Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search

    Meet Realmo: The Largest Hub of Commercial Real Estate in the US

    Over 1 million active listings and over 150 million property profiles

    Appleton Ave & Good Hope Rd Menomonee Falls, WI

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail space with high visibility and convenient highway access.

    Type:RETAIL
    Property size:
    5,000 SF
    Lot size:
    6.67 Acres
    Added:
    Mar 11, 2025
    Days on Market:
    421
    Last Refresh:
    Apr 5 at 8:51 pm

    Property Features for Appleton Ave & Good Hope Rd

    General Information

    Standard status
    Active
    Size
    5,000 SF
    Lot size
    6.67 Acres
    Property subtype
    RETAIL

    Spaces For Lease

    at Appleton Ave & Good Hope Rd Contact us

    We can help!

    Listing Contact
    Matt Hunter

    Listing agent Matt Hunter

    Listing office Hunter Real Estate LLC

    Listing date Mar 11, 2025

    Source Moodyscre

    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 Hunter Real Estate LLC

    Overview

    Retail Space with Highway Access

    This retail space presents a build-to-suit opportunity with convenient access to Highway 41/45. The property benefits from great visibility at the highly trafficked intersection of Appleton Avenue and Good Hope Road. Signage opportunities are available. Nearby businesses include Milwaukee Tool, Eaton, Leonardo DRS, and Froedtert. Additionally, the location is within walking distance of three Class A apartment developments: Tennessen Flats (173 units), The Woodlands Apartments (153 units), and The Jade at North Hills (139 units). The property offers a total size of 5,000 square feet.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Menomonee Falls
    County
    Waukesha
    State
    Wisconsin
    Longitude
    -88.1306
    Latitude
    43.1486

    Nearby Similar for Lease

    • $1,300/Mo

      Menomonee Falls High Visibility Unit

      Fresh, clean upper unit with parking and signage available.
      N82w15340 Appleton Ave, Menomonee Falls, WI 53051
      View Details
    • $16 SF/Yr

      Retail Space in High Point

      Retail spaces and outlot available for lease or build-to-suit.
      N56 W14044-14192 Silver Spring, Menomonee Falls, WI, 53051
      View Details
    • $17 SF/Yr

      Remodeled Shopping Center with Grocery Anchor

      Grocery-anchored shopping center with remodeled facade and long-term tenants.
      N81 W15180 Appleton Avenue, Menomonee Falls, WI, 53051
      View Details
    • $6 SF/Yr

      Menomonee Falls Warehouse Space Available

      Warehouse space featuring bonus area and convenient dock doors.
      9251 Fountain Blvd, Menomonee Falls, WI
      View Details
    • Contact for pricing

      Grocery Anchored Shopping Center

      Shopping center in Menomonee Falls, Wisconsin.
      N81W15070 Appleton Ave, Menomonee Falls, WI 53051
      View Details
    • Contact for pricing

      Prime Office Space Available

      Office space for rent in a convenient, visible location.
      Menomonee Falls, WI 53151
      View Details
    • Contact for pricing

      Industrial Single Tenant Opportunity

      10,075 SqFt industrial space available for single tenant.
      W143 N9354 Henry Stark Rd, Menomonee Falls, WI 53051
      View Details
    • Contact for pricing

      Retail Space on Good Hope

      Retail space with high visibility and strong co-tenants.
      N72 W13340 Lund Ln, Menomonee Falls, WI
      View Details
    • Contact for pricing

      Retail Space in Menomonee Falls

      Retail property with excellent visibility and upgraded facade.
      14900-14966 Appleton Ave, Menomonee Falls, WI
      View Details
    • Contact for pricing

      Renovated Retail Space on Appleton

      Retail space with recent renovations and ample parking.
      N89 W16899 Appleton Ave, Menomonee Falls, WI 53051
      View Details
    • $16 SF/Yr

      Menomonee Falls Office Space

      Office space available for lease in Menomonee Falls, Wisconsin.
      18221 County Line Rd, Menomonee Falls, WI
      View Details
    • Contact for pricing

      Menomonee Falls Specialty Property

      Specialty property available for rent in Menomonee Falls.
      13525-13645 Silver Spring Dr, Menomonee Falls, WI
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail space with high visibility and convenient highway access.
    Where is this retail space located?
    The property is located at Appleton Ave & Good Hope Rd Menomonee Falls, WI.
    What are key features of this property?
    This property features: High visibility location at the intersection of Appleton Ave and Good Hope Rd.; Convenient access to Highway 41/45.; Build‑to‑Suit opportunity.
    (414) 931-9931 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Matt Hunter
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    Appleton Ave & Good Hope Rd, Menomonee Falls, WI
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!