Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Brookfield Vacant Land Opportunity Title is generated by Realmo AI

    Lt0 W Greenfield Ave, Brookfield, WI 53045

    View on Map
    Claim this Listing
    For Sale
    $339,000

    Vacant Land - Brookfield, WI

    Lot size:
    0.88 Acres
    Added:
    Apr 7, 2026
    Days on Market:
    47
    Last Refresh:
    May 23 at 11:06 am

    Property Features for Lt0 W Greenfield Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    RES
    Standard status
    Active
    APN
    BKFT1135990001
    Lot size
    0.88 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    651

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Jordan Jens
    Jordan Jens

    Listing agent Jordan Jens License #96624-94

    Listing office Homestead Realty, Inc 7734 Harwood Ave, Wauwatosa, WI 53213, Milwaukee, WI

    Listing date Apr 7, 2026

    MLS# 1956598 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

    • Nearly one‑acre lot in a private, mature setting
    • Located in the highly sought‑after Elmbrook School District
    • Opportunity to build a custom home tailored to your vision
    • Close proximity to shopping and dining
    • Convenient access to parks and major commuter routes
    • Offers a rare blend of tranquility and convenience

    Overview

    This property features a nearly one-acre lot situated in a private setting with mature surroundings. Located in Brookfield, Wisconsin, the land is within the Elmbrook School District. The property offers close proximity to shopping, dining, parks, and major commuter routes. Some site preparation is needed to build a custom home.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Brookfield
    County
    Waukesha
    State
    Wisconsin
    Longitude
    -88.15711
    Latitude
    43.017663

    Nearby Similar for Sale

    • $800,000
      10,800 SF

      Office Building For Sale

      Office building suitable for owner occupancy with built-in income.
      250 Regency Ct, Brookfield, WI
      View Details
    • $3,500,000
      11,736 SF

      Retail Location on Bluemound Road

      Former motorsports retail location with high visibility on Bluemound.
      17740 West Bluemound Road, Brookfield, WI, 53045
      View Details
    • Contact for pricing
      120,000 SF

      Brookfield Class A Office Building

      Class A office building in Bishops Woods Office Park.
      13400 Bishops Lane, Brookfield, WI 53005
      View Details
    • Contact for pricing
      26,933 SF

      Brookfield Office Building in Bishops Woods

      Single-story, multi-tenant office building in a tranquil, wooded office park.
      150 S Sunny Slope Road, Brookfield, WI 53005
      View Details
    • $5,995,000
      17,000 SF

      Retail Space Near Brookfield Corners

      Retail space in desirable location with expansion potential.
      19233-19255 W Bluemound Rd, Brookfield, WI
      View Details
    • $10,995,000
      63,909 SF

      Brookfield Retail Space For Sale

      63,909 SF commercial space near The Corners of Brookfield.
      19355 W Bluemound Rd, Brookfield, WI
      View Details
    • Contact for pricing
      24,577 SF

      Brookfield Medical Office Building

      Multi-tenant medical office building in Brookfield, Wisconsin.
      18200 W Capitol Dr, Brookfield, WI 53045
      View Details
    • $1,950,000
      4,000 SF

      Brookfield Office Space for Lease

      Full-floor office space with prominent signage and ample parking.
      4100 N Calhoun Rd, Brookfield, WI
      View Details
    • Contact for pricing

      Brookfield Office Building For Sale

      Office building near Bluemound corridor with access to Milwaukee metro.
      250 N Sunny Slope Rd, Brookfield, WI 53005
      View Details
    • Contact for pricing

      Brookfield Buildable Land for Sale

      Three buildable acres in vibrant Brookfield, Wisconsin suburb.
      1345 S Barker Rd, Brookfield, WI 53045
      View Details
    • $3,300,000
      52,013 SF

      Brookfield Office Building For Sale

      52,013 SqFt office building available in Brookfield, Wisconsin.
      120 Bishops Way, Brookfield, WI 53005
      View Details
    • Contact for pricing
      712 SF

      Tranquil Office Space Available

      Well-maintained office space in a secure, wooded setting.
      165 Bishops Way, Brookfield, WI
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Nearly one-acre lot in Elmbrook School District.
    Where is this residential land & home lot located?
    The property is located at Lt0 W Greenfield Ave Brookfield, WI.
    What is the asking price?
    The asking price for this property is $339,000.
    What are key features of this property?
    This property features: Nearly one‑acre lot in a private, mature setting; Located in the highly sought‑after Elmbrook School District; Opportunity to build a custom home tailored to your vision
    (414) 750-0455
    We can help!
    Listing Contact
    Jordan Jens
    Jordan Jens
    Real Estate License ID: 96624-94
    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
    Lt0 W Greenfield Ave, Brookfield, WI 53045
    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!