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    1425 Discovery Pkwy Wauwatosa, WI 53226

    Sponsored
    For Sale
    $13,500,000

    Class A Office, Vacant, Prime Location

    Property size:
    25,926 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Class A executive office building, located at 1425 Discovery Pkwy in Wauwatosa, Wisconsin, presents a compelling investment opportunity. The property boasts 25,926 to 32,649 square feet of space, spread across three stories, and sits on a 2.13-acre lot. Built and renovated in 2014, the building features a LEED Gold certification, reflecting its commitment to sustainability. Its prime location directly off I-41 offers convenient access to downtown Milwaukee (just 10 minutes away) and the UWM Innovation Campus. The surrounding area includes the beautiful County Grounds Park and its extensive walking trails. Amenities within the building include a conference room, fitness center, training room, café, outdoor patio, and an outdoor walking path. Further enhancing its appeal are an on-site generator, high-bandwidth fiber optic capability, electric vehicle charging stations, and excellent signage opportunities. The building is currently vacant, offering a blank canvas for a new tenant or owner. The asking price is $13,500,000, with a price per square foot of $148.33. The property is zoned G-2 and offers ample parking (4.51 spaces per 1,000 sq ft). Its proximity to the Milwaukee County Research Park and Milwaukee Regional Medical Center adds to its strategic value. This is a rare opportunity to acquire a high-quality, well-appointed office building in a thriving location. The lease type is NNN.

    Property Features for 1425 Discovery Pkwy

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    25,926 SF
    Class
    A
    Lot Size
    92,783 SF

    Building Details

    Year Built/Renovated
    2014/2014
    Stories
    3

    HighLights

    • LEED Gold Certified.
    • Located directly off I‑41, 10 minutes from Downtown Milwaukee.
    • Situated near UWM Innovation Campus, County Grounds Park, and walking trails.
    • Building amenities include a conference room, fitness center, training room, café, outdoor patio, and walking path.
    • On‑site generator, high‑bandwidth fiber, and EV charging stations.
    • Excellent signage opportunities and ample parking (4.51/1000 sq ft).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office 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
    -88.034933
    Latitude
    43.0480504

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    FAQs

    What type of property is this?
    Office Property / Space - Class A Office, Vacant, Prime Location
    Where is this office property / space located?
    The property is located at 1425 Discovery Pkwy Wauwatosa, WI.
    What is the asking price?
    The asking price for this property is $13,500,000.
    What are key features of this property?
    This property features: LEED Gold Certified.; Located directly off I-41, 10 minutes from Downtown Milwaukee.; Situated near UWM Innovation Campus, County Grounds Park, and walking trails.
    Request Owner's contact information
    1425 Discovery Pkwy 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
    1425 Discovery Pkwy Wauwatosa, WI 53226
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