Office Building with
New
For Sale
$399,900
328 N 76th St Unit 332, Milwaukee, WI 53213
Reception space, private offices, and an auxiliary garage support a range of professional business operations.
Property Size2,400 SF
Price / SF$166.63
Days on Market2
Property Features for 328 N 76th St Unit 332
General Information
Standard status
Active
Size
2,400 SF
Amenities
garage area
signage opportunities
Building Details
Year Built
1974
Buildings
1
Building Size
2,400 SF
Listing Agency:
Anderson Commercial Group, LLC
Listed By:
Kristen Parks · License #9034194
(414) 858-5226
Source:
Jwregwi
Added: Oct 5
Changed: Oct 6
Last Checked: Oct 6 at 2:43AM
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
Investment Insights
Based on property information with market context.
The 2,400-square-foot office building, constructed in 1974, contains a reception and waiting area, three private offices, three bathrooms, and storage. An additional garage area provides covered parking or extra storage. Prominent signage opportunities are also available.
The property occupies the corner of Bluemound Road and N 76th Street in Milwaukee, with access for clients and staff. The building previously served an insurance agency for more than 50 years.
The property occupies the corner of Bluemound Road and N 76th Street in Milwaukee, with access for clients and staff. The building previously served an insurance agency for more than 50 years.
Key Highlights
- 2,400 SF office building constructed in 1974
- Three private offices, three bathrooms, and a reception and waiting area
- Additional garage area for covered parking or storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,443
Cap Rate
6.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$548,860
$548.9K
Cap Rate 7%
$392,043
$392.0K
Cap Rate 9%
$304,922
$304.9K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$47.5K $19.80/SF
− Vacancy
−$10.9K −$4.55/SF
EGI
$36.6K $15.25/SF
− OpEx
−$9.1K −$3.81/SF
NOI
$27.4K $11.43/SF
Area
Milwaukee, WI
Vacancy
23.00%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$548,860
Cap Rate 7%
$392,043
Cap Rate 9%
$304,922
Alternative Uses
Best Use
Office B
$392.0K
$343.0K – $457.4K
NOI $27,443 @ 7.0% cap · market cap 6.86%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$576.7K
$504.7K – $672.9K
NOI $40,372 @ 7.0% cap · market cap 10.10%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
466
Businesses Nearby
Explore this area
Business Placement
Demographics for 53213, WI
26,469
Population
12,591
Households
2.1
Avg Household Size
37
Median Age
63%
College-Educated
98%
High-School Grad
3.9 sq mi
ZIP Area
6,787
Density / Sq Mi
$94,144
Median Household Income
$59,472
Median Earnings
$1,228
Median Rent
$311,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Milwaukee, WI
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - Reception space, private offices, and an auxiliary garage support a range of professional business operations.
Where is this office building located?
The property is located at 328 N 76th St Unit 332 Milwaukee, WI.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: 2,400 SF office building constructed in 1974; Three private offices, three bathrooms, and a reception and waiting area; Additional garage area for covered parking or storage
