Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • 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

    18525 W Capitol Dr Brookfield, WI 53045

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,495,000

    Well-kept retail building with high traffic on Capitol Drive.

    Property size:
    14,540 SF
    Lot size:
    0.74 Acres

    Property Features for 18525 W Capitol Dr

    General Information

    Size
    14,540 SF
    Lot size
    0.74 Acres

    We can help!

    Listing Contact
    Nicholas Zurich
    Nicholas Zurich
    Source: Moodyscre

    Listing Agent: Nicholas Zurich

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

    Learn more

    Property Insight Report

    Overview

    Retail Building on Capitol Drive

    This modern, well-maintained building is located on Capitol Drive, which experiences a daily traffic volume of 36,700 cars. The property is situated adjacent to Sendik's Town Center, which includes a grocery store, Starbucks, a bank, restaurants, boutique retail shops, as well as business and medical offices. Showings must be scheduled after business hours.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ken Michaels Furniture ... Furniture Store

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store 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
    -88.1425056
    Latitude
    43.0899466

    Nearby Similar for Sale

    • $919,900
      3,063 SF

      Luxury Condominium in Brookfield Village

      New luxury condominium with customizable ranch design in historic Brookfield.
      3020 N 186Th St, Brookfield, WI 53045
      View Details
    • $4,900,000
      49,280 SF

      Mixed-Use Property on Bluemound Road

      Retail, office, and warehouse space in Brookfield, Wisconsin.
      18110 W Bluemound Rd, Brookfield, WI 53045
      View Details
    • Contact for pricing

      Brookfield Office Building in Bishops Woods

      Single-story, multi-tenant office building in a tranquil, wooded office park.
      150 S Sunny Slope Rd, Brookfield, WI 53005
      View Details
    • Contact for pricing

      Brookfield Class A Office Building

      Class A office building in Bishops Woods Office Park.
      13400 Bishops Ln, Brookfield, WI 53005
      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
    • $12,995,000
      63,909 SF

      Brookfield Retail Space For Sale

      63,909 SF commercial space near The Corners of Brookfield.
      19355 W Bluemound Rd, Brookfield, WI 53045
      View Details
    • Contact for pricing
      15,400 SF

      Brookfield Restaurant Space For Sale

      Restaurant space with existing infrastructure in high-traffic area.
      12455 W Capitol Dr, Brookfield, WI 53005
      View Details
    • Contact for pricing
      137 SF

      Brookfield Retail Center For Sale

      Highly accessible shopping center in Brookfield's retail corridor.
      17430 W Bluemound Rd, Brookfield, WI 53045
      View Details
    • Contact for pricing
      4,484 SF

      Former Restaurant in Retail Corridor

      Restaurant property in high-traffic retail area, prominent signage.
      16680 W Bluemound Rd, Brookfield, WI 53005
      View Details
    • Contact for pricing
      109 SF

      Retail Center on Bluemound Road

      Retail center on heavily traveled Bluemound Road corridor.
      17105-17165 Bluemound Rd, Brookfield, WI 53005
      View Details
    • Contact for pricing

      Class A Shopping Center

      Well-positioned shopping center with high visibility and multiple access points.
      15375-15445 W Bluemound Rd, Brookfield, WI 53005
      View Details
    • Contact for pricing
      65 SF

      Brookfield Retail Corridor Shopping Center

      Boutique shopping center in the heart of the Brookfield Retail Corridor.
      18900 W Bluemound Rd, Brookfield, WI 53045
      View Details

    FAQs

    What type of property is this?
    Retail space - Well-kept retail building with high traffic on Capitol Drive.
    Where is this retail space located?
    The property is located at 18525 W Capitol Dr Brookfield, WI.
    What is the asking price?
    The asking price for this property is $1,495,000.
    What are key features of this property?
    This property features: - High daily traffic count with 36,700 cars per day on Capitol Drive.; - Modern, well-kept building.; - Adjacent to Sendik's Town Center.
    (262) 765-0010
    Request Owner's contact information
    18525 W Capitol Dr Brookfield, WI 53045
    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.
    18525 W Capitol Dr
    Brookfield, WI 53045
    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
    18525 W Capitol Dr Brookfield, WI 53045
    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
    Nicholas Zurich
    Nicholas Zurich
    Real Estate License ID: WI 89841-94
    (262) 765-0010
    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.