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    8949 Deerbrook Trl Brown Deer, WI 53223

    Sponsored
    For Sale
    $274,155

    1,470 SF Industrial Space, $274,155

    Property size:
    1,470 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    403
    This 1,470-square-foot flex/warehouse unit in Brown Deer, Wisconsin, presents a unique investment opportunity. Located at 8949 N Deerbrook Trail, Unit 110, this vacant property boasts a light industrial zoning designation and is priced at $274,155 ($186.50/sq ft). The unit features a 12' to 13' ceiling height, making it ideal for various uses. Recent upgrades include a new roof with improved insulation, new rooftop HVAC units (RTUs), new asphalt and concrete drives, and LED lighting. The space is fully climate-controlled, with all utilities billed through common area maintenance (CAM) fees. Additional amenities include gated 24/7 access, custom restrooms with shower rough-ins, wet bars, and private man door access with insulated 10' x 8.5' overhead doors. The property is fully remodeled and updated, offering a turnkey solution for business, storage, or personal use. The Milwaukee County location and convenient access make this a highly desirable property. This NNN lease type property is ready for immediate occupancy.

    Property Features for 8949 Deerbrook Trl

    General Information

    Property type
    Distribution properties
    Square Feet
    1,470 SF

    We can help!

    Listing Contact
    Steve Garrison
    Steve Garrison

    Learn more

    Property Insight Report
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Brown Deer
    County
    Milwaukee
    State
    Wisconsin
    Longitude
    -87.9674097
    Latitude
    43.1805495

    Nearby Comparable

    • $509,535
      2,613 SF

      North Shore Flex Warehouse

      2,613 SF Industrial Space, $195/SF
      8949 Deerbrook Trl, Brown Deer, WI 53223
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    • $291,072
      1,516 SF

      North Shore Flex Warehouse

      1,516 SF Flex Space, $192/SF
      8949 Deerbrook Trl, Brown Deer, WI 53223
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    • $402,432
      2,096 SF

      North Shore Flex Warehouse

      2,096 SF Industrial Space, $192/SF
      8949 Deerbrook Trl, Brown Deer, WI 53223
      View Details
    • $274,155
      1,470 SF

      Brown Deer Warehouse Investment

      High-Cap Rate Warehouse, NNN Lease
      8949 Deerbrook Trl, Brown Deer, WI 53223
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    • $274,155
      1,470 SF

      Brown Deer Flex Warehouse For Sale

      1,470 SF Flex Space, Updated, $274,155
      8949 Deerbrook Trl, Brown Deer, WI 53223
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    • $402,432
      2,096 SF

      Brown Deer Flex Warehouse For Sale

      2,096 SF Flex/Warehouse, Updated, $192/SF
      8949 Deerbrook Trl, Brown Deer, WI 53223
      View Details
    • $571,155
      2,929 SF

      Brown Deer Flex Warehouse For Sale

      2,929 SF Flex Space, Updated, $195/SF
      8949 Deerbrook Trl, Brown Deer, WI 53223
      View Details
    • $1,750,000
      32,468 SF

      Brown Deer Industrial Property

      Versatile 32,468 SF building, ideal for owner-occupancy or investment.
      9000 Deerbrook Trl, Brown Deer, WI 53223
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    • $1,200,000
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      Deerbrook Trail Flex Space Investment

      Milwaukee Industrial Flex Property: 7 Units, 31,329 SF
      9050 Deerbrook Trl, Milwaukee, WI 53223
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    • $1,200,000
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      Brown Deer Business Park: Building 4

      Milwaukee industrial space for sale. Flexible zoning, great access.
      9050-9088 Deerbrook Trl, Milwaukee, WI 53223
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    • $1,600,000
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      Brown Deer Multi-Use Business Park

      Versatile Industrial & Office Space For Sale
      9011-9045 Deerwood Dr, Brown Deer, WI 53223
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    • $1,100,000
      1.00 Acre

      Brown Deer Road Commercial Land

      Prime 1-acre retail lot, Q1 2025 delivery.
      4300 Brown Deer Rd, Brown Deer, WI 53223
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    Nearby Similar for Sale

    • $274,155
      1,470 SF

      Brown Deer Flex Warehouse For Sale

      1,470 SF Flex Space, Updated, $274,155
      8949 Deerbrook Trl, Brown Deer, WI 53223
      View Details
    • $402,432
      2,096 SF

      North Shore Flex Warehouse

      2,096 SF Industrial Space, $192/SF
      8949 Deerbrook Trl, Brown Deer, WI 53223
      View Details
    • $291,072
      1,516 SF

      North Shore Flex Warehouse

      1,516 SF Flex Space, $192/SF
      8949 Deerbrook Trl, Brown Deer, WI 53223
      View Details
    • $1,600,000
      6,152 SF

      Brown Deer Multi-Use Business Park

      Versatile Industrial & Office Space For Sale
      9011-9045 Deerwood Dr, Brown Deer, WI 53223
      View Details
    • $509,535
      2,613 SF

      North Shore Flex Warehouse

      2,613 SF Industrial Space, $195/SF
      8949 Deerbrook Trl, Brown Deer, WI 53223
      View Details
    • $571,155
      2,929 SF

      Brown Deer Flex Warehouse For Sale

      2,929 SF Flex Space, Updated, $195/SF
      8949 Deerbrook Trl, Brown Deer, WI 53223
      View Details
    • $1,025,000
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      Warehouse for Sale: Brown Deer, WI

      12,768 SF Warehouse - $1,025,000
      5221 Beaver Creek Pkwy, Brown Deer, WI 53223
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    • $274,155
      1,470 SF

      Brown Deer Warehouse Investment

      High-Cap Rate Warehouse, NNN Lease
      8949 Deerbrook Trl, Brown Deer, WI 53223
      View Details
    • $1,750,000
      32,468 SF

      Brown Deer Industrial Property

      Versatile 32,468 SF building, ideal for owner-occupancy or investment.
      9000 Deerbrook Trl, Brown Deer, WI 53223
      View Details
    • $402,432
      2,096 SF

      Brown Deer Flex Warehouse For Sale

      2,096 SF Flex/Warehouse, Updated, $192/SF
      8949 Deerbrook Trl, Brown Deer, WI 53223
      View Details

    FAQs

    What type of property is this?
    Distribution property - 1,470 SF Industrial Space, $274,155
    Where is this distribution property located?
    The property is located at 8949 Deerbrook Trl Brown Deer, WI.
    What is the asking price?
    The asking price for this property is $274,155.
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    8949 Deerbrook Trl Brown Deer, WI 53223
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    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
    8949 Deerbrook Trl Brown Deer, WI 53223
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    We can help!
    Listing Contact
    Steve Garrison
    Steve Garrison
    Real Estate License ID: CO
    Learn more
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