Industrial Warehouse
New
For Sale
Contact for pricing
12540 W Townsend St, Brookfield, WI 53222
Established industrial property with O&LI zoning and substantial building improvements.
Property Size43,752 SF
Price / SF$78.85
Days on Market4
Property Features for 12540 W Townsend St
General Information
Standard status
Active
Size
43,752 SF
Property subtype
Industrial
Zoning
O&LI
Building Details
Year Built
1962
Building Size
43,752 SF
Listing Agency:
Newmark - Milwaukee
(414) 347-9400
Listed By:
Stephen Provancher · License #WI 51873
Source:
Crexi
Added: Aug 6
Changed: Aug 9
Last Checked: Aug 9 at 3:27PM
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
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 = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$193,254
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.60%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
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
Waukesha 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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
Flex RnD
$22.33M
$19.54M – $26.05M
NOI $1,563,082 @ 7.0% cap · market cap 45.31%
Zoning and permitted uses should be independently verified with authorities.
Property 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
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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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
