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    19550 National Ave New Berlin, WI 53146

    For Sale
    $325,000

    Prime New Berlin Retail Land, 1.44 Acres

    Property size:
    1,510 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional retail property, located at 19550 W National Ave in New Berlin, Wisconsin, presents a unique investment opportunity. The 1,510 square foot building, constructed in 1933, sits on a sizable 1.44-acre lot and boasts 14 parking spaces. The property is zoned B-2, offering flexibility for a variety of retail uses. The asking price is $325,000, translating to $215.23 per square foot. High traffic counts are a key advantage, with approximately 11,800 cars per day on South Racine Avenue and approximately 8,500 cars per day on West National Avenue, according to Wisconsin Department of Transportation data. The property benefits from its proximity to the OAW Indoor Sports Complex, enhancing visibility and potential customer traffic. An active liquor license is currently associated with the property, adding further value and potential uses. Convenient access to I-43 (within approximately one mile) provides excellent regional accessibility. The property's APN is NBC 1268988, NBC 1268987. This is an ideal location for a business seeking high visibility and strong traffic flow in a thriving community. The property's size and zoning provide ample opportunity for expansion or redevelopment.

    Property Features for 19550 National Ave

    General Information

    Property type
    Land
    Square Feet
    1,510 SF
    Lot Size
    62,726 SF

    Building Details

    Year Built
    1933

    HighLights

    • High traffic counts: ~11,800 vehicles daily on S Racine Ave and ~8,500 vehicles daily on W National Ave (WI DOT data).
    • OAW Indoor Sports Complex adjacency.
    • Existing liquor license.
    • Within one mile of I‑43 freeway access.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Clothing Store Hotel & Motel Gym & Fitness Kitchen & Bath Food Market Accounting Firm HVAC Service

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

    Location Insight

    • Map
    • Local Demand
    City
    New Berlin
    County
    Waukesha
    State
    Wisconsin
    Longitude
    -88.1575555
    Latitude
    42.9457898

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    FAQs

    What type of property is this?
    Land - Prime New Berlin Retail Land, 1.44 Acres
    Where is this land located?
    The property is located at 19550 National Ave New Berlin, WI.
    What is the asking price?
    The asking price for this property is $325,000.
    What are key features of this property?
    This property features: High traffic counts: ~11,800 vehicles daily on S Racine Ave and ~8,500 vehicles daily on W National Ave (WI DOT data).; OAW Indoor Sports Complex adjacency.; Existing liquor license.
    Request Owner's contact information
    19550 National Ave New Berlin, WI 53146
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    New Berlin, WI 53146
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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
    19550 National Ave New Berlin, WI 53146
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