Office Suite with Private
New
For Sale
Contact for pricing
15850 W Bluemound Road #105, Brookfield, WI 53005
A shared conference room and accessible building support practical day-to-day use.
Property Size1,236 SF
Price / SF$1.29
Days on Market3
Property Features for 15850 W Bluemound Road #105
General Information
Standard status
Active
Size
1,236 SF
Total Parking Spaces
128
Property subtype
Commercial
Zoning
Office/Commerci
Additional Details
Condition
Built-Out
Highway Access
Yes
Property Use
Recording Studio
Amenities
shared conference room
handicap accessible
Building Details
Building Size
1,236 SF
Year Built
1978
Listing Agency:
Premier Point Realty LLC
(414) 395-5478
Listed By:
Whitney Rekowski · License #9276394
(414) 507-8641
Source:
Howardandwilliams
Added: Oct 30
Last Checked: Oct 30 at 2:18PM
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 Premier Point Realty LLC
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Investment Insights
Based on property information with market context.
Suite 105 is a 1,236-square-foot office unit currently arranged as a recording studio. Its private exterior staircase provides a separate route into the space, which can be reconfigured for other business needs. The building also has a shared conference room and is handicap accessible.
At 15850 W Bluemound Road in Brookfield, the property is within one mile of I-94. Air conditioning, heat, and electricity are included among the available utilities.
At 15850 W Bluemound Road in Brookfield, the property is within one mile of I-94. Air conditioning, heat, and electricity are included among the available utilities.
Key Highlights
- 1,236‑square‑foot office unit, Suite 105
- Currently configured as a recording studio; space can be reworked
- Private exterior staircase provides access to the suite
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,159
Suggested Prices Based on Cap Rates
Cap Rate 5%
$343,180
$343.2K
Cap Rate 7%
$245,129
$245.1K
Cap Rate 9%
$190,656
$190.7K
Market Conditions
NOI Build-Up for 1,236 SF
Gross rent
$30.7K $24.84/SF
− Vacancy
−$7.8K −$6.33/SF
EGI
$22.9K $18.51/SF
− OpEx
−$5.7K −$4.63/SF
NOI
$17.2K $13.88/SF
Area
Waukesha County, WI
Vacancy
25.48%
Lease Rate
$24.84 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$343,180
Cap Rate 7%
$245,129
Cap Rate 9%
$190,656
Alternative Uses
Best Use
Office B
$245.1K
$214.5K – $286.0K
NOI $17,159 @ 7.0% cap · market cap 1,075.13%
Second Best
—
—
no second resolved use
Theoretical Best
Flex RnD
$630.8K
$552.0K – $736.0K
NOI $44,157 @ 7.0% cap · market cap 2,766.73%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,266
Businesses Nearby
Explore this area
Business Placement
Demographics for 53005, WI
21,433
Population
8,744
Households
2.5
Avg Household Size
44
Median Age
62%
College-Educated
98%
High-School Grad
14.7 sq mi
ZIP Area
1,458
Density / Sq Mi
$123,486
Median Household Income
$71,034
Median Earnings
$1,810
Median Rent
$386,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office unit - A shared conference room and accessible building support practical day-to-day use.
Where is this office unit located?
The property is located at 15850 W Bluemound Road #105 Brookfield, WI.
What are key features of this property?
This property features: 1,236‑square‑foot office unit, Suite 105; Currently configured as a recording studio; space can be reworked; Private exterior staircase provides access to the suite
