Retail Space with 4,308
For Sale
Contact for pricing
11617 W Bluemound Rd, Wauwatosa, WI 53226
For sale retail space totaling 4,308 square feet.
Property Size4,308 SF
Price / SF$162.49
Days on Market211
Property Features for 11617 W Bluemound Rd
General Information
Standard status
Active
Size
4,308 SF
Total Parking Spaces
6
Property subtype
Office
Zoning
C2
Lease Type
Gross
Investment Type
Owner/User
Building Details
Year Built
1977
Tenancy
Single
Listing Agency:
Anderson Commercial Group
Listed By:
JESSE GOODDEN · License #WI113530-94
(414) 858-5210
Source:
Crexi
Added: Mar 27
Changed: Oct 18
Last Checked: Oct 23 at 3:33AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Anderson Commercial Group
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The property is a for-sale retail space totaling 4,308 square feet. It is suited for businesses looking for a dedicated retail footprint.
The offering is located at 11617 W Bluemound Rd in Wauwatosa, Wisconsin.
The offering is located at 11617 W Bluemound Rd in Wauwatosa, Wisconsin.
Key Highlights
- Retail space for sale totaling 4,308 SF
- Year built: 1977
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,606
Cap Rate
6.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$872,120
$872.1K
Cap Rate 7%
$622,943
$622.9K
Cap Rate 9%
$484,511
$484.5K
Market Conditions
NOI Build-Up for 4,308 SF
Gross rent
$64.6K $15.00/SF
− Vacancy
−$2.3K −$0.54/SF
EGI
$62.3K $14.46/SF
− OpEx
−$18.7K −$4.34/SF
NOI
$43.6K $10.12/SF
Area
Milwaukee County, WI
Vacancy
3.60%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$872,120
Cap Rate 7%
$622,943
Cap Rate 9%
$484,511
Alternative Uses
Best Use
Retail
$622.9K
$545.1K – $726.8K
NOI $43,606 @ 7.0% cap · market cap 6.23%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.02M
$893.9K – $1.19M
NOI $71,511 @ 7.0% cap · market cap 10.22%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,057
Businesses Nearby
616
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Extra Space Storage
Shops & Services
616 visits/mo
0.5 miles
Demographics for 53226, WI
19,921
Population
8,912
Households
2.2
Avg Household Size
37
Median Age
60%
College-Educated
97%
High-School Grad
6.8 sq mi
ZIP Area
2,930
Density / Sq Mi
$86,361
Median Household Income
$57,753
Median Earnings
$1,348
Median Rent
$301,400
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Retail space - For sale retail space totaling 4,308 square feet.
Where is this retail space located?
The property is located at 11617 W Bluemound Rd Wauwatosa, WI.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Retail space for sale totaling 4,308 SF; Year built: 1977
