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    One-Story Multi-Tenant Office Building Title is generated by Realmo AI

    9306 N 107th St, Milwaukee, WI 53224

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    New
    For Sale
    $499,900

    Office(s) - Milwaukee, WI

    Property size:
    9,688 SF
    Lot size:
    0.82 Acres
    Price / SF:
    $51/SF
    Added:
    Jun 5, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 6 at 3:06 am

    Property Features for 9306 N 107th St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    IO1
    Interior features
    Carpeting, Display Window, Furniture, Office(s), Rest Rooms
    Standard status
    Active
    APN
    0030152000
    Size
    9,688 SF
    Lot size
    0.82 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    8016.07

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1982
    Floors in Building
    1
    Building materials
    Brick
    Roof type
    Rubber
    Architectural style
    Other

    We can help!

    Listing Contact
    Sonya Mays
    Sonya Mays

    Listing agent Sonya Mays License #56555-90

    Listing office Midwest Executive Realty 11414 W Park Pl, Suite 202, Milwaukee, WI 53224, Brown Deer, WI

    Listing date Jun 5, 2026

    MLS# 1966034 Listing URL

    Copyright © 2026 Metro MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 1‑story, multi‑tenant office building built in 1982 with brick construction
    • Tenant‑occupied property with extra spaces available for a new owner to occupy or rent
    • Climate control includes central air; heating is forced air with natural gas
    • Roof is rubber; includes shared kitchenette, meeting room space, and conference room
    • Offers small and large private offices plus office/flex space options
    • Ample parking and direct access to Hwy 45 & Hwy 145 near Brown Deer Rd and Mequon

    Overview

    This one-story, multi-tenant office building is designed for flexible occupancy with a mix of small and large private offices, meeting room space, and a conference room. The property includes a shared kitchenette and landscaped grounds with outdoor scenic views. There are multiple ways to use the space, including multi-tenant operation or single-tenant office and flex use, with the ability to offer white box or buildout options.

    Located on Milwaukee’s northwest side, the property sits close to Brown Deer Rd and Mequon. It provides direct access to Hwy 45 and Hwy 145, supporting convenient arrival for tenants, clients, and visitors. The building is situated within the Granville Business Center and is described as having no basement.

    For an owner-operator, the layout allows you to occupy additional space while benefiting from existing tenant occupancy. For investors or buyers seeking a workspace acquisition, the building’s multi-tenant configuration and available extra spaces offer a practical path to either continue current uses or re-tenant portions of the office inventory. With ample parking, shared amenity spaces, and straightforward office/flex options, it is positioned to serve a range of professional and administrative needs.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Restaurant Law Firm Spa & Massage Center Building Supply Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon Pharmacy Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Milwaukee
    County
    Milwaukee
    State
    Wisconsin
    Longitude
    -88.043334
    Latitude
    43.18707

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    FAQs

    What type of property is this?
    Office building - One-story office building with multiple private offices, meeting/conference space, and ample parking on landscaped grounds.
    Where is this office building located?
    The property is located at 9306 N 107th St Milwaukee, WI.
    What is the asking price?
    The asking price for this property is $499,900.
    What are key features of this property?
    This property features: 1‑story, multi‑tenant office building built in 1982 with brick construction; Tenant‑occupied property with extra spaces available for a new owner to occupy or rent; Climate control includes central air; heating is forced air with natural gas
    (414) 395-8771
    We can help!
    Listing Contact
    Sonya Mays
    Sonya Mays
    Real Estate License ID: 56555-90
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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
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