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    23255 Paul Rd Waukesha, WI

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    For Sale
    $5,314,000

    Well-maintained office facility convertible to flex or industrial space.

    Property size:
    55,940 SF
    Lot size:
    4.83 Acres

    Property Features for 23255 Paul Rd

    General Information

    Size
    55,940 SF
    Lot size
    4.83 Acres

    Source: Bear Development Agent Craig Bartsch

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

    Overview

    Waukesha Office/Flex/Industrial Opportunity

    This well-maintained office facility, located within the Pewaukee Business Center, offers the potential for conversion to flex and/or industrial use. The property features one overhead door and one depressed dock door. It benefits from convenient access to I-94, located just one mile away. Additionally, the location provides convenient proximity to retail, restaurant, and hospitality amenities. The property encompasses a total area of 55,940 square feet.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Auto Repair Shop Wholesale Shop Hotel & Motel Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Waukesha
    County
    Waukesha
    State
    Wisconsin
    Longitude
    -88.1584129
    Latitude
    42.9755679

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    FAQs

    What type of property is this?
    Flex space - Well-maintained office facility convertible to flex or industrial space.
    Where is this flex space located?
    The property is located at 23255 Paul Rd Waukesha, WI.
    What is the asking price?
    The asking price for this property is $5,314,000.
    What are key features of this property?
    This property features: - Great access (1 mile) to I-94; - Can be converted to flex and/or industrial; - Located within the Pewaukee Business Center
    (262) 697-9616
    Request Owner's contact information
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    Realmo Value Estimation

    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.

    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.

    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
    23255 Paul Rd Waukesha, WI
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