Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Greenfield Shopping Center For Sale Title is generated by Realmo AI

    6201 South 27th Street, Greenfield, WI 53221

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    63,340 SF neighborhood shopping center in Greenfield, Wisconsin.

    Property size:
    63,340 SF
    Added:
    Jan 27, 2026
    Days on Market:
    115
    Last Refresh:
    Jan 5 at 9:13 pm

    Property Features for 6201 South 27th Street

    General Information

    Standard status
    Active
    Size
    63,340 SF

    We can help!

    Listing Contact
    Holly T. Olson
    Holly T. Olson

    Listing agent Holly T. Olson License #B.1000558

    Listing office The Olson Group

    Listing date Jan 27, 2026

    Source Nmrk

    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 The Olson Group

    HighLights

    • Located along the 27th Street retail corridor.
    • Convenient access to Interstate 94.
    • Exciting New Anchor Tenant.
    • Modern Upgrades and Renovations.
    • Diverse Tenant Mix with Enticing Rental Rates.
    • Strong Trade Area.

    Overview

    The property at 6201 - 6271 S 27th Street is a ±63,340 square foot neighborhood shopping center. It is comprised of two buildings in Greenfield, WI. The property is located along the 27th Street retail corridor with convenient access to Interstate 94. The corridor is anchored on the north by I-43/I-894 and by Rawson Avenue on the south. The shopping center features modern upgrades and renovations, a diverse tenant mix with enticing rental rates, and a new anchor tenant. The property is a shopping center and retail space.
    Location Intelligence

    Current Use by Public Records

    Shopping centers

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Riverwood plaza — 7017 s 27th st, franklin, wi 53132
    • Quick-Tag — Walmart Supercenter, 6701 S 27th St, Franklin, WI 53132
    • Coin Cloud Bitcoin ATM — 2012 w college ave, milwaukee, wi 53221
    • Coinstar Kiosk | Bitcoin ATM — Roundy's Inc, 6462 S 27th St, Oak Creek, WI 53154
    • Rummage — 3327 w iona terrace, milwaukee, wi 53221

    Location Insight

    • Map
    • Local Demand
    City
    Greenfield
    County
    Milwaukee
    State
    Wisconsin
    Longitude
    -87.9505034
    Latitude
    42.9315545

    Nearby Similar for Sale

    • $1,500,000
      5,000 SF

      Greenfield Medical/Wellness Office For Sale

      Excellent visibility, ideal for medical or wellness use.
      8081 W Layton Ave, Greenfield, WI
      View Details
    • $1,500
      1,100 SF

      Office Space Near Turf Skatepark

      Office space for lease near the Turf Skatepark.
      4230 W Loomis Road, GREENFIELD, WI, 53221
      View Details
    • Contact for pricing

      Retail/Warehouse Space on S 108th

      Open building for sales and storage on S 108th Street.
      4150 South 108th Street, Greenfield, WI 53228
      View Details
    • Contact for pricing
      10,300 SF

      Retail Property on Beloit Road

      Retail property with high visibility and multiple access points.
      3740 S. 108th St., Greenfield, WI 53228
      View Details
    • $1,750,000
      4,000 SF

      Greenfield Commercial Property For Sale

      Commercial property for sale in Greenfield, Wisconsin. 4,000 square feet.
      4737 S 108th St, Greenfield, WI 53228
      View Details
    • Contact for pricing
      113 SF

      Former Grocery Store Available

      113,747 SF building, formerly a Festival Foods store.
      4777 South 27th Street | Greenfield, WI 53221, WI 53221
      View Details
    • $199,000
      1,240 SF

      Greenfield Condo with Garage

      Move-in-ready condo featuring two bedrooms, garage, and basement.
      5029 W Colonial Ct, Greenfield, WI 53220
      View Details
    • $450
      400 SF

      Serviced Offices For Sale

      Vacant suites with included utilities and shared amenities available for purchase.
      10303 W Oklahoma Avenue, GREENFIELD, WI, 53227
      View Details
    • Contact for pricing
      113,747 SF

      Former Grocery Store Available

      Former Festival Foods location for lease or sale.
      4777 S 27th St, Greenfield, WI 53221
      View Details
    • Contact for pricing
      675 SF

      Greenfield Office Space For Lease

      Office suites available with freeway access and ample parking.
      4402-4406 S 68th St, Greenfield, WI
      View Details
    • $2,150,000
      21,584 SF

      Church/Special Purpose Property For Sale

      21,584 SF church/special purpose property building available.
      3131 S 100th St, Greenfield, WI 53227
      View Details
    • $1,495,000
      16,400 SF

      Highway 100 Showroom For Sale

      Highly visible showroom on Highway 100 available for purchase.
      4140 S 108th St, Greenfield, WI
      View Details

    FAQs

    What type of property is this?
    Shopping center - 63,340 SF neighborhood shopping center in Greenfield, Wisconsin.
    Where is this shopping center located?
    The property is located at 6201 South 27th Street Greenfield, WI.
    What are key features of this property?
    This property features: Located along the 27th Street retail corridor.; Convenient access to Interstate 94.; Exciting New Anchor Tenant.
    (414) 347-9400
    We can help!
    Listing Contact
    Holly T. Olson
    Holly T. Olson
    Real Estate License ID: B.1000558
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    6201 South 27th Street, Greenfield, WI 53221
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!