Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Renovated Office and Warehouse Building Title is generated by Realmo AI

    8655 N 43rd St, Brown Deer, WI 53209

    View on Map
    Claim this Listing
    New
    For Sale
    $565,000

    Office(s),Warehouse - Brown Deer, WI

    Property size:
    40,314 SF
    Lot size:
    0.93 Acres
    Price / SF:
    $14/SF
    Added:
    Jun 1, 2026
    Days on Market:
    4
    Last Refresh:
    Jun 4 at 9:06 am

    Property Features for 8655 N 43rd St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    OVPD
    Interior features
    Inside Storage, Rest Rooms
    Exterior features
    Fuel Tanks, Outside Storage
    Standard status
    Active
    APN
    0479987001
    Size
    40,314 SF
    Lot size
    0.93 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    6819.33

    Utilities

    Heating system
    Forced Air, Natural Gas, Other (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    1901
    Floors in Building
    1
    Building materials
    Stone
    Roof type
    Rubber
    Architectural style
    Other
    Additional Structures
    Storage

    We can help!

    Listing Contact
    On Point Realty Group*

    Listing agent On Point Realty Group* License #82189-94

    Listing office Keller Williams Realty-Milwaukee North Shore 205 E. Silver Spring Dr., Whitefish Bay, WI 53217, Whitefish Bay, WI

    Listing date Jun 1, 2026

    MLS# 1965531 Listing URL

    Copyright © 2026 Metro MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Updated stone cinderblock commercial building on 0.93 acres with oversized parking lot and large pergola patio.
    • Direct access to Oakleaf Trail, right in the Brown Deer north shore corridor.
    • Three‑unit layout: ~2,450 SF open training/flex space, ~200 SF wellness studio, and ~800 SF private office suite.
    • Central air with four‑unit HVAC; forced‑air heating with natural gas and other heating sources.
    • Year built 1901; rubber roof and room for inside storage with rest rooms.
    • Pro forma market rents support $56,400 gross annual income; commercially zoned with additional development opportunity.

    Overview

    This renovated cinderblock commercial building is configured as a three-unit layout, combining a large open training/flex space with a wellness studio and a private office suite. The property includes approximately 2,450 SF of open training/flex space, about 200 SF for the wellness studio, and roughly 800 SF for the private office suite. Improvements noted in the listing include a good roof, four-unit HVAC, and move-in-ready condition. Site features include an oversized parking lot and a large pergola patio, providing practical outdoor space for tenants and visitors.

    The building is located in Brown Deer and described as sitting in the newly renovated heart of the area, surrounded by new construction and directly on the Oakleaf Trail. The listing also highlights direct trail access, which can support concepts that benefit from visibility and convenient non-vehicular access.

    With a layout that blends open use space with private offices, the property can fit owner-users and operators looking for flexible space in one asset. The listing further notes the presence of a wellness studio and trail adjacency, which may align with fitness, wellness, or food and beverage concepts. The property is zoned OVPD and is described as commercially zoned land with additional development opportunity. A pro forma figure is also provided in the listing, indicating support for $56,400 in gross annual income for the stated market rents.
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Firehouse Subs Brown Deer Marketplace — 9070 N Green Bay Rd, Brown Deer, WI 53209

    Location Insight

    • Map
    • Local Demand
    City
    Brown Deer
    County
    Milwaukee
    State
    Wisconsin
    Longitude
    -87.965311
    Latitude
    43.175434

    Nearby Similar for Sale

    • $899,000
      22,314 SF

      Retail Space Available For Sale

      Retail space with 22,314 SqFt available for sale.
      8200 N Teutonia Ave, Brown Deer, WI 53209
      View Details
    • $509,535
      2,613 SF

      Customizable Warehouse Space For Sale

      Unique, customizable warehouse space with modern amenities and 24-hour access.
      8949 N Deerbrook Trail Unit 111, Brown Deer, WI 53223
      View Details
    • $3,050,000
      3,108 SF

      Retail Space on Brown Deer

      First generation retail suite available for rent in Brown Deer.
      5506-5530 W Brown Deer Rd, Brown Deer, WI
      View Details
    • $995,000
      12,768 SF

      Retail, Industrial

      5221 W Beaver Creek Pkwy, Brown Deer, WI 53223
      View Details
    • $283,386
      1,470 SF

      Customizable Warehouse Space Available

      Unique, customizable warehouse space with modern amenities for sale.
      8949 N Deerbrook Trail Unit 112, Brown Deer, WI 53223
      View Details
    • $286,650
      1,470 SF

      Customizable Warehouse Space For Sale

      Affordable, customizable warehouse space with HVAC, security, and unlimited access.
      8949 N Deerbrook Trail Unit 115, Brown Deer, WI 53223
      View Details
    • $286,650
      1,470 SF

      Customizable Warehouse Space Available

      Adaptable warehouse space with HVAC, security, and unlimited access.
      8949 N Deerbrook Trail UNit 110, Brown Deer, WI 53223
      View Details
    • $950,000
      37,837 SF

      Mixed-Use Property For Sale

      Mixed-use property with industrial, office, and commercial spaces available.
      6820 N. 43rd Street, Brown Deer, WI 53209
      View Details
    • $1,200,000
      31,329 SF

      Versatile Flex Space Available

      Warehouse, distribution, office, and flex space for sale.
      9050 N Deerbrook Trail, Brown Deer, WI 53223
      View Details
    • $301,684
      1,516 SF

      Customizable Warehouse Space For Sale

      Unique, customizable warehouse space with modern amenities and 24/7 access.
      8949 N Deerbrook Trail Unit 102, Brown Deer, WI 53223
      View Details
    • $404,066
      2,096 SF

      Customizable Warehouse Space For Sale

      Unique, customizable warehouse space with HVAC, security, and unlimited access.
      8949 N Deerbrook Trail Unit 105, Brown Deer, WI 53223
      View Details
    • $417,104
      2,096 SF

      Customizable Warehouse Space For Sale

      Unique, customizable warehouse space with HVAC, security, and 24-hour access.
      8949 N Deerbrook Trail, Brown Deer, WI 53223
      View Details

    FAQs

    What type of property is this?
    Flex space - Move-in-ready, cinderblock three-unit flex and office building with patio, oversized parking, and direct trail access.
    Where is this flex space located?
    The property is located at 8655 N 43rd St Brown Deer, WI.
    What is the asking price?
    The asking price for this property is $565,000.
    What are key features of this property?
    This property features: Updated stone cinderblock commercial building on 0.93 acres with oversized parking lot and large pergola patio.; Direct access to Oakleaf Trail, right in the Brown Deer north shore corridor.; Three‑unit layout: ~2,450 SF open training/flex space, ~200 SF wellness studio, and ~800 SF private office suite.
    (414) 962-3605
    We can help!
    Listing Contact
    On Point Realty Group*
    Real Estate License ID: 82189-94
    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.
    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
    8655 N 43rd St, Brown Deer, WI 53209
    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!