Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    N95W16855 Falls Pkwy Menomonee Falls, WI 53051
    Back to Search
    Property profile & analytics

    N95W16855 Falls Pkwy, Menomonee Falls, WI 53051

    View on Map
    • Retail properties & Spaces
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for N95W16855 Falls Pkwy

    Property type
    Retail properties & Spaces
    Property subtype
    Land

    Description

    This exceptional 0.46-acre retail outlot presents a unique investment opportunity. Strategically located with unparalleled visibility from Interstate 41, boasting an impressive 81,400 vehicles per day, this site offers significant exposure for any business. The property is available for sale, ground lease, or build-to-suit, providing flexibility for various development scenarios. Monument signage is available, maximizing brand visibility. A drive-thru option is also feasible, catering to businesses requiring convenient customer access. The location benefits from a strong and diverse tenant mix, including established national retailers such as Costco, Steinhafel's, HomeGoods, Ross, TJ Maxx, and Five Below, ensuring high foot traffic and a thriving commercial environment. This prime location offers an exceptional opportunity for businesses seeking high visibility and a strong retail presence in a densely populated area. The flexible options for acquisition make this an attractive proposition for a wide range of potential buyers and developers. Don't miss this chance to secure a prominent position in a successful retail center.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Menomonee Falls
    County
    Waukesha
    State
    Wisconsin
    Longitude
    -88.1192
    Latitude
    43.189

    Comparable in this City

    • Value Estimation by Request
      0.46 Acres

      N95W16855 Falls Pkwy

      Restaurants
      N95W16855 Falls Pkwy, Menomonee Falls, WI 53051
      View Details
    • Value Estimation by Request
      3.05 Acres

      N84w15670 Appleton Ave

      Land
      N84w15670 Appleton Ave, Menomonee Falls, WI 53051
      View Details
    • Value Estimation by Request
      48,567 SF

      N84 Appleton Ave

      Retail properties & Spaces
      N84 Appleton Ave, Menomonee Falls, WI 53051
      View Details
    • Value Estimation by Request
      16,000 SF

      Cor Of Appleton Ave & Good Hope Rd

      Retail properties & Spaces
      0 Cor Of Appleton Ave & Good Hope Rd, Menomonee Falls, WI 53051
      View Details
    • Value Estimation by Request
      2,128 SF

      Nec Pilgrim Rd & Silver Spg Dr

      Retail properties & Spaces
      0 Nec Pilgrim Rd & Silver Spg Dr, Menomonee Falls, WI 53051
      View Details
    • Value Estimation by Request
      37,706 SF

      N78 Appleton Ave

      Retail properties & Spaces
      N78 Appleton Ave, Menomonee Falls, WI 53051
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Land For Sale

      Land available for sale.
      W180N9393 Premier Ln, Menomonee Falls, WI 53051
      View Details
    • Contact for pricing

      Land and Office Property Available

      Land and office property for sale.
      Swc Executive Pkwy. & Main St, Menomonee Falls, WI 53051
      View Details
    • $441,250
      3.53 Acres

      Westbrook Corporate Center Lot 13

      3.53-Acre Commercial Land Parcel in Milwaukee
      0 124Th St, Milwaukee, WI 53051
      View Details
    • Contact for pricing

      Menomonee Falls Development Opportunity

      Land available for development in Menomonee Falls, Wisconsin.
      N87W14614 Fond Du Lac Ave, Menomonee Falls, WI 53051
      View Details
    • $592,500
      4.74 Acres

      Westbrook Corporate Center Land

      4.74 Acres, Milwaukee, WI - $592,500
      0 124Th St, Milwaukee, WI 53051
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Prime Retail Outlot Opportunity

      Outlot available for sale, ground lease, or build-to-suit.
      N95W16855 Falls Pkwy, Menomonee Falls, WI 53051
      View Details
    • Contact for pricing

      Retail Space Available For Lease

      Retail property available for lease in Menomonee Falls, Wisconsin.
      N72 Lund Ln, Menomonee Falls, WI 53051
      View Details
    • Contact for pricing

      Grocery Anchored Shopping Center

      Shopping center in Menomonee Falls, Wisconsin.
      N81W15070 Appleton Ave, Menomonee Falls, WI 53051
      View Details
    • Contact for pricing
      4,084 SF

      Retail Space in Menomonee Falls

      Retail space available for lease in Menomonee Falls, WI.
      15560 Silver Spring Dr, Menomonee Falls, WI 53051
      View Details
    • Contact for pricing

      Retail Space Available For Rent

      Retail space available, featuring 4,177 square feet.
      N72 Good Hope Rd, Menomonee Falls, WI 53051
      View Details
    • $1,300 /Mo
      1,500 SF

      Menomonee Falls High Visibility Unit

      Fresh, clean upper unit with parking and signage available.
      N82w15340 Appleton Ave, Menomonee Falls, WI 53051
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    N95W16855 Falls Pkwy
    Menomonee Falls, WI 53051
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    N95W16855 Falls Pkwy, Menomonee Falls, WI, 53051
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!