Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    140 E Rawson Ave Oak Creek, WI 53154

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Flex space featuring office and warehouse areas with drive-in door.

    Property size:
    2,820 SF
    Lot size:
    13.12 Acres

    Property Features for 140 E Rawson Ave

    General Information

    Size
    2,820 SF
    Lot size
    13.12 Acres

    We can help!

    Listing Contact
    Greg Fax
    Source: Moodyscre

    Listing Agency: St. John Properties - Wisconsin Listing Agent: Greg Fax

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Flex Space with Warehouse Component

    This flex space property offers a combination of office and warehouse areas. The office component measures 628 square feet, while the warehouse provides 2,192 square feet of space. The warehouse includes private offices and is equipped with one 10'x12' drive-in door. The total property size is 2,820 square feet.
    Location Intelligence

    Current Use by Public Records

    MECA, Medical Equipment ... Engineering Consultant Wisconsin Early Autism ... Child Health Care Centre Outdoor Lifestyles Safe & Vault Shop Total Spectrum ABA Mental Health Service Rachael Underwood Occupational Therapist

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Oak Creek
    County
    Milwaukee
    State
    Wisconsin
    Longitude
    -87.9077471
    Latitude
    42.9165722

    Nearby Similar for Lease

    • Contact for pricing
      212,835 SF

      Adaptable Industrial Space Available

      212,835 SF industrial space with occupancy slated for March 2026.
      10000 Ridgeview Dr, Oak Creek, WI 53154
      View Details
    • Contact for pricing
      143,000 SF

      Rawson Avenue Business Center A

      Oak Creek Office Space: Versatile Suites Available
      140 Rawson Ave, Oak Creek, WI 53154
      View Details
    • Contact for pricing
      62,963 SF

      Former Grocery Store Available

      Former grocery store available for rent in Oak Creek, WI.
      2320-2400 W Ryan Rd, Oak Creek, WI 53154
      View Details
    • $8 SF/Yr
      24,080 SF

      Oak Creek Warehouse Space For Lease

      Modern warehouse, 5,426 sq ft available.
      440 Bell Ct, Oak Creek, WI 53154
      View Details
    • Contact for pricing
      133,495 SF

      Drexel Gateway: Oak Creek Warehouse

      133,495 SF Warehouse, Fully Vacant
      7350 13Th St, Oak Creek, WI 53154
      View Details
    • Contact for pricing
      60,800 SF

      Modern Flex Space in Milwaukee County

      60,800 SF Flex Space Available Now
      0 6Th St, Oak Creek, WI 53154
      View Details
    • $3 SF/Yr
      71,888 SF

      Functional Warehouse/Production Space Available

      Divisible warehouse/production space with excellent highway access and full amenities.
      7300 S 10Th St, Oak Creek, WI 53154
      View Details
    • Contact for pricing
      10,950 SF

      Drexel Town Square Retail Outlots

      Prime Oak Creek retail space, multiple units available.
      0 Swc Of Drexel Ave And Main St, Oak Creek, WI 53154
      View Details
    • Contact for pricing
      60,710 SF

      New Industrial Space Available

      New industrial property for lease, near I-94.
      W Marquette Ave, Oak Creek, WI 53154
      View Details
    • Contact for pricing
      3,000 SF

      Retail/Office Development Near I-94

      New retail or office development with high traffic visibility.
      7003 S Howell Ave, Oak Creek, WI 53154
      View Details
    • Contact for pricing
      133,412 SF

      Oak Creek Warehouse Space Available

      Industrial warehouse space with convenient access to I-41.
      7350 S 13Th St, Oak Creek, WI 53154
      View Details
    • Contact for pricing
      23,400 SF

      Adaptable Retail, Office, Medical Space

      Customizable space suitable for retail, office, medical, or spa services.
      7126 S Millers Way, Oak Creek, WI
      View Details

    FAQs

    What type of property is this?
    Flex space - Flex space featuring office and warehouse areas with drive-in door.
    Where is this flex space located?
    The property is located at 140 E Rawson Ave Oak Creek, WI.
    What are key features of this property?
    This property features: - 2,192 sq. ft. warehouse space; - Private offices within the warehouse; - 10'x12' drive-in door for easy access
    (414) 881-6414
    Request Owner's contact information
    140 E Rawson Ave Oak Creek, WI 53154
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    140 E Rawson Ave
    Oak Creek, WI 53154
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    140 E Rawson Ave Oak Creek, WI 53154
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Greg Fax
    (414) 881-6414
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.