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Mixed-Use Property Near Downtown
For Sale
$934,900

1234 Confidential St, Hartland, WI 53029

N, Hartland, WI

Property Size4,856 SF
Lot Size1.28 Acres
Price / SF$192.52
Days on Market48

Property Features for 1234 Confidential St

General Information

Property type Commercial Sale
Property subtype Other
Zoning B-3
Directions Confidential listing located in wonderful Hartland, WI, within walking distance of charming Downtown Hartland. Exact location provided upon receipt of completed NDA.
Standard status Active
APN HAV0000000
Size 4,856 SF
Lot size 1.28 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 5720

Building Details

Year built 1897
Architectural style Other
Listing Agency: Keller Williams Realty-Lake Country
Listed By: Nicholas Marlis · License #59579-94
Added: Aug 28 Changed: Oct 12 Last Checked: Oct 14 at 3:06PM
MLS# 1978250

Copyright © 2026 Metro MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This mixed-use property covers approximately 1.28 acres and includes 4,856 square feet of property size. The improvements date to 1897, providing an established physical presence within Hartland.

The property is within walking distance of Downtown Hartland, including shops, restaurants, parks, and other amenities. B-3 zoning is in place. Zoning, permitted uses, development potential, and other property information should be verified with the Village of Hartland.

Key Highlights

  • Approximately 1.28 acres
  • 4,856 square feet of property size
  • B‑3 zoning

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$57,689
Cap Rate
6.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,153,780 $1.2M
Cap Rate 7%
$824,129 $824.1K
Cap Rate 9%
$640,989 $641.0K
Market Conditions
NOI Build-Up for 4,856 SF
Gross rent
$104.9K $21.60/SF
− Vacancy
−$12.6K −$2.59/SF
EGI
$92.3K $19.01/SF
− OpEx
−$34.6K −$7.13/SF
NOI
$57.7K $11.88/SF
Area
Waukesha County, WI
Vacancy
12.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,153,780
Cap Rate 7%
$824,129
Cap Rate 9%
$640,989

Alternative Uses

Best Use
Mixed Use
$824.1K
$721.1K – $961.5K (±1% cap)
NOI $57,689 @ 7.0% cap · market cap 6.17%
Second Best
—
—
no second resolved use
Theoretical Best
Flex RnD
$2.48M
$2.17M – $2.89M (±1% cap)
NOI $173,485 @ 7.0% cap · market cap 18.56%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

20
Businesses Nearby

Demographics for 53029, WI

21,239
Population
8,717
Households
2.4
Avg Household Size
43
Median Age
49%
College-Educated
98%
High-School Grad
37.6 sq mi
ZIP Area
565
Density / Sq Mi
$109,778
Median Household Income
$58,923
Median Earnings
$1,126
Median Rent
$449,800
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Mixed-use property - B-3 zoning and a walkable setting near downtown shops, restaurants, parks, and other community amenities.
Where is this mixed-use property located?
The property is located at 1234 Confidential St Hartland, WI.
What is the asking price?
The asking price for this property is $934,900.
What are key features of this property?
This property features: Approximately 1.28 acres; 4,856 square feet of property size; B‑3 zoning
More about this property
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