Office Suite with Shared Conference
For Sale
Contact for pricing
15850 W Bluemound ROAD Unit 306, Brookfield, WI 53005
The suite includes access to a shared conference room, with A/C, heat, and electricity provided.
Property Size315 SF
Price / SF$1.67
Days on Market9
Property Features for 15850 W Bluemound ROAD Unit 306
General Information
Standard status
Active
Size
315 SF
Property subtype
Commercial
Additional Details
Condition
Move-in Ready
Highway Access
Yes
Property Use
Office
Amenities
shared conference room
Building Details
Year Built
1978
Listing Agency:
Premier Point Realty LLC
Listed By:
Whitney Rekowski · License #9276394
(414) 507-8641
Source:
Lakecountryflatfee
Added: Oct 21
Changed: Oct 28
Last Checked: Oct 28 at 2:51PM
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.
Office Suite 306 has fresh paint and new flooring, with access to a shared conference room. The building is handicap accessible, and the suite includes A/C, heat, electricity, and other utilities.
The property is within one mile of I-94 and near shopping, dining, and hotels.
The property is within one mile of I-94 and near shopping, dining, and hotels.
Key Highlights
- Office Suite 306 in an accessible building
- Shared conference room available to suite users
- Fresh paint and new flooring
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$4,373
Suggested Prices Based on Cap Rates
Cap Rate 5%
$87,460
$87.5K
Cap Rate 7%
$62,471
$62.5K
Cap Rate 9%
$48,589
$48.6K
Market Conditions
NOI Build-Up for 315 SF
Gross rent
$7.8K $24.84/SF
− Vacancy
−$2.0K −$6.33/SF
EGI
$5.8K $18.51/SF
− OpEx
−$1.5K −$4.63/SF
NOI
$4.4K $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%
$87,460
Cap Rate 7%
$62,471
Cap Rate 9%
$48,589
Alternative Uses
Best Use
Office B
$62.5K
$54.7K – $72.9K
NOI $4,373 @ 7.0% cap · market cap 832.95%
Second Best
—
—
no second resolved use
Theoretical Best
Flex RnD
$160.8K
$140.7K – $187.6K
NOI $11,254 @ 7.0% cap · market cap 2,143.62%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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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 - The suite includes access to a shared conference room, with A/C, heat, and electricity provided.
Where is this office unit located?
The property is located at 15850 W Bluemound ROAD Unit 306 Brookfield, WI.
What are key features of this property?
This property features: Office Suite 306 in an accessible building; Shared conference room available to suite users; Fresh paint and new flooring
