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    933 Mayfair Rd Wauwatosa, WI 53226

    Sponsored
    For Sale
    $3,750,000

    Wauwatosa Executive Office, High ROI

    Property size:
    51,064 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional three-story office building, located at 933 N Mayfair Road in Wauwatosa, Wisconsin, presents a compelling investment opportunity. Boasting 51,064 rentable square feet on a 1.77-acre lot, this multi-tenant property offers a strong 8.14% cap rate and a pro-forma NOI of $305,307. Built in 1978, the building features convenient amenities including ample garage parking (4 spaces per 1,000 sq ft), dedicated storage, and after-hours intercom access. Its prime location provides easy access to two freeway interchanges, ensuring excellent connectivity throughout the Milwaukee metro area. The asking price is $3,750,000, translating to $73.47 per square foot. This property is ideal for investors seeking a stable, high-performing asset in a desirable location. The building's long-term tenants contribute to its consistent cash flow, making it an attractive addition to any portfolio. The property's size and amenities cater to a variety of business needs, ensuring continued occupancy and strong rental income. Its strategic location in Wauwatosa, Milwaukee County, Wisconsin (zip code 53226) offers excellent visibility and accessibility.

    Property Features for 933 Mayfair Rd

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    51,064 SF
    Lot Size
    77,101 SF

    Building Details

    Year Built
    1978
    Stories
    3

    HighLights

    • Exceptional three‑story office building in Wauwatosa, WI, offering 51,064 rentable square feet on a 1.77‑acre lot.
    • Strong 8.14% cap rate and $305,307 pro‑forma NOI.
    • Asking price: $3,750,000 ($73.47/SF).
    • Ample parking (4 spaces per 1,000 sq ft), dedicated storage, and after‑hours intercom access.
    • Prime location with easy freeway access in the Milwaukee metro area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Wauwatosa
    County
    Milwaukee
    State
    Wisconsin
    Longitude
    -88.0479997
    Latitude
    43.0418261

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    FAQs

    What type of property is this?
    Office Property / Space - Wauwatosa Executive Office, High ROI
    Where is this office property / space located?
    The property is located at 933 Mayfair Rd Wauwatosa, WI.
    What is the asking price?
    The asking price for this property is $3,750,000.
    What are key features of this property?
    This property features: Exceptional three-story office building in Wauwatosa, WI, offering 51,064 rentable square feet on a 1.77-acre lot.; Strong 8.14% cap rate and $305,307 pro-forma NOI.; Asking price: $3,750,000 ($73.47/SF).
    Request Owner's contact information
    933 Mayfair Rd Wauwatosa, WI 53226
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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
    933 Mayfair Rd Wauwatosa, WI 53226
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