Customizable Warehouse Space For
For Sale
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8949 N Deerbrook Trail Unit 102, Brown Deer, WI 53223
Unique, customizable warehouse space with modern amenities and 24/7 access.
Property Size1,516 SF
Price / SF$199
Days on Market1397
Property Features for 8949 N Deerbrook Trail Unit 102
General Information
Standard status
Active
Size
1,516 SF
Property subtype
Industrial
Zoning
Light Industrial
Lease Type
NNN
Investment Type
Net Lease
Building Details
Year Built
2023
Buildings
1
Listing Agency:
Personal Warehouse & Red Commercial
Listed By:
Steve Garrison · License #CO
Source:
Crexi
Added: Dec 17, 2022
Changed: Oct 1
Last Checked: Oct 12 at 8:06PM
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 Personal Warehouse & Red Commercial
Investment Insights
Based on property information with market context.
This 1516 square foot warehouse space offers customizable interiors suitable for business, storage, or recreational purposes. The property features standard amenities including HVAC, power, and security. It has been fully remodeled and updated, featuring a new insulated roof, new roof-top HVAC units, new asphalt and concrete drives, and LED lighting. Custom restrooms include shower rough-ins, and wet bars are also present. The space offers private man door access with insulated overhead doors and is fully climate controlled. The property provides gated 24/7 access. This space is designed to accommodate a variety of uses, limited only by the owner's imagination.
Key Highlights
- Customizable interiors suitable for business, storage, or recreational use.
- 24/7 gated access and comprehensive security.
- Fully remodeled and updated with new insulated roof, HVAC units, asphalt & concrete drives, and LED lighting.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,335
Cap Rate
4.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$266,700
$266.7K
Cap Rate 7%
$190,500
$190.5K
Cap Rate 9%
$148,167
$148.2K
Market Conditions
NOI Build-Up for 1,516 SF
Gross rent
$22.0K $14.52/SF
− Vacancy
−$1.5K −$0.99/SF
EGI
$20.5K $13.53/SF
− OpEx
−$7.2K −$4.74/SF
NOI
$13.3K $8.80/SF
Area
Milwaukee County, WI
Vacancy
6.80%
Lease Rate
$14.52 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$266,700
Cap Rate 7%
$190,500
Cap Rate 9%
$148,167
Alternative Uses
Best Use
Flex RnD
$190.5K
$166.7K – $222.3K
NOI $13,335 @ 7.0% cap · market cap 4.42%
Second Best
Warehouse
$95.7K
$83.7K – $111.6K
NOI $6,696 @ 7.0% cap · market cap 2.22%
Theoretical Best
Office A
$359.5K
$314.6K – $419.4K
NOI $25,165 @ 7.0% cap · market cap 8.34%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
578
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Midwest region
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Similar Off Market Nearby
- Two Men and a Truck — Dispatch location only, Brown Deer, WI 53223
- Public Storage — 9199 N Green Bay Rd, Brown Deer, WI 53209
Frequently Asked Questions
What type of property is this?
Warehouse - Unique, customizable warehouse space with modern amenities and 24/7 access.
Where is this warehouse located?
The property is located at 8949 N Deerbrook Trail Unit 102 Brown Deer, WI.
What is the asking price?
The asking price for this property is $301,684.
What are key features of this property?
This property features: Customizable interiors suitable for business, storage, or recreational use.; 24/7 gated access and comprehensive security.; Fully remodeled and updated with **new insulated roof, HVAC units, asphalt & concrete drives, and LED lighting.**
