Standalone Retail-Office
For Sale
$1,200,000
4121 N Wilson Dr, Shorewood, WI 53211
Standalone building configured for retail and office use, with a newer ADA wheelchair lift and Oak Leaf Trail access.
Property Size4,404 SF
Price / SF$272.48
Days on Market98
Property Features for 4121 N Wilson Dr
General Information
Standard status
Active
Size
4,404 SF
Amenities
ADA wheelchair lift
Oak Leaf trail access
Building Details
Year Built
1940
Listing Agency:
Inland Real Estate Partners, LLC
Listed By:
Russell Sagmoen
(414) 278-6810
Source:
Jwregwi
Added: Jul 25
Changed: Oct 25
Last Checked: Oct 7 at 4:20PM
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 Inland Real Estate Partners, LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This standalone retail/office building is positioned for an owner-user who wants a single property that can serve both storefront and workplace needs. The property includes a newer ADA wheelchair lift to support accessibility.
Convenient Oak Leaf Trail access is noted in the public remarks, adding practicality for visitors and daily use.
The offering is for sale.
Convenient Oak Leaf Trail access is noted in the public remarks, adding practicality for visitors and daily use.
The offering is for sale.
Key Highlights
- Standalone retail/office building configured for both retail and office use
- Newer ADA wheelchair lift in place
- Convenient Oak Leaf Trail access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$60,222
Cap Rate
5.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,204,440
$1.2M
Cap Rate 7%
$860,314
$860.3K
Cap Rate 9%
$669,133
$669.1K
Market Conditions
NOI Build-Up for 4,404 SF
Gross rent
$109.4K $24.84/SF
− Vacancy
−$29.1K −$6.61/SF
EGI
$80.3K $18.23/SF
− OpEx
−$20.1K −$4.56/SF
NOI
$60.2K $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%
$1,204,440
Cap Rate 7%
$860,314
Cap Rate 9%
$669,133
Alternative Uses
Best Use
Office B
$860.3K
$752.8K – $1.00M
NOI $60,222 @ 7.0% cap · market cap 5.02%
Second Best
Retail
$636.8K
$557.2K – $743.0K
NOI $44,577 @ 7.0% cap · market cap 3.71%
Theoretical Best
Office A
$1.04M
$913.8K – $1.22M
NOI $73,104 @ 7.0% cap · market cap 6.09%
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
1,138
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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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Retail space - Standalone building configured for retail and office use, with a newer ADA wheelchair lift and Oak Leaf Trail access.
Where is this retail space located?
The property is located at 4121 N Wilson Dr Shorewood, WI.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Standalone retail/office building configured for both retail and office use; Newer ADA wheelchair lift in place; Convenient Oak Leaf Trail access
