Industrial Warehouse
12540 W Townsend St, Brookfield, WI 53222
For Sale
Contact for pricing
Established industrial property with O&LI zoning and substantial building improvements.
Property Size43,752 SF
Price / SF$78.85
Days on Market97
Property Features for 12540 W Townsend St
General Information
Standard status
Size
Property subtype
Zoning
Building Details
Year Built
Building Size
Listing Agency:
Newmark - Milwaukee
Listed By:
Stephen Provancher · License WI #51873
(262) 271-4440
Source:
Crexi
Added: Aug 6
Changed: Oct 26
Last Checked: Nov 8 at 7:52AM
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 Newmark - Milwaukee
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Investment Insights
Based on property information with market context.
This industrial warehouse property contains 43,752 square feet of building area and was constructed in 1962. The asset is classified within the warehouse property category and carries O&LI zoning.
The property is located at 12540 W. Townsend St in Brookfield, Wisconsin. Its industrial classification and existing warehouse improvements provide a defined commercial use profile for evaluation.
The property is located at 12540 W. Townsend St in Brookfield, Wisconsin. Its industrial classification and existing warehouse improvements provide a defined commercial use profile for evaluation.
Key Highlights
- 43,752 square feet of industrial warehouse space
- O&LI zoning
- Constructed in 1962
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$193,254
Cap Rate
5.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,865,080
$3.9M
Cap Rate 7%
$2,760,771
$2.8M
Cap Rate 9%
$2,147,267
$2.1M
Market Conditions
NOI Build-Up for 43,752 SF
Gross rent
$239.3K $5.47/SF
− Vacancy
−$12.0K −$0.27/SF
EGI
$227.4K $5.20/SF
− OpEx
−$34.1K −$0.78/SF
NOI
$193.3K $4.42/SF
Area
Milwaukee County, WI
Vacancy
5.00%
Lease Rate
$5.47 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,865,080
Cap Rate 7%
$2,760,771
Cap Rate 9%
$2,147,267
Alternative Uses
Best Use
Warehouse
$2.76M
$2.42M – $3.22M
NOI $193,254 @ 7.0% cap · market cap 5.60%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$10.38M
$9.08M – $12.10M
NOI $726,264 @ 7.0% cap · market cap 21.05%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
774
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 53222, WI
25,422
Population
11,765
Households
2.2
Avg Household Size
37
Median Age
44%
College-Educated
96%
High-School Grad
5.4 sq mi
ZIP Area
4,708
Density / Sq Mi
$73,523
Median Household Income
$48,029
Median Earnings
$1,026
Median Rent
$202,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Warehouses in Milwaukee County, WI
Properties on Market for Warehouses in Milwaukee County
Vacancy Rate% for Industrial in Midwest region
Similar Off Market Nearby
- Extra Space Storage — 3031 N 114th St, Wauwatosa, WI 53222
- Ryder — 11400 W Burleigh St, Milwaukee, WI 53222
- Lineage — 11400 W Burleigh St, Wauwatosa, WI 53222
Frequently Asked Questions
What type of property is this?
Warehouse - Established industrial property with O&LI zoning and substantial building improvements.
Where is this warehouse located?
The property is located at 12540 W Townsend St Brookfield, WI.
What is the asking price?
The asking price for this property is $3,450,000.
What are key features of this property?
This property features: 43,752 square feet of industrial warehouse space; O&LI zoning; Constructed in 1962
