Single-Tenant Industrial
For Sale
Contact for pricing
3100 S 166th St, New Berlin, WI 53151
Single-tenant industrial building available for sale in New Berlin, WI.
Property Size23,465 SF
Price / SF$106.54
Days on Market250
Property Features for 3100 S 166th St
General Information
Standard status
Active
Size
23,465 SF
Property subtype
Industrial
Zoning
M1 - Light Manufacturing
Building Details
Year Built
1986
Tenancy
Single
Listing Agency:
Colliers - Milwaukee, Wisconsin
Listed By:
Joe Langhoff · License #WI 92713-94
(414) 276-9500
Source:
Crexi
Added: Feb 12
Changed: Oct 9
Last Checked: Oct 19 at 7:12AM
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 Colliers - Milwaukee, Wisconsin
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Investment Insights
Based on property information with market context.
This for-sale industrial property is a single-tenant building configured for one occupant. The offering is presented as a dedicated industrial use asset, sized at 23,465 square feet.
The property is located at 3100 S 166th St in New Berlin, Wisconsin.
The property is located at 3100 S 166th St in New Berlin, Wisconsin.
Key Highlights
- Single‑tenant industrial building for sale
- Built in 1986
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$103,645
Cap Rate
4.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,072,900
$2.1M
Cap Rate 7%
$1,480,643
$1.5M
Cap Rate 9%
$1,151,611
$1.2M
Market Conditions
NOI Build-Up for 23,465 SF
Gross rent
$128.4K $5.47/SF
− Vacancy
−$6.4K −$0.27/SF
EGI
$121.9K $5.20/SF
− OpEx
−$18.3K −$0.78/SF
NOI
$103.6K $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%
$2,072,900
Cap Rate 7%
$1,480,643
Cap Rate 9%
$1,151,611
Alternative Uses
Best Use
Warehouse
$1.48M
$1.30M – $1.73M
NOI $103,645 @ 7.0% cap · market cap 4.15%
Second Best
—
—
no second resolved use
Theoretical Best
Flex RnD
$11.98M
$10.48M – $13.97M
NOI $838,309 @ 7.0% cap · market cap 33.53%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
379
Businesses Nearby
Well-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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Midwest region
Similar Off Market Nearby
- UNITS Moving and Portable Storage Milwaukee — 2900 S 163rd St, New Berlin, WI 53151
- StorageMart — 16500 W Glendale Dr, New Berlin, WI 53151
- Self Storage On Wheels — 2601 s moorland rd suite #201, new berlin, wi 53151
- StorageMart — 2601 S Moorland Rd, New Berlin, WI 53151
Frequently Asked Questions
What type of property is this?
Warehouse - Single-tenant industrial building available for sale in New Berlin, WI.
Where is this warehouse located?
The property is located at 3100 S 166th St New Berlin, WI.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Single‑tenant industrial building for sale; Built in 1986
