Office Units with Built-In
For Sale
Contact for pricing
4050 N Oakland Ave, Shorewood, WI 53211
Two office units remain, including a multi-room configuration and a smaller suite with dedicated storage.
Property Size475 SF
Price / SF$1.37
Days on Market74
Property Features for 4050 N Oakland Ave
General Information
Standard status
Active
Size
475 SF
Building Details
Year Built
1938
Listing Agency:
Homestead Realty, Inc
Listed By:
Quang Phan · License #87184-94
(815) 975-8237
Source:
Jwregwi
Added: Aug 4
Changed: Oct 8
Last Checked: Oct 15 at 4:15AM
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 Homestead Realty, Inc
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Investment Insights
Based on property information with market context.
Two office units are available within a commercial building constructed in 1938. One offering is estimated at 475 sqft and combines three offices, providing a multi-room layout for a small professional operation. The other measures roughly 150 sqft and includes a built-in bookshelf and closet. Together, the available configurations provide distinct options for office users seeking either multiple enclosed rooms or a compact workspace with integrated storage.
The property is located at 4050 N Oakland Ave in Shorewood, Wisconsin, with the 53211 ZIP code identifying the surrounding market. Both offerings are presented as office units within the existing commercial building.
The property is located at 4050 N Oakland Ave in Shorewood, Wisconsin, with the 53211 ZIP code identifying the surrounding market. Both offerings are presented as office units within the existing commercial building.
Key Highlights
- 475 sqft office configuration with 3 combined offices
- Roughly 150 sqft office with built‑in bookshelf and closet
- Two office units currently available
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$6,495
Suggested Prices Based on Cap Rates
Cap Rate 5%
$129,900
$129.9K
Cap Rate 7%
$92,786
$92.8K
Cap Rate 9%
$72,167
$72.2K
Market Conditions
NOI Build-Up for 475 SF
Gross rent
$11.8K $24.84/SF
− Vacancy
−$3.1K −$6.61/SF
EGI
$8.7K $18.23/SF
− OpEx
−$2.2K −$4.56/SF
NOI
$6.5K $13.67/SF
Area
Milwaukee County, WI
Vacancy
26.60%
Lease Rate
$24.84 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$129,900
Cap Rate 7%
$92,786
Cap Rate 9%
$72,167
Alternative Uses
Best Use
Office B
$92.8K
$81.2K – $108.3K
NOI $6,495 @ 7.0% cap · market cap 999.23%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$112.6K
$98.6K – $131.4K
NOI $7,885 @ 7.0% cap · market cap 1,213.08%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
985
Businesses Nearby
Explore this area
Business Placement
Demographics for 53211, WI
36,327
Population
16,346
Households
2.2
Avg Household Size
29
Median Age
74%
College-Educated
98%
High-School Grad
4.0 sq mi
ZIP Area
9,082
Density / Sq Mi
$76,206
Median Household Income
$40,214
Median Earnings
$1,225
Median Rent
$413,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office units - Two office units remain, including a multi-room configuration and a smaller suite with dedicated storage.
Where is this office units located?
The property is located at 4050 N Oakland Ave Shorewood, WI.
What are key features of this property?
This property features: 475 sqft office configuration with 3 combined offices; Roughly 150 sqft office with built‑in bookshelf and closet; Two office units currently available
