      Retail properties & Spaces
      4204 78Th St, Kenosha, WI 53142
      View Details
    • Value Estimation by Request
      19,374 SF

      3805 80Th St

      Individual retail properties
      3805 80Th St, Kenosha, WI 53142
      View Details
    • Value Estimation by Request

      Walgreens

      Opportunity to purchase a well established Walgreens location in Kenosha, WI
      3805 80th Street, Kenosha, WI 53142
      View Details
    • Value Estimation by Request
      8.85 Acres

      7115 75Th St

      Land
      7115 75Th St, Kenosha, WI 53142
      View Details
    • Value Estimation by Request
      22,572 SF

      5741 75Th St

      Neighborhood centers
      5741 75Th St, Kenosha, WI 53142
      View Details
    • Value Estimation by Request
      22,572 SF

      5731 75Th St

      Individual retail properties
      5731 75Th St, Kenosha, WI 53142
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Acre Retail Site For Sale

      Acre retail site with high traffic count in Kenosha.
      6110 Green Bay Rd, Kenosha, WI 53142
      View Details
    • $424,900

      Kenosha Retail/Office Building For Sale

      Well-maintained Kenosha building with office space and rental potential.
      4103 60Th St, Kenosha, WI 53142
      View Details
    • Contact for pricing
      11,357 SF

      Freestanding Class A Retail Building

      High-visibility retail building in a high-traffic commercial corridor.
      6905 75Th Pl, Kenosha, WI 53142
      View Details
    • Contact for pricing

      Auto Shops on High Profile Site

      Three buildings on a 0.761-acre site with high traffic.
      4512 75Th St, Pleasant Prairie, WI 53142
      View Details
    • $950,000
      9,975 SF

      Kenosha Retail Building For Sale

      Approximately 10,000 square foot retail building in Kenosha, Wisconsin.
      4017 80Th St, Kenosha, WI 53142
      View Details
    • Contact for pricing
      1.29 Acres

      Kenosha Commercial Land - Highway 50

      Prime 1.29-acre outlot near Best Buy.
      0 Wi-50, Kenosha, WI 53142
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Highway 50 Commercial Land

      88-acre multi-use development site on Highway 50.
      104Th Ave, Pleasant Prairie, WI 53142
      View Details
    • Contact for pricing
      100,000 SF

      Retail Anchor Space Available

      Retail anchor space available north of Lowe's.
      6318 Green Bay Rd, Kenosha, WI 53142
      View Details
    • Contact for pricing
      4,500 SF

      Freestanding Retail Building on Green Bay

      High-visibility retail or restaurant space in Kenosha's commercial corridor.
      7120 Green Bay Rd, Kenosha, WI 53142
      View Details
    • Contact for pricing

      Southport Plaza Retail Space Available

      Retail spaces for lease in destination shopping center.
      7200 Green Bay Rd, Kenosha, WI 53142
      View Details
    • Contact for pricing
      3,000 SF

      Kenosha Retail Outlot Opportunity

      Prime retail outlot at a busy Kenosha intersection.
      7450 Green Bay Rd, Kenosha, WI 53142
      View Details
    • Contact for pricing

      Pleasant Prairie Retail/Office Suites

      Retail and office suites available in Pleasant Prairie, Wisconsin.
      8501 75Th St, Kenosha, WI 53142
      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.
    5708 60Th Ave
    Kenosha, WI 53142
    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
    5708 60Th Ave, Kenosha, WI, 53142
    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!