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Elkhorn, WI

965 Koopman Lane

Address:
965 Koopman Lane, Elkhorn, WI 53121
Property Type:
Vacant
Price:
$2,000,000
Cap Rate:
8.07% pro forma cap
Square Feet:
22,000 sqft
Lot Size:
3.60 Acres
Price Per Square Foot:
$90.91
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* By downloading the Marketing Package (Offering Memorandum) you hereby agree to the CONFIDENTIALITY AND BUYER REGISTRATION AGREEMENT.

Investment Highlights

Investment Highlights

Investment Highlights

  • Vacant 22,000-Square-Foot Industrial Facility Situated on 3.60 Acres
  • Featuring Masonry Construction, 16’ Clear Height, Two Dock Doors, and Two Grade Doors
  • Powder Coating Equipment Available for Sale Separately | Subject to Offer
  • Located One Mile from I-43 and U.S. 12 Interchange, 48 Miles SW from Downtown Milwaukee
  • Immediately Available for Owner Use or Lease-Up Investment Opportunity
  • Outperforming Walworth West Submarket: 1.4% Vacancy Rate vs. 7.8% National Average

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire the property located at 965 Koopman Lane in Elkhorn, Wisconsin. The subject property consists of approximately 22,000 square feet of industrial space situated on 3.60 acres. This industrial facility features masonry construction, 16’ clear height, two dock-high doors, and two grade-level doors. Located one mile from the Interstate 43 and U.S. Route 12 interchange, the property provides convenient access to major transportation routes. The property is immediately available for owner use or a lease-up investment opportunity, offering flexibility for potential investors. Additionally, powder coating equipment is available for sale separately, subject to offer.

The property is situated in the outperforming Walworth West industrial submarket, which boasted a 1.4 percent vacancy rate in Q2 2026, significantly lower than the 7.8 percent national average (CoStar, based on top 50 metros, classes A, B, & C, and minimum 10,000 square feet). This submarket presents an attractive opportunity for investors seeking a stable and in-demand location for industrial space. For sale as vacant, the property’s immediate availability for owner use or lease-up investment opportunity makes it an appealing choice for those looking to capitalize on the strong demand for industrial space in the area.

The Milwaukee metropolitan area, where the Walworth West submarket is situated, is a thriving economic hub with a population of over 1.7 million people, spanning across several counties. The region is experiencing positive trends in job growth, with major industries such as manufacturing, healthcare, and logistics driving employment opportunities. The area is well-connected by major transportation infrastructure, including General Mitchell International Airport and several interstate highways, facilitating the movement of goods and people. Major corporations, including Harley-Davidson and Miller Brewing Company, have a significant presence in the market, contributing to its economic stability. According to economic forecasts, the Milwaukee area is expected to continue experiencing steady growth, making it an attractive location for investors seeking a stable and promising market.

BROKER OF RECORD
TODD LINDBLOM
Wisconsin Broker of Record
13890 Bishops Drive, Suite 300
Brookfield, WI 53005
Office (262) 364-1964
Todd.Lindblom@MarcusMillichap.com
License: 56163-90
This information has been secured from sources we believe to be reliable, but we make no representations or warranties, express or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Marcus & Millichap is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2026 Marcus & Millichap. All rights reserved. (Activity ID: ZAH0370455)