Your AI Navigator in Commercial Real Estate
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

    1720-1740 W Florist Ave Glendale, WI 53209

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $8 SF/Yr ($2,187 /Mo)

    Adaptable space for warehouse, manufacturing, office, and service uses.

    Property size:
    3,000 SF
    Lot size:
    10,232.00 Acres

    Property Features for 1720-1740 W Florist Ave

    General Information

    Size
    3,000 SF
    Lot size
    10,232.00 Acres

    We can help!

    Listing Contact
    Dave Ferron
    Source: Moodyscre

    Listing Agent: Dave Ferron

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

    Learn more

    Property Insight Report

    Overview

    Versatile Space in Glendale, Wisconsin

    Located in the heart of Milwaukee's North Shore, this property offers convenient access to I-43 via Silver Spring Drive and is situated minutes from downtown Milwaukee. The location is in an active office and retail neighborhood, across the street from Johnson Controls HQ. The property features a tremendous signage opportunity with a two-sided pedestal on Green Bay Road and offers great parking. Space reconfiguration is planned as needed. Docks and drive-in doors can be added. With M-1 zoning, the property is suitable for warehouse, light manufacturing, office, and service district uses. The zoning does not allow retail. Over 29,000 square feet of contiguous space is available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Glendale
    County
    Milwaukee
    State
    Wisconsin
    Longitude
    -87.9323908
    Latitude
    43.1269649

    Nearby Similar for Lease

    • $24 SF/Yr
      20,515 SF

      Redevelopment Opportunity in Bayshore

      Retail and dining spaces available in a redeveloping open-air center.
      400-500 W Silver Spring Dr, Glendale, WI 53217
      View Details
    • $24 SF/Yr
      29,090 SF

      Redeveloped Bayshore Retail and Dining

      Redevelopment includes retail, dining, housing, and community activation.
      401-555 W Northshore Dr, Glendale, WI
      View Details
    • $1.56 SF/Yr
      6,249 SF

      Bayshore Town Center Offices

      Flexible Workspace Solutions in Milwaukee
      500 Silver Spring Dr, Glendale, WI 53217
      View Details
    • $15 SF/Yr
      3,576 SF

      Historical Office Space For Rent

      Historically maintained office space in Milwaukee's North Shore neighborhood.
      4650 N Prt Washington Rd, Glendale, WI
      View Details
    • Contact for pricing
      54,431 SF

      Cottonwood Plaza Retail Space

      Glendale, WI: 2,300 SF Retail Available
      505 Cottonwood Ave, Glendale, WI 53209
      View Details
    • Contact for pricing
      522,000 SF

      Bayshore Retail: Prime Milwaukee Space

      High-traffic retail center; flexible spaces available.
      5800 Prt Washington Rd, Glendale, WI 53217
      View Details
    • $8 SF/Yr
      39,793 SF

      Glendale Flex Space: Prime Location

      Modern flex space, multiple units available.
      1720 Florist Ave, Glendale, WI 53209
      View Details
    • $15 SF/Yr
      30,611 SF

      Glendale Medical Office Space for Lease

      Prime Glendale location, multiple suites available.
      4655 Prt Washington Rd, Glendale, WI 53212
      View Details
    • $16 SF/Yr
      90,000 SF

      Executive Office Suites Glendale, WI

      Premium Glendale Office Space: 3,000-12,000 SF Available
      750 Ab Data Dr, Glendale, WI 53217
      View Details
    • $12 SF/Yr
      18,426 SF

      Glendale Office Space For Lease

      Executive & Medical Suites Available
      6373 Jean Nicolet Rd, Glendale, WI 53217
      View Details
    • $18 SF/Yr
      13,055 SF

      Glendale Executive Office Suite

      Prime Glendale office space, 2,611 sq ft.
      4701 Prt Washington Rd, Glendale, WI 53212
      View Details
    • $17 SF/Yr
      21,114 SF

      Glendale Executive Office Space

      Prime Glendale location, multiple suites available.
      5225 Ironwood Rd, Glendale, WI 53217
      View Details

    FAQs

    What type of property is this?
    Office space - Adaptable space for warehouse, manufacturing, office, and service uses.
    Where is this office space located?
    The property is located at 1720-1740 W Florist Ave Glendale, WI.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    What are key features of this property?
    This property features: - Over 29,000 SF of contiguous space available.; - M-1 Zoning allows Warehouse, Light Manufacturing, Office and Service District.; - Tremendous signage opportunity with two-sided pedestal on Green Bay Road.
    (414) 347-1000
    Request Owner's contact information
    1720-1740 W Florist Ave Glendale, WI 53209
    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.
    1720-1740 W Florist Ave
    Glendale, WI 53209
    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
    1720-1740 W Florist Ave Glendale, WI 53209
    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
    Dave Ferron
    Real Estate License ID: WI 57683-90
    (414) 347-1000
    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.