Climate Controlled Industrial
For Sale
$9,125,000
16000 W Rogers Dr, New Berlin, WI 53151
CLIMATE CONTROLLED INDUSTRIAL FACILITY
Property Size107,435 SF
Lot Size6.93 Acres
Price / SF$84.94
Days on Market183
Property Features for 16000 W Rogers Dr
General Information
Standard status
Active
Property type
Manufacturing properties, Flex space, Warehouses, Industrial properties
Size
107,435 SF
Total Parking Spaces
130
Lot size
6.93 Acres
Building Details
Year Built
1988
Year Renovated
1999
Buildings
1
Listed By:
Brian Flood
(414) 530-5302
Added: May 6
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Investment Insights
Based on property information with market context.
This industrial facility, located in New Berlin, Wisconsin, offers 107435 square feet of space on a 6.925-acre lot. The building is fully air-conditioned and features recent upgrades, including two new heat exchange units and a seal-coated parking lot. Compressed air lines run throughout the facility, supported by a Gardner Denver Pilot TS air compressor. The flexible layout and power supply make it suitable for multi-tenant use. On-site amenities include a lunchroom, printer room, and locker rooms. The building is outfitted with humidity control and water purification systems. Furniture and racking are available.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$474,543
Cap Rate
5.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$9,490,860
$9.5M
Cap Rate 7%
$6,779,186
$6.8M
Cap Rate 9%
$5,272,700
$5.3M
Market Conditions
NOI Build-Up for 107,435 SF
Gross rent
$587.7K $5.47/SF
− Vacancy
−$29.4K −$0.27/SF
EGI
$558.3K $5.20/SF
− OpEx
−$83.7K −$0.78/SF
NOI
$474.5K $4.42/SF
Area
Waukesha County, WI
Vacancy
5.00%
Lease Rate
$5.47 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$9,490,860
Cap Rate 7%
$6,779,186
Cap Rate 9%
$5,272,700
Alternative Uses
Best Use
Flex RnD
$54.83M
$47.98M – $63.97M
NOI $3,838,217 @ 7.0% cap · market cap 42.06%
Second Best
Warehouse
$6.78M
$5.93M – $7.91M
NOI $474,543 @ 7.0% cap · market cap 5.20%
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
480
Businesses Nearby
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Manufacturing property - CLIMATE CONTROLLED INDUSTRIAL FACILITY
Where is this manufacturing property 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.
