Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1930 West Bluemound Rd Waukesha, WI 53186

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $16 SF/Yr ($5,885 /Mo)

    Commercial kitchen and flex space available for rent.

    Property size:
    4,280 SF
    Lot size:
    4,280 SF

    Property Features for 1930 West Bluemound Rd

    General Information

    Size
    4,280 SF

    We can help!

    Listing Contact
    Bryce Karrels
    Source: Cbre

    Listing Agent: Bryce Karrels

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Commercial Kitchen and Flex Space

    A 3,000 square foot commercial kitchen and a 1,280 square foot flex/shell space are available for rent. The property is located just west of Springdale Road on Bluemound Road. The total property size is 4,280 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Studio A5 Event Venue AMP'd Limited Acadamy ... Dance Company Pediatric Acupuncture & CranioSacral Health Consultant UTHOLOGY: Jennifer Hipp, ... Medical Center Golden Rey Energy ... Wellness Center

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Waukesha
    County
    Waukesha
    State
    Wisconsin
    Longitude
    -88.1912051
    Latitude
    43.0369634

    Nearby Similar for Lease

    • Contact for pricing

      Modern Commercial Space in Waukesha

      Like-new commercial property with flexible floor plans and ample parking.
      N8 Johnson Dr, Waukesha, WI 53186
      View Details
    • Contact for pricing
      121,600 SF

      RidgeView Business Center V: Warehouse Space

      121,600 SF Warehouse, 14 Acres, I-94 Access
      W234 Ridgeview Parkway Ct, Waukesha, WI 53188
      View Details
    • $11 SF/Yr
      22,388 SF

      Sunset Drive Office & Industrial Complex

      Flexible Suites, Waukesha, WI
      S30 Sunset Dr, Waukesha, WI 53186
      View Details
    • $9 SF/Yr
      20,000 SF

      Waukesha Flex Space Available

      Modern Flex Warehouse, 4,919 SF Available
      400 Travis Ln, Waukesha, WI 53189
      View Details
    • Contact for pricing
      15,722 SF

      Pewaukee Crossing Retail Center

      High-traffic retail space, multiple suites available
      N20W22951 Watertown Rd, Waukesha, WI 53186
      View Details
    • Contact for pricing
      807 SF

      Waukesha Meijer Retail Space

      Prime In-Store Retail, 807 SF Available
      801 Sunset Dr, Waukesha, WI 53189
      View Details
    • $16 SF/Yr
      2,114 SF

      Waukesha Freestanding Mixed-Use Building

      Versatile live/work or office space in Waukesha.
      1826 E Main St, Waukesha, WI 53186
      View Details
    • $8 SF/Yr
      51,568 SF

      Waukesha Flex Space For Lease

      Modern Flex Space, 3,148 sq ft Available
      407 Pilot Ct, Waukesha, WI 53186
      View Details
    • $7 SF/Yr
      11,989 SF

      Grand Avenue Executive Office Space

      Waukesha Office Building - For Sale
      501 Grand Ave, Waukesha, WI 53186
      View Details
    • Contact for pricing
      175,000 SF

      Bluemound Corporate Park Warehouse

      Class A Warehouse Space Available in Waukesha, WI
      N7W23700 Bluemound Rd, Waukesha, WI 53188
      View Details
    • Contact for pricing
      32,861 SF

      Waukesha Retail Center Opportunity

      Prime Waukesha location, flexible spaces available.
      139 Broadway St, Waukesha, WI 53186
      View Details
    • $14 SF/Yr
      104,459 SF

      One Riverwood Office Space Available

      Waukesha, WI Office Building - Multiple Suites
      N17W24222 Riverwood Dr, Waukesha, WI 53188
      View Details

    FAQs

    What type of property is this?
    Commercial kitchen - Commercial kitchen and flex space available for rent.
    Where is this commercial kitchen located?
    The property is located at 1930 West Bluemound Rd Waukesha, WI.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: - 3,000 SF commercial kitchen available; - 1,280 SF flex/shell space provides versatility; - Located just west of Springdale Road, offering convenient access
    (262) 674-4610
    Request Owner's contact information
    1930 West Bluemound Rd Waukesha, WI 53186
    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.
    1930 West Bluemound Rd
    Waukesha, WI 53186
    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
    1930 West Bluemound Rd Waukesha, WI 53186
    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

    We can help!
    Listing Contact
    Bryce Karrels
    (262) 674-4610
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.