Lower-Level Office
For Sale
Contact for pricing
15850 W Bluemound ROAD Unit 15, Brookfield, WI 53005
The suite includes a private office, kitchenette, and use of a shared conference room.
Property Size2,205 SF
Price / SF$1.00
Days on Market9
Property Features for 15850 W Bluemound ROAD Unit 15
General Information
Standard status
Active
Size
2,205 SF
Property subtype
Commercial
Additional Details
Floor
Lower Level
Highway Access
Yes
Property Use
Office
Amenities
handicap accessible
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 2:56PM
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.
This 2,205-square-foot office suite occupies the lower level and includes an open work area, one private office, and a kitchenette. The building provides air conditioning, heat, electricity, and other utilities, along with access to a shared conference room. The property was built in 1978 and is handicap accessible.
At 15850 W Bluemound Road in Brookfield, the building is within one mile of I-94. Shopping, dining, and hotels are also nearby.
At 15850 W Bluemound Road in Brookfield, the building is within one mile of I-94. Shopping, dining, and hotels are also nearby.
Key Highlights
- 2,205‑square‑foot lower‑level office suite
- Open work area, one private office, and kitchenette
- Shared conference room access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,612
Suggested Prices Based on Cap Rates
Cap Rate 5%
$612,240
$612.2K
Cap Rate 7%
$437,314
$437.3K
Cap Rate 9%
$340,133
$340.1K
Market Conditions
NOI Build-Up for 2,205 SF
Gross rent
$54.8K $24.84/SF
− Vacancy
−$14.0K −$6.33/SF
EGI
$40.8K $18.51/SF
− OpEx
−$10.2K −$4.63/SF
NOI
$30.6K $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%
$612,240
Cap Rate 7%
$437,314
Cap Rate 9%
$340,133
Alternative Uses
Best Use
Office B
$437.3K
$382.7K – $510.2K
NOI $30,612 @ 7.0% cap · market cap 1,388.30%
Second Best
—
—
no second resolved use
Theoretical Best
Flex RnD
$1.13M
$984.7K – $1.31M
NOI $78,776 @ 7.0% cap · market cap 3,572.61%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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 - The suite includes a private office, kitchenette, and use of a shared conference room.
Where is this office unit located?
The property is located at 15850 W Bluemound ROAD Unit 15 Brookfield, WI.
What are key features of this property?
This property features: 2,205‑square‑foot lower‑level office suite; Open work area, one private office, and kitchenette; Shared conference room access
