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    7900 Durand Ave Mount Pleasant, WI 53177

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    7900 Durand Ave Mount Pleasant, WI 53177

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    • Industrial properties
    • 12.50 lot acres
    For Lease
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    Mount Pleasant Office Spaces Available For Lease
    Contact for pricing
    37,050 SF

    Mount Pleasant Office Spaces Available

    Office spaces available, ranging from 6,510 to 37,050 SqFt.

    7900 Durand Ave, Mount Pleasant, WI 53177
    View Listing
    Property ID
    US92-0595961
    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

    • Industrial properties

    Property Details for 7900 Durand Ave

    Lot size
    12.50 lot acres
    Property type
    Industrial properties
    APN
    151 032222037000
    APU
    151032222037000

    Description

    This exceptional commercial property at 7900 Durand Avenue in Mount Pleasant, Wisconsin offers a diverse range of spaces ideal for various business needs. Located in Racine County, this two-story building boasts a total of 24,556 square feet, with a significant 27,840 square feet currently vacant and ready for immediate occupancy. The property is classified as Retail, Office, and Industrial, encompassing Executive Office, Flex, Warehouse, and Distribution sub-types, providing unparalleled flexibility for tenants. Multiple tenancy options are available, with spaces ranging from a minimum of 6,510 square feet to a maximum contiguous space of 14,410 square feet. The building provides ample parking for employees and clients, ensuring convenient access. The property's strategic location in Mount Pleasant, Wisconsin, with a zip code of 53177, offers excellent accessibility and visibility. This versatile space is perfect for businesses seeking a combination of office, warehouse, and distribution capabilities, or those needing a large, adaptable footprint. The property's diverse functionality and substantial vacant space present a unique opportunity for businesses looking to establish or expand their operations in a prime location. Contact us today to learn more about leasing options and explore the possibilities this exceptional property offers.

    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
    Mount Pleasant
    County
    Racine
    State
    Wisconsin
    Longitude
    -87.8791
    Latitude
    42.6999
    CBSA code
    39540
    CBSA name
    RACINE, WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $77,431
    $986,600
    $3,295,400
    $4,282,000
    -
    $989,163
    $3,303,962
    $4,293,125

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    Similar Nearby for Sale

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      9,200 SF

      Sturtevant Industrial Property for Sale

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

      Sturtevant Industrial Land - $4.75M

      26-Acre Industrial Site, I-94 Access
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      4.5 Acres of Land

      4.5 acres of land available for sale.
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      Land For Sale

      Land available for sale.
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      Land For Sale

      Land available for sale.
      1102 S Sylvania Ave, Sturtevant, WI 53177
      View Details
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      Sturtevant Industrial Land Opportunity

      26 acres of industrial land near I-94.
      2200 S Sylvania Ave, Sturtevant, WI 53177
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    Similar Nearby for Lease

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      Mount Pleasant Office/Industrial Space

      Office and industrial space available for lease in Mount Pleasant.
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      Flex/R&D Building for Lease

      First generation flex/R&D building with drive-in doors.
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      74,730 SF

      Sturtevant Warehouse Space for Lease

      74,730 SF warehouse space available in Sturtevant, Wisconsin.
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      Sturtevant Commercial Space Available

      Commercial space available for lease in Sturtevant, Wisconsin.
      11201 Enterprise Way, Sturtevant, WI 53177
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      Mt. Pleasant Commerce Center

      Office, flex, R&D, light manufacturing, or showroom space available.
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      Sturtevant Warehouse Proposed Construction

      Proposed warehouse construction in Sturtevant, Wisconsin, offering 128,915 square feet.
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      View Details
    View Listing
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    Mount Pleasant, WI 53177
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    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.

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