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    12695 National Ave New Berlin, WI 53151

    Sponsored
    For Sale
    Contact for pricing

    52,050 SF Flex Space, Excellent Location

    Property size:
    52,050 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 52,050 square foot flex space, located at 12695 W National Ave in New Berlin, WI 53151, presents a unique investment opportunity. Built in 1995 and renovated in 1999, this single-story building sits on a 7.305-acre lot and offers versatile zoning (B-1 & B-2), allowing for retail, office, industrial, or mixed-use configurations. The property features a flexible, open floor plan, easily divisible into approximately 17,000 square foot units, catering to multi-tenant needs. With ample power, 393 parking spaces (7.5 per 1,000 square feet), and two loading docks, this property is well-equipped to handle a variety of businesses. The building benefits from a prime location along the National Avenue corridor, between Hwy 100 and Moorland Road, experiencing over 15,000 vehicles per day. Convenient freeway access to I-41 and I-43, along with a nearby bus stop, enhances accessibility. Strong demographics, with over 207,000 people within a 15-minute drive, ensure a robust customer base. Additional features include an underground water retention pond, a diesel generator, and excellent building and monument signage opportunities. This property is available for sale.

    Property Features for 12695 National Ave

    General Information

    Property type
    Flex space
    Square Feet
    52,050 SF
    Lot Size
    318,206 SF

    Building Details

    Year Built/Renovated
    1995/1999
    Stories
    1

    HighLights

    • Highly adaptable open floor plan, suitable for multi‑tenant occupancy.
    • Divisible into approximately 17,000 square foot units.
    • Prime National Avenue location between Hwy 100 and Moorland Road, boasting over 15,000 vehicles per day.
    • Excellent freeway access via I‑41 and I‑43; nearby public transportation.
    • Exceptional demographics, serving a population exceeding 207,000 within a 15‑minute radius.
    • On‑site underground water retention pond.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    New Berlin
    County
    Waukesha
    State
    Wisconsin
    Longitude
    -88.07165438
    Latitude
    42.98804811

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    FAQs

    What type of property is this?
    Flex space - 52,050 SF Flex Space, Excellent Location
    Where is this flex space located?
    The property is located at 12695 National Ave New Berlin, WI.
    What are key features of this property?
    This property features: Highly adaptable open floor plan, suitable for multi-tenant occupancy.; Divisible into approximately 17,000 square foot units.; Prime National Avenue location between Hwy 100 and Moorland Road, boasting over 15,000 vehicles per day.
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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
    12695 National Ave New Berlin, WI 53151
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