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    18110 Bluemound Rd Brookfield, WI 53045

    For Sale
    $4,900,000

    49,280 SF Flex Space, Brookfield, WI

    Property size:
    49,280 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional multi-tenant property, located at 18110 W Bluemound Rd in Brookfield, Wisconsin, presents a unique investment opportunity. The 49,280 square foot building, constructed in 1982, sits on a 2.248-acre lot and is zoned B2. The property boasts a diverse layout, ideal for a variety of uses. It currently features approximately 15,680 square feet of retail space, 15,680 square feet of office space, and 17,920 square feet of high-bay warehouse space. The lower-level office space offers potential for conversion to low-bay warehouse space, increasing the property's versatility. The building includes one loading dock and one dock-high door, complemented by a substantial parking area at the rear. Recent improvements include a new roof and newer HVAC units. The building also features multiple restrooms throughout. With a 22-foot ceiling height in the warehouse area, this property offers ample space and flexibility. The asking price is $4,900,000, translating to $99.43 per square foot. This property is currently multi-tenant but offers significant potential for conversion to a single-tenant owner-user building. The strategic location on Bluemound Road provides excellent visibility and accessibility. Room for expansion is also available.

    Property Features for 18110 Bluemound Rd

    General Information

    Property type
    Individual retail properties
    Square Feet
    49,280 SF
    Lot Size
    97,923 SF

    Building Details

    Year Built
    1982
    Buildings
    1
    Stories
    2

    HighLights

    • $4,900,000 asking price for a 49,280 square foot multi‑tenant property.
    • Located at 18110 W Bluemound Rd, Brookfield, WI 53045.
    • Features a mix of retail, office, and warehouse space (approx. 15,680 SF retail, 15,680 SF office, 17,920 SF warehouse).
    • Building has a 22‑foot ceiling height, one loading dock, and one dock‑high door.
    • Sits on a 2.248‑acre lot with ample parking and room for expansion.
    • Features a new roof and newer HVAC units.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mike Crivello's Camera ... Photo Shop Video Wisconsin, Inc. Video Production Service Bluemound Self Storage ... Self-Storage Facility James Kramer, OD Optometrist Our Concierge Channel Video Production Service

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Brookfield
    County
    Waukesha
    State
    Wisconsin
    Longitude
    -88.1383591
    Latitude
    43.0374152

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    FAQs

    What type of property is this?
    Individual retail property - 49,280 SF Flex Space, Brookfield, WI
    Where is this individual retail property located?
    The property is located at 18110 Bluemound Rd Brookfield, WI.
    What is the asking price?
    The asking price for this property is $4,900,000.
    What are key features of this property?
    This property features: $4,900,000 asking price for a 49,280 square foot multi-tenant property.; Located at 18110 W Bluemound Rd, Brookfield, WI 53045.; Features a mix of retail, office, and warehouse space (approx. 15,680 SF retail, 15,680 SF office, 17,920 SF warehouse).
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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
    18110 Bluemound Rd Brookfield, WI 53045
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