Pewaukee Office Condo For
For Sale
Contact for pricing
N28 W23000 Roundy Dr, Pewaukee, WI 53072
Office condo with high visibility and easy access in Pewaukee.
Property Size1,461 SF
Lot Size9.91 Acres
Price / SF$239.56
Days on Market260
Property Features for N28 W23000 Roundy Dr
General Information
Standard status
Active
Size
1,461 SF
Lot size
9.91 Acres
Property subtype
OFFICE
Lease Type
Gross
Properties For Sale
at N28 W23000 Roundy Dr
Condo For Lease
AVAILABLE
Floor
2
Size
1,564 SF
Type
OFFICE
Lease Type
GROSS
Sublease
No
• Great proximity to I-94
• Ample parking
• Spacious offices
• Accessible conference room
Contact us
Listing Agency:
The Barry Company
(414) 271-1870
Listed By:
Nicholas Zurich · License #8984194
(262) 765-0010
Source:
Moodyscre
Added: Jan 27
Changed: Oct 12
Last Checked: Oct 12 at 10:28PM
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 The Barry Company
Investment Insights
Based on property information with market context.
This office condo offers high visibility and easy access to the desirable Pewaukee North/South corridor. The property, with a size of 1461 square feet, includes access to a common conference or training area within the condo complex. It is located on Roundy Drive in Pewaukee, Wisconsin.
Key Highlights
- High visibility location
- Easy access to Pewaukee North/South corridor
- Office condo
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,283
Cap Rate
5.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$405,660
$405.7K
Cap Rate 7%
$289,757
$289.8K
Cap Rate 9%
$225,367
$225.4K
Market Conditions
NOI Build-Up for 1,461 SF
Gross rent
$36.3K $24.84/SF
− Vacancy
−$9.2K −$6.33/SF
EGI
$27.0K $18.51/SF
− OpEx
−$6.8K −$4.63/SF
NOI
$20.3K $13.88/SF
Area
Waukesha County, WI
Vacancy
25.48%
Lease Rate
$24.84 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$405,660
Cap Rate 7%
$289,757
Cap Rate 9%
$225,367
Alternative Uses
Best Use
Office B
$289.8K
$253.5K – $338.1K
NOI $20,283 @ 7.0% cap · market cap 5.80%
Second Best
—
—
no second resolved use
Theoretical Best
Flex RnD
$745.7K
$652.5K – $869.9K
NOI $52,196 @ 7.0% cap · market cap 14.91%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
323
Businesses Nearby
Explore this area
Business Placement
Demographics for 53072, WI
26,687
Population
12,594
Households
2.1
Avg Household Size
45
Median Age
53%
College-Educated
98%
High-School Grad
29.8 sq mi
ZIP Area
896
Density / Sq Mi
$97,434
Median Household Income
$61,762
Median Earnings
$1,352
Median Rent
$424,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Office condo with high visibility and easy access in Pewaukee.
Where is this office units located?
The property is located at N28 W23000 Roundy Dr Pewaukee, WI.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: High visibility location; Easy access to Pewaukee North/South corridor; Office condo
