New Berlin Commercial
16000 W Rogers Dr, New Berlin, WI 53151
For Sale
Contact for pricing
Commercial property available for sale in New Berlin, Wisconsin.
Property Size107,435 SF
Price / SF$84.94
Days on Market280
Property Features for 16000 W Rogers Dr
General Information
Standard status
Size
Property subtype
Listing Agency:
Founders 3 Real Estate Services Office & Industrial Brokerage Division
Listed By:
Derek Yentz · License WI 90-56952
(414) 520-8073
Source:
Crexi
Added: Feb 5
Changed: Jul 6
Last Checked: Nov 10 at 8:55AM
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 Founders 3 Real Estate Services Office & Industrial Brokerage Division
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This commercial property, located in New Berlin, Wisconsin, is available for sale. The property encompasses a total area of 107435 square feet and is suitable for flex space, industrial, office, and warehouse purposes.
Key Highlights
- No property information was provided to analyze.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$391,212
Cap Rate
4.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,824,240
$7.8M
Cap Rate 7%
$5,588,743
$5.6M
Cap Rate 9%
$4,346,800
$4.3M
Market Conditions
NOI Build-Up for 107,435 SF
Gross rent
$587.7K $5.47/SF
− Vacancy
−$28.8K −$0.27/SF
EGI
$558.9K $5.20/SF
− OpEx
−$167.7K −$1.56/SF
NOI
$391.2K $3.64/SF
Area
Waukesha County, WI
Vacancy
4.90%
Lease Rate
$5.47 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,824,240
Cap Rate 7%
$5,588,743
Cap Rate 9%
$4,346,800
Alternative Uses
Best Use
Flex RnD
$54.83M
$47.98M – $63.97M
NOI $3,838,217 @ 7.0% cap
Second Best
Industrial
$5.59M
$4.89M – $6.52M
NOI $391,212 @ 7.0% cap · market cap 4.29%
Theoretical Best
—
—
same as Best Use
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
Location Intelligence
Trade Area within ½ mile
252
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 53151, WI
32,535
Population
14,324
Households
2.3
Avg Household Size
47
Median Age
47%
College-Educated
98%
High-School Grad
17.5 sq mi
ZIP Area
1,859
Density / Sq Mi
$99,248
Median Household Income
$59,197
Median Earnings
$1,424
Median Rent
$351,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Flex space in Waukesha County, WI
Properties on Market for Flex space in Waukesha County
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Flex space - Commercial property available for sale in New Berlin, Wisconsin.
Where is this flex space located?
The property is located at 16000 W Rogers Dr New Berlin, WI.
What is the asking price?
The asking price for this property is $9,125,000.
What are key features of this property?
This property features: No property information was provided to analyze.
