Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    240 W Division St Fond du Lac, WI 54935
    Property profile & analytics

    240 W Division St Fond du Lac, WI 54935

    View on Map
    • Distribution centers
    • 18,200 SF
    • 0.52 lot acres
    For Sale
    $235,000
    View Listing →
    Former Cheese Factory For Sale For Sale
    $235,000
    18,200 SF

    Former Cheese Factory For Sale

    18,200 SF mixed-use property, ideal for redevelopment or lease.

    240 W Division Street, Fond Du Lac, WI 54935
    View Listing
    Property ID
    US92-2002498
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Fast Towing´s CO / Auto Repair Shop

    Property Details for 240 W Division St

    Year built
    1924
    Lot size
    0.52 lot acres
    Property size
    18,200 SF
    Property type
    Distribution centers
    Property subtype
    Flex space

    Description

    This vacant, 18,200-square-foot industrial building in Fond du Lac, Wisconsin, presents a compelling owner-user opportunity. Located at 240 W Division St, this Class B property sits on a 0.52-acre lot and is zoned for Neighborhood Mixed Use, offering potential for diverse applications. Built in 1924, the building features a 12-foot ceiling height and one 8-foot dock-high door, facilitating efficient loading and unloading. The layout primarily consists of warehouse space, supplemented by a smaller office loft area. Additional features include a basement and second-floor warehouse space accessible via a freight elevator, along with multiple single and three-phase electrical panels throughout. The property is being offered at $300,000, translating to $16.48 per square foot. Note that the building is sold "as is," "where is." Its strategic location along the West Branch of the Fond du Lac River and within an Opportunity Zone adds further investment appeal. This property is ideal for a single-user business seeking a versatile and well-positioned industrial space.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Fond du Lac
    County
    Fond du Lac
    State
    Wisconsin
    Longitude
    -88.455458
    Latitude
    43.7785343

    Comparable in this City

    • Contact for pricing
      69,000 SF

      Upgraded Warehouse and Three-Story Building

      Warehouse and three-story building with recent upgrades for sale.
      12 S Brooke St, Fond du Lac, WI 54935
      View Details
    • $950,000
      32,240 SF

      Versatile 30,000+ SF Facility

      30,000+ SF facility with docks, yard, and ample parking.
      575 Fond Du Lac Ave, Fond du Lac, WI 54935
      View Details
    • $235,000

      Former Cheese Factory For Sale

      18,200 SF mixed-use property, ideal for redevelopment or lease.
      240 W Division St, Fond du Lac, WI 54935
      View Details
    • $250,000
      2,370 SF

      Charming Duplex with Lake Access

      Updated duplex with lake access, ideal for owner-occupancy or investment.
      W5266 Bechaud Beach Dr, Fond du Lac, WI 54935
      View Details
    • Contact for pricing

      982 Woodbine Park Rd, Fond du Lac, WI 54935

      Commercial land
      982 Woodbine Park Rd, Fond du Lac, WI 54935
      View Details

    Similar Nearby for Sale

    • $950,000
      32,240 SF

      Versatile 30,000+ SF Facility

      30,000+ SF facility with docks, yard, and ample parking.
      575 Fond Du Lac Ave, Fond du Lac, WI 54935
      View Details
    • Contact for pricing
      69,000 SF

      Upgraded Warehouse and Three-Story Building

      Warehouse and three-story building with recent upgrades for sale.
      12 S Brooke St, Fond du Lac, WI 54935
      View Details
    • $235,000

      Former Cheese Factory For Sale

      18,200 SF mixed-use property, ideal for redevelopment or lease.
      240 W Division St, Fond du Lac, WI 54935
      View Details
    • Contact for pricing
      2,400 SF

      Retail Space on Pioneer Road

      Retail space available for sale on Pioneer Road.
      30 E Pioneer Rd, Fond du Lac, WI 54935
      View Details
    • Contact for pricing

      Redevelopment Site for Retail

      Former QSR site available for redevelopment and retail vacancy.
      444 W Johnson St, Fond du Lac, WI 54935
      View Details
    • Contact for pricing
      19,690 SF

      Retail Center with Multiple Tenants

      Retail center for sale with four established tenants.
      7-75 W Scott St, Fond du Lac, WI 54935
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      14,960 SF

      Cross Dock Facility For Rent

      14,960 SF cross-dock facility with ample semi space.
      736 Morris St, Fond du Lac, WI 54935
      View Details
    • Contact for pricing
      10,500 SF

      Highway 23 Retail/Flex Space

      Highway 23 location with showroom, shop, and parts room.
      W4037 Westfield Rd, Fond du Lac, WI 54935
      View Details
    • Contact for pricing
      2,400 SF

      Shop Space with Highway Access

      2,400 SF shop space with convenient highway access.
      N5558 Miranda Way, Fond du Lac, WI 54935
      View Details
    • $12 SF/Yr
      4,118 SF

      Flex/Office Facility Near I-41

      Flex/office facility with fenced parking and outside storage available for rent.
      1821 Morris St, Fond du Lac, WI 54935
      View Details
    • Contact for pricing
      30,000 SF

      Warehouse with Easy Highway Access

      12,000 SF warehouse with dock and yard space available.
      800 Morris St, Fond du Lac, WI 54935
      View Details
    • Contact for pricing

      Newly Renovated Office Space

      Recently renovated 1,377 SF office suite available for rent.
      1285 Morris St, Fond du Lac, WI 54935
      View Details
    View Listing
    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.
    240 W Division St
    Fond du Lac, WI 54935
    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
    240 W Division St, Fond du Lac, WI, 54935
    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!