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    16460 Bluemound Rd Brookfield, WI 53005

    Sponsored
    For Sale
    $4,500,000

    4.27-acre commercial land, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 4.27-acre commercial development site is ideally situated at 16460 W Bluemound Road in Brookfield, Wisconsin, offering unparalleled access and visibility. Zoned O & LB (Office and Limited Business), this property presents a unique opportunity within Waukesha County's thriving commercial landscape. Boasting convenient access from Bluemound Road, with right-in, right-out, and left-turn capabilities, this site benefits from exceptional traffic counts: 37,100 vehicles per day on Bluemound Road and 32,100 vehicles per day on Moorland Road. Its location within Wisconsin's largest retail corridor, featuring over 1.45 million square feet of office space and 2.6 million square feet of retail space, ensures high visibility and strong potential for a variety of commercial developments. The property's proximity to the I-94 & Moorland Road interchange further enhances its accessibility and desirability. Utilities are on-site, simplifying development plans. The parcel number is BR C 1115-992 (portion). This is one of the last remaining vacant land redevelopment opportunities along this highly sought-after corridor, making it a truly exceptional investment prospect. Future land use is designated as higher-density mixed-use, allowing for diverse development possibilities. The asking price for this prime development site is $4,500,000.

    Property Features for 16460 Bluemound Rd

    General Information

    Property type
    Land
    Lot Size
    186,001 SF

    HighLights

    • Rare vacant 4.27‑acre development site on Bluemound Road.
    • Excellent ingress/egress with right‑in/right‑out/left‑turn access from Bluemound Road.
    • Prime location within Wisconsin's largest retail corridor (1.45M SF office, 2.6M SF retail).
    • Close proximity to I‑94 & Moorland Road interchange.
    • Located in Brookfield, Waukesha County, Wisconsin.
    • High traffic counts: 37,100 VPD on Bluemound Road, 32,100 VPD on Moorland Road.
    Property Profile Location Intelligence

    Current Use by Public Records

    The Original Pancake House Breakfast Restaurant Design Center By ... Furniture Wholesaler

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Brookfield
    County
    Waukesha
    State
    Wisconsin
    Longitude
    -88.1173537
    Latitude
    43.0370303

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    FAQs

    What type of property is this?
    Land - 4.27-acre commercial land, prime location.
    Where is this land located?
    The property is located at 16460 Bluemound Rd Brookfield, WI.
    What is the asking price?
    The asking price for this property is $4,500,000.
    What are key features of this property?
    This property features: Rare vacant 4.27-acre development site on Bluemound Road.; Excellent ingress/egress with right-in/right-out/left-turn access from Bluemound Road.; Prime location within Wisconsin's largest retail corridor (1.45M SF office, 2.6M SF retail).
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    16460 Bluemound Rd Brookfield, WI 53005
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    Brookfield, WI 53005
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    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
    16460 Bluemound Rd Brookfield, WI 53005
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