Stand Alone Office
328 N 76th St, Milwaukee, WI
Call to check price and availability
Stand alone office building with garage and corner visibility.
Type:OFFICE
Property size:
2,400 SFLot size:
0.11 AcresPrice / SF:
$182/SF- Added:
- Oct 20, 2025
- Days on Market:
- 220
- Last Refresh:
- May 20 at 9:50 pm
Property Features for 328 N 76th St
General Information
- Standard status
- Active
- Size
- 2,400 SF
- Lot size
- 0.11 Acres
- Property subtype
- OFFICE
Properties For Sale
at 328 N 76th St Contact us
Listing agent Mackenzie Wamser License #9034194
Listing office Anderson Commercial Group, LLC (414) 425-2700
Listing date Oct 20, 2025
Source Moodyscre
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 Anderson Commercial Group, LLC
HighLights
- Stand‑alone building.
- High corner visibility with significant daily traffic count (Bluemound Rd & N 76th St).
- +/- 1,000 sf garage for inside parking and storage.
- Close proximity to public transit.
- Single‑tenant occupancy.
- Established location with 51 years of business history.
Overview
This is a single, stand alone building with approximately 2,400 square feet of space. The property includes an approximately 1,000 square foot garage suitable for inside parking and storage. The location offers corner visibility with traffic counts of approximately 12,600 vehicles per day via Bluemound Road and approximately 7,100 vehicles per day via North 76th Street. The property is close to a public transit line. The previous owner operated an insurance company at this location for 51 years.
Financial Insights
Value Estimation Calculated for Office B
Conservative
$304.9K
NOI $27,443 @ 9.00% cap · cautious / downside scenario
Moderate
$392.0K
NOI $27,443 @ 7.00% cap · market / base-case scenario
Aggressive
$548.9K
NOI $27,443 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
Calculated for Office B
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $47.5k | $19.80 |
| − Vacancy | −$10.9k | −$4.55 |
| EGI | $36.6k | $15.25 |
| − OpEx | −$9.1k | −$3.81 |
| NOI | $27.4k | $11.43 |
2,400 SF · lease $19.80/SF/yr · vacancy 23.00% · expense 25.00%
Alternative Use Scenarios
Best Use
Office B
$392.0K
$343.0K – $457.4K
NOI $27,443 @ 7.0% cap · market cap 6.25%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$576.7K
$504.7K – $672.9K
NOI $40,372 @ 7.0% cap · market cap 9.20%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Office buildings
Location Insight
- Map
- Local Demand
- City
- Milwaukee
- County
- Milwaukee
- State
- Wisconsin
- Longitude
- -88.0069
- Latitude
- 43.0347
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - Stand alone office building with garage and corner visibility.
Where is this office building located?
The property is located at 328 N 76th St Milwaukee, WI.
What is the asking price?
The asking price for this property is $439,000.
What are key features of this property?
This property features: Stand‑alone building.; High corner visibility with significant daily traffic count (Bluemound Rd & N 76th St).; +/- 1,000 sf garage for inside parking and storage.
