Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    5445 Westridge Dr New Berlin, WI 53151

    For Sale
    $3,950,000

    60,000 SF Office, Vacant, $3.95M

    Property size:
    60,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 60,000-square-foot office building in New Berlin, Wisconsin, presents a unique investment opportunity. Built in 1997 and extensively renovated in 2009, this Class B property boasts a desirable location at 5445 S Westridge Dr, 53151, situated on an 8.52-acre lot. Currently vacant, the building offers a flexible layout ideal for a single large tenant. Features include a mix of open workspaces, private offices, and collaborative areas, all enjoying scenic views of a nearby nature preserve. The property benefits from an above-average parking ratio of 4.58 spaces per 1,000 square feet. Three operable drive-in doors on the west side of the building add to its versatility. The building's functionality extends beyond traditional office use, with M-1 (Light Industrial) zoning permitting potential conversion. Recent improvements include a roof replacement in 2020. The two-story building is well-maintained and offers excellent access to I-43 via Moorland Road. The asking price is $3,950,000, translating to $65.83 per square foot. This represents a compelling opportunity for owner-users seeking a substantial and well-appointed space in a prime location.

    Property Features for 5445 Westridge Dr

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    60,000 SF
    Class
    B
    Lot Size
    371,131 SF

    Building Details

    Year Built/Renovated
    1997/2009
    Buildings
    1
    Stories
    2

    HighLights

    • $3,950,000 asking price for this 60,000 square foot office building.
    • Class B, 2‑story building on an 8.52‑acre lot in New Berlin, WI.
    • Vacant, offering owner/user opportunity; built in 1997, renovated in 2009.
    • Features ample parking (4.58/1000 SF), three drive‑in doors, and scenic nature views.
    • M‑1 zoning permits light industrial conversion; excellent I‑43 access via Moorland Road; roof replaced in 2020.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Auto Repair Shop Hair Salon Wholesale Shop Clothing Store Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    New Berlin
    County
    Waukesha
    State
    Wisconsin
    Longitude
    -88.115460276164
    Latitude
    42.945573839188

    Nearby Similar for Sale

    • $325,000
      1,590 SF

      Updated Condo with Loft

      Well-maintained 2-bedroom condo with loft, garage, and updated features.
      4745 S Hunter Ln, New Berlin, WI 53151
      View Details
    • $1,275,000
      15,536 SF

      Industrial Building with Highway Access

      Move-in ready industrial building with office and warehouse space.
      16555 W Cleveland Ave, New Berlin, WI 53151
      View Details
    • $895,000
      7,769 SF

      Medical Office Building For Sale

      Medical office building with on-site parking and signage opportunity.
      16505 W National Ave, New Berlin, WI 53151
      View Details
    • $2,300,000
      12,890 SF

      Fully Occupied Retail Investment Property

      Stable cash flow with annual rental increases in New Berlin.
      3830 S Moorland Rd, New Berlin, WI 53151
      View Details
    • Contact for pricing
      17,533 SF

      Industrial Property on Moorland Road

      Industrial property in New Berlin with high visibility.
      2501 S Moorland Rd, New Berlin, WI 53151
      View Details
    • $3,489,990
      49,857 SF

      Industrial Warehouse in New Berlin

      49,857 SF industrial warehouse property for sale.
      16167 W Rogers Dr, New Berlin, WI 53151
      View Details

    FAQs

    What type of property is this?
    Office Property / Space - 60,000 SF Office, Vacant, $3.95M
    Where is this office property / space located?
    The property is located at 5445 Westridge Dr New Berlin, WI.
    What is the asking price?
    The asking price for this property is $3,950,000.
    What are key features of this property?
    This property features: $3,950,000 asking price for this 60,000 square foot office building.; Class B, 2-story building on an 8.52-acre lot in New Berlin, WI.; Vacant, offering owner/user opportunity; built in 1997, renovated in 2009.
    Request Owner's contact information
    5445 Westridge Dr New Berlin, WI 53151
    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.
    5445 Westridge Dr
    New Berlin, WI 53151
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    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.

    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.

    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
    5445 Westridge Dr New Berlin, WI 53151
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.