Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    9949 58th Pl Kenosha, WI 53144-7810
    Back to Search
    Property profile & analytics

    9949 58th Pl, Kenosha, WI 53144-7810

    View on Map
    • Manufacturing properties
    • 172,962 SF
    • 9.23 lot acres
    Off-Market
    Last Sale Dec 29, 2022
    $18,959,700
    Property ID
    US92-2029321
    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

    • Colbert Packaging Corporation Kenosha / Industrial Manufacturer / Production Facility
    • Colbert GPS Inc / Big Box & Wholesale Store

    Property Details for 9949 58th Pl

    Year built
    2015
    Lot size
    9.23 lot acres
    Zone code
    M-2
    Property type
    Manufacturing properties
    APN
    08-222-32-380-313
    APU
    822232380313

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 29, 2022 $18,959,700 Spirit Realty LP Colbert Kenosha LLC Special Warranty Deed —
    Dec 6, 2019 — Colbert-kenosha LLC — Deed · related $24.6M · Us Bk
    Dec 6, 2018 — Colbert Kenosha LLC — Deed · related $10.2M · Us Bank NA
    Dec 9, 2016 $13,579,100 Colbert-kenosha LLC Bpok 1 LLC Special Warranty Deed $10.6M · Pnc Bank
    Jun 26, 2015 $1,194,000 Bpok 1 LLC Towne Executive Group Bpok LLC Quit Claim Deed · related —
    Apr 26, 2013 $1,363,000 Towne Executive Group Bpok LLC 5111 South 9th Street LLC Quit Claim Deed · related —
    — — Colbert-kenosha LLC — Loan Modification · related $24.6M · Us Bk

    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
    Kenosha
    County
    Kenosha
    State
    Wisconsin
    Longitude
    -87.9289
    Latitude
    42.5829
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-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
    $229,350
    $1,068,000
    $8,068,100
    $9,136,100
    -
    $1,558,028
    $11,769,967
    $13,327,995

    Comparable in this City

    • Value Estimation
      $880,000
      30,400 SF

      10325 58th Pl

      MANUFACTURING (LIGHT)
      10325 58th Pl, Kenosha, WI 53144-7872
      View Details
    • Value Estimation by Request
      0.73 Acres

      1101 65th Ave

      MANUFACTURING (LIGHT)
      1101 65th Ave, Kenosha, WI 53144-7236
      View Details
    • Value Estimation by Request
      764 SF

      5817 46th St

      MANUFACTURING (LIGHT)
      5817 46th St, Kenosha, WI 53144-1803
      View Details
    • Value Estimation
      $1,360,000
      12,600 SF

      6520 46th St

      MANUFACTURING (LIGHT)
      6520 46th St, Kenosha, WI 53144-4503
      View Details
    • Value Estimation
      $1,800,000
      1.51 Acres

      4705 68th Ave

      MANUFACTURING (LIGHT)
      4705 68th Ave, Kenosha, WI 53144-1769
      View Details
    • Value Estimation by Request
      20.33 Acres

      10200 55th St

      MANUFACTURING (LIGHT)
      10200 55th St, Kenosha, WI 53144-4203
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      795,471 SF

      I-94 Frontage Class A Building

      Class A industrial building with I-94 frontage, divisible to 250k SF.
      11705 18Th St, Kenosha, WI 53144
      View Details
    • Contact for pricing
      320,964 SF

      Kenosha Industrial Building For Lease

      Standalone industrial building with subdivision potential and convenient access.
      4200 39Th Ave, Kenosha, WI 53144
      View Details
    • Contact for pricing
      320,964 SF

      Kenosha Warehouse Property for Sale

      Large warehouse property available for sale in Kenosha, Wisconsin.
      4200 39Th Ave, Kenosha, WI 53144
      View Details
    • Contact for pricing

      Kenosha Industrial Land For Sale

      52.20 acres of industrial land ready for immediate development.
      I-94 38Th St, Kenosha, WI 53144
      View Details
    • Contact for pricing

      Kenosha/Racine Trade Area Land

      Commercial land in dynamic Kenosha/Racine trade area.
      2900 Green Bay Rd, Kenosha, WI 53144
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      918,624 SF

      Highland Commerce Center Distribution Facility

      Distribution, eCommerce, and manufacturing facility with freeway access.
      2655 113Th Ave, Somers, WI 53144
      View Details
    • $5 SF/Yr
      795,471 SF

      Somers Logistics Center: Premier Industrial Space

      Class A industrial space, I-94 frontage, multiple tenants.
      11705 18Th St, Kenosha, WI 53144
      View Details
    • Contact for pricing
      61,939 SF

      Somers WI Warehouse Space Available

      241,968 SF warehouse space available for immediate occupancy.
      8419 38Th St, Somers, WI 53144
      View Details
    • Contact for pricing

      Industrial Units with Dock Access

      Small industrial units for rent with dock and drive-in access.
      8950 58Th Pl, Kenosha, WI 53144
      View Details
    • Contact for pricing
      13,940 SF

      Kenosha Flex Space For Rent

      Flex space with kitchen, party rooms, and high traffic location.
      4237 Green Bay Rd, Kenosha, WI 53144
      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.
    9949 58th Pl
    Kenosha, WI 53144-7810
    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
    9949 58th Pl, Kenosha, WI, 53144
    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!