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Office Building with B-4 Zoning

4550 W Bradley Rd, Brown Deer, WI 53223

For Sale
$450,000

The building offers 2,496 square feet of space for office or other commercial occupancy, subject to applicable approvals.

Property Size2,496 SF
Price / SF$180.29
Days on Market66

Property Features for 4550 W Bradley Rd

General Information

Standard status Active
Size 2,496 SF
Total Parking Spaces 16
Property subtype Commercial
Zoning B-4

Taxes and HOA fees

Annual Taxes $6,739

Building Details

Building Size 2,496 SF
Year Built 1980
Listing Agency: Gardner & Associates Real Estate and Investment Firm
Listed By: Charese Gardner
Source: Birchwoodpropertiesllc
Added: Sep 5 Changed: Nov 7 Last Checked: Nov 8 at 3:17PM

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 Gardner & Associates Real Estate and Investment Firm

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Investment Insights

Based on property information with market context.

Located at 4550 W Bradley Road in Brown Deer, this office building contains 2,496 square feet and was built in 1980. Its B-4 zoning provides a basis for evaluating potential occupancy, subject to buyer verification of zoning, licensing, occupancy, and municipal approvals.

Key Highlights

  • 2,496‑square‑foot office building
  • Built in 1980
  • Zoned B‑4

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$34,131
Cap Rate
7.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$682,620 $682.6K
Cap Rate 7%
$487,586 $487.6K
Cap Rate 9%
$379,233 $379.2K
Market Conditions
NOI Build-Up for 2,496 SF
Gross rent
$62.0K $24.84/SF
− Vacancy
−$16.5K −$6.61/SF
EGI
$45.5K $18.23/SF
− OpEx
−$11.4K −$4.56/SF
NOI
$34.1K $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%
$682,620
Cap Rate 7%
$487,586
Cap Rate 9%
$379,233

Alternative Uses

Best Use
Office B
$487.6K
$426.6K – $568.9K (±1% cap)
NOI $34,131 @ 7.0% cap · market cap 7.58%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$591.9K
$517.9K – $690.5K (±1% cap)
NOI $41,432 @ 7.0% cap · market cap 9.21%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Electrical Service Bakery (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

228
Businesses Nearby

Demographics for 53223, WI

28,884
Population
13,436
Households
2.1
Avg Household Size
39
Median Age
29%
College-Educated
90%
High-School Grad
9.9 sq mi
ZIP Area
2,918
Density / Sq Mi
$60,477
Median Household Income
$44,625
Median Earnings
$1,071
Median Rent
$184,300
Median Home Value

Market

Average Price Trend$/SF for Office buildings in Milwaukee County, WI

$77.67 Jul
$88.91 Aug
$94.7 Sep
$98.43 Oct

Properties on Market for Office buildings in Milwaukee County

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Office building - The building offers 2,496 square feet of space for office or other commercial occupancy, subject to applicable approvals.
Where is this office building located?
The property is located at 4550 W Bradley Rd Brown Deer, WI.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 2,496‑square‑foot office building; Built in 1980; Zoned B‑4
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Includes: Price & PSF · Cap rate · Location · Zoning

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