Mixed-Use Industrial
New
For Sale
$4,100,000
N22W22922 Nancys Ct, Waukesha, WI 53186
Warehouse, manufacturing, and office functions are supported by dock and drive-in loading and M-6 Industrial zoning.
Property Size34,540 SF
Price / SF$118.70
Days on Market4
Property Features for N22W22922 Nancys Ct
General Information
Standard status
Active
Size
34,540 SF
Class
B
Property subtype
industrial
Zoning
M-6
Additional Details
Highway Access
Yes
Heavy Power
Yes
Listing Agency:
Milwaukee
(414) 944-2200
Listed By:
Tony Haning · License #75235-94
(414) 944-2110
Source:
Property.jll
Added: Oct 2
Changed: Oct 3
Last Checked: Oct 4 at 6:27AM
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 Milwaukee
Investment Insights
Based on property information with market context.
This 34,540-square-foot industrial property brings warehouse, manufacturing, and office space together in one facility. Loading is served by multiple dock positions and drive-in access. Building improvements include a new HVAC system, a roof replaced in 2018, LED lighting, and substantial power capacity.
The property is on Highway F in Waukesha, approximately one mile north of Interstate 94. M-6 Industrial zoning applies.
The property is on Highway F in Waukesha, approximately one mile north of Interstate 94. M-6 Industrial zoning applies.
Key Highlights
- 34,540‑square‑foot facility combining warehouse, manufacturing, and office space
- Multiple dock positions and drive‑in loading
- M‑6 Industrial zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$152,564
Cap Rate
3.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,051,280
$3.1M
Cap Rate 7%
$2,179,486
$2.2M
Cap Rate 9%
$1,695,156
$1.7M
Market Conditions
NOI Build-Up for 34,540 SF
Gross rent
$188.9K $5.47/SF
− Vacancy
−$9.4K −$0.27/SF
EGI
$179.5K $5.20/SF
− OpEx
−$26.9K −$0.78/SF
NOI
$152.6K $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 Rate 5%
$3,051,280
Cap Rate 7%
$2,179,486
Cap Rate 9%
$1,695,156
Alternative Uses
Best Use
Mixed Use
$5.86M
$5.13M – $6.84M
NOI $410,335 @ 7.0% cap · market cap 10.01%
Second Best
Warehouse
$2.18M
$1.91M – $2.54M
NOI $152,564 @ 7.0% cap · market cap 3.72%
Theoretical Best
Flex RnD
$17.63M
$15.42M – $20.57M
NOI $1,233,974 @ 7.0% cap · market cap 30.10%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Yes
Heavy power
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
364
Businesses Nearby
Explore this area
Business Placement
Demographics for 53186, WI
32,332
Population
15,066
Households
2.1
Avg Household Size
38
Median Age
39%
College-Educated
95%
High-School Grad
12.6 sq mi
ZIP Area
2,566
Density / Sq Mi
$74,596
Median Household Income
$42,007
Median Earnings
$1,180
Median Rent
$277,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Midwest region
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 - Warehouse, manufacturing, and office functions are supported by dock and drive-in loading and M-6 Industrial zoning.
Where is this mixed-use property located?
The property is located at N22W22922 Nancys Ct Waukesha, WI.
What is the asking price?
The asking price for this property is $4,100,000.
What are key features of this property?
This property features: 34,540‑square‑foot facility combining warehouse, manufacturing, and office space; Multiple dock positions and drive‑in loading; M‑6 Industrial zoning
