Industrial
N22 W22922 Nancy's Court, Waukesha, WI 53146
For Sale
Contact for pricing
Situated along Highway F, the property is approximately one mile north of I-94 in Waukesha.
Property Size34,540 SF
Lot Size3.46 Acres
Price / SF$118.70
Days on Market42
Property Features for N22 W22922 Nancy's Court
General Information
Standard status
Size
Lot size
Property subtype
Additional Details
Highway Access
Property Use
Building Details
Building Size
Listing Agency:
Jones Lang LaSalle Brokerage, Inc.
Listed By:
Tony Haning
Source:
Crexi
Added: Sep 29
Changed: Nov 8
Last Checked: Nov 8 at 5:01PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Jones Lang LaSalle Brokerage, Inc.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The industrial property contains 34,540 square feet on a 3.46-acre site. It is located along Highway F in Waukesha, approximately one mile north of I-94.
Key Highlights
- 34,540 SF industrial building
- 3.46‑acre site
- Along Highway F, approximately one mile north of I‑94 in Waukesha
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$125,773
Cap Rate
3.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,515,460
$2.5M
Cap Rate 7%
$1,796,757
$1.8M
Cap Rate 9%
$1,397,478
$1.4M
Market Conditions
NOI Build-Up for 34,540 SF
Gross rent
$188.9K $5.47/SF
− Vacancy
−$9.3K −$0.27/SF
EGI
$179.7K $5.20/SF
− OpEx
−$53.9K −$1.56/SF
NOI
$125.8K $3.64/SF
Area
Waukesha County, WI
Vacancy
4.90%
Lease Rate
$5.47 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,515,460
Cap Rate 7%
$1,796,757
Cap Rate 9%
$1,397,478
Alternative Uses
Best Use
Industrial
$1.80M
$1.57M – $2.10M
NOI $125,773 @ 7.0% cap · market cap 3.07%
Second Best
—
—
no second resolved use
Theoretical Best
Flex RnD
$17.63M
$15.42M – $20.57M
NOI $1,233,974 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
92
Businesses Nearby
Explore this area
Business Placement
Demographics for 53146, WI
7,677
Population
3,073
Households
2.5
Avg Household Size
46
Median Age
45%
College-Educated
95%
High-School Grad
18.3 sq mi
ZIP Area
420
Density / Sq Mi
$96,015
Median Household Income
$56,745
Median Earnings
$1,273
Median Rent
$318,700
Median Home Value
Market
Average Price Trend$/SF for Industrial properties in Waukesha County, WI
Properties on Market for Industrial properties in Waukesha County
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Industrial property - Situated along Highway F, the property is approximately one mile north of I-94 in Waukesha.
Where is this industrial property located?
The property is located at N22 W22922 Nancy's Court Waukesha, WI.
What is the asking price?
The asking price for this property is $4,100,000.
What are key features of this property?
This property features: 34,540 SF industrial building; 3.46‑acre site; Along Highway F, approximately one mile north of I‑94 in Waukesha
