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    N21W23340 Ridgeview Pkwy Waukesha, WI 53188

    For Sale
    $4,000,000

    22,528 SF Office Space - $4M

    Property size:
    22,528 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 22,528-square-foot executive office building, located at N21W23340 Ridgeview Pkwy in Waukesha, Wisconsin, presents a compelling investment opportunity. Built in 2002 and boasting a Class B designation, the property is situated within the desirable Ridgeview Corporate Park, offering convenient access to I-94 via Redford Boulevard. The building features modern updates and Class A finishes, complemented by ample parking (95 spaces) and prominent monument signage. A significant advantage is the inclusion of a large common area equipped with a full kitchen, inviting gathering spaces, and dedicated conference and training rooms. The property is zoned B-6 Mixed Use Business, providing flexibility for various business needs. The asking price is $4,000,000, translating to a price per square foot of $177.56. A key benefit for prospective tenants is the landlord's willingness to customize build-outs to meet specific tenant requirements. The property's APN is PWC 0953984004. This multi-tenant building offers a unique blend of modern amenities and convenient location, making it an ideal investment for discerning buyers. The property is offered as a modified lease.

    Property Features for N21W23340 Ridgeview Pkwy

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    22,528 SF
    Class
    B

    Building Details

    Year Built
    2002

    HighLights

    • $4,000,000 asking price for a 22,528 SF Class B office building.
    • Located in Waukesha, WI's Ridgeview Corporate Park, with a B‑6 Mixed Use Business zoning designation.
    • Modern building with Class A finishes, monument signage, and ample parking (95 spaces).
    • Features a large common area with kitchen, gathering spaces, conference, and training rooms.
    • Landlord offers tenant build‑out to specifications and proximity to I‑94.
    Property Profile Location Intelligence

    Current Use by Public Records

    The Boldt Company Construction Company Generator Supercenter Inc. Electric Generator Shop Chiro-Med, S.C. Chiropractor James A. Ropicky, DC Chiropractor

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Waukesha
    County
    Waukesha
    State
    Wisconsin
    Longitude
    -88.2101209
    Latitude
    43.0582679

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    FAQs

    What type of property is this?
    Office Property / Space - 22,528 SF Office Space - $4M
    Where is this office property / space located?
    The property is located at N21W23340 Ridgeview Pkwy Waukesha, WI.
    What is the asking price?
    The asking price for this property is $4,000,000.
    What are key features of this property?
    This property features: $4,000,000 asking price for a 22,528 SF Class B office building.; Located in Waukesha, WI's Ridgeview Corporate Park, with a B-6 Mixed Use Business zoning designation.; Modern building with Class A finishes, monument signage, and ample parking (95 spaces).
    (262) 613-6096
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    N21W23340 Ridgeview Pkwy Waukesha, WI 53188
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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
    N21W23340 Ridgeview Pkwy Waukesha, WI 53188
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