Commercial Real Estate Market in Brookfield, WI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
114 active listings and 885 off-market properties in Brookfield, WI. Commercial property asks $97/SF to buy (based on 3 listings) and $17.98/SF/Yr to lease.
Market Trends
Brookfield, WI spans 58.9 square miles in Waukesha County, Wisconsin. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Brookfield, WI runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail vacancy in Brookfield, WI runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Industrial
Industrial vacancy in Brookfield, WI runs 4.9% across the Midwest region in 2025, up from 4.4% in 2019. Nearly 1.6x the 2022 low of 3.1%.
Multifamily
Multifamily vacancy in Brookfield, WI runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 67.7%
- Commercial 13.5%
- Open space 7.2%
- Industrial 5.5%
- Mixed use 4%
- Planned_development 2.2%
Largest Zones share of zoned land by district
Brookfield, WI zones 17,445 acres across 26 districts. Commercial zoning covers 13.5% of zoned land, residential 67.7%, open space 7.2% and industrial 5.5%. The largest single district is Single Family Residential District at 31.8%. For commercial buyers the practical constraint is that only 19% of land carries a commercial or industrial designation.
The purpose of this district is for one family dwellings, crop and tree farming, keeping of poultry and domestic livestock including horses, but not including hogs, goats or fur bearing animals
Market overview
Demographics & Economy
Brookfield, WI has 71,771 residents in 31,399 households. Density runs 1,218 people per square mile. Median household income here is $111,510 and median gross rent $1,658 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Menomonee Falls | $178 | $12.55 |
| West Allis | $158 | $13.33 |
| Greenfield | $146 | $17.25 |
| Milwaukee | $93 | $15.76 |
Commercial property in Brookfield, WI asks $97/SF. The 4 bordering markets run from $93/SF in Milwaukee to $178/SF in Menomonee Falls, and the city sits below their $152/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Brookfield?
How much does it cost to lease commercial space in Brookfield?
How does Brookfield compare to nearby markets on price?
What zoning applies to commercial property in Brookfield?
Where does Realmo's Brookfield market data come from?
Methodology & data sources
- Asking prices and medians
- There are 37 active for-sale and 77 active for-lease listings in Brookfield, WI. The medians are based on 3 of the for-sale and 24 of the for-lease listings, those that state a price or rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 17,445 zoned acres across 26 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 October 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Midwest region level, retail vacancy is reported at Midwest region level and industrial vacancy is reported at Midwest region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 October 2026 · How Realmo checks market page data · Report a data issue
