Industrial Flex Property with
6222 W State St Wauwatosa, WI 53213
For Sale
Contact for pricing
Industrial flex space with office and warehouse use plus outdoor storage yard and over-bay outdoor storage.
Property Size6,974 SF
Lot Size0.39 Acres
Price / SF$111.13
Days on Market464
Property Features for 6222 W State St
General Information
Standard status
Active
Size
6,974 SF
Lot size
0.39 Acres
Property subtype
INDUSTRIAL
Listing Agency:
Judson & Associates, S.C.
(262) 695-8800
Listed By:
Matthew Judson · License #9477202
(262) 695-8800
Source:
Moodyscre
Added: Apr 22, 2025
Changed: Jul 27
Last Checked: Jul 29 at 1:39PM
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 Judson & Associates, S.C.
Investment Insights
Based on property information with market context.
This versatile industrial flex property combines indoor workspace with outdoor storage capacity. The offering includes flexible space suitable for both office and warehouse use, along with outdoor storage totaling 0.39 acres and 5,165 SF of over-bay outdoor storage.
The property is located at 6222 W State St in Wauwatosa, with convenient access to major transportation routes serving the Milwaukee area.
With its mix of indoor operations space and secure exterior yard storage, the layout is well-suited to users needing both warehouse functionality and dedicated outdoor staging or storage.
The property is located at 6222 W State St in Wauwatosa, with convenient access to major transportation routes serving the Milwaukee area.
With its mix of indoor operations space and secure exterior yard storage, the layout is well-suited to users needing both warehouse functionality and dedicated outdoor staging or storage.
Key Highlights
- Industrial flex space offering office and warehouse use, with indoor and outdoor operational space
- Includes 0.39 acres of outdoor storage/yard space
- Features 5,165 SF of over‑bay outdoor storage
Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $101.3k | $14.52 |
| − Vacancy | −$6.9k | −$0.99 |
| EGI | $94.4k | $13.53 |
| − OpEx | −$33.0k | −$4.74 |
| NOI | $61.3k | $8.80 |
6,974 SF · lease $14.52/SF/yr · vacancy 6.80% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$876.4K
$766.8K – $1.02M
NOI $61,345 @ 7.0% cap · market cap 7.92%
Second Best
Warehouse
$440.1K
$385.1K – $513.4K
NOI $30,804 @ 7.0% cap · market cap 3.97%
Theoretical Best
Office A
$1.65M
$1.45M – $1.93M
NOI $115,765 @ 7.0% cap · market cap 14.94%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Flex space - Industrial flex space with office and warehouse use plus outdoor storage yard and over-bay outdoor storage.
Where is this flex space located?
The property is located at 6222 W State St Wauwatosa, WI.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: Industrial flex space offering office and warehouse use, with indoor and outdoor operational space; Includes 0.39 acres of outdoor storage/yard space; Features 5,165 SF of over‑bay outdoor storage
