Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    W292S4325 Hillside Rd Waukesha, WI 53189
    Back to Search
    Property profile & analytics

    W292S4325 Hillside Rd, Waukesha, WI 53189

    View on Map
    • Warehouses
    • 20,668 SF
    • 1.99 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for W292S4325 Hillside Rd

    Lot size
    1.99 lot acres
    Property type
    Warehouses
    Property subtype
    Industrial properties

    Description

    This exceptional industrial property, located at W292S4325 Hillside Rd, Waukesha, WI 53189, presents a significant investment opportunity. The 20,668 square foot warehouse and manufacturing building sits on a 1.989-acre lot and is zoned M-1, offering versatility for various industrial uses. The property boasts five 8'x9' loading docks, enhancing operational efficiency. Three drive-in doors (two 10'x10' and one 12'x14') provide additional access. The building features impressive ceiling heights ranging from 10'-16' to 12'-18', accommodating a variety of equipment and storage needs. Ample 480-volt, 3-phase power is available. The building currently includes 13,332 square feet of leased space, generating rental income, and offers approximately 1,760 square feet of office space and 18,908 square feet of warehouse space available for immediate use. The property's tax key is GNT 1532998, and the 2023 tax bill was $4,881.96. The asking price for this prime Waukesha County location is $1,895,000. This property is ideally situated near Generac's headquarters.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Waukesha
    County
    Waukesha
    State
    Wisconsin
    Longitude
    -88.3317
    Latitude
    42.9658

    Comparable in this City

    • Value Estimation by Request
      20,000 SF

      400 Travis Ln

      Distribution properties
      400 Travis Ln, Waukesha, WI 53189
      View Details
    • Value Estimation by Request
      34,000 SF

      W292S4325 Hillside Rd

      Distribution properties
      W292S4325 Hillside Rd, Waukesha, WI 53189
      View Details
    • Value Estimation by Request
      143,000 SF

      Corporate Dr

      Distribution properties
      0 Corporate Dr, Waukesha, WI 53189
      View Details
    • Value Estimation
      $2,185,000
      24,920 SF

      200 Wilmont Dr

      WAREHOUSE, STORAGE
      200 Wilmont Dr, Waukesha, WI 53189-7960
      View Details
    • Value Estimation
      $5,075,000
      57,912 SF

      1901 Pr Ave, Unit 2

      WAREHOUSE, STORAGE
      1901 Pr Ave, Waukesha, WI 53189-7479
      View Details
    • Value Estimation
      $2,300,000
      13,200 SF

      411 Travis Ln

      WAREHOUSE, STORAGE
      411 Travis Ln, Waukesha, WI 53189-7934
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      34,000 SF

      Waukesha Manufacturing Building For Sale

      Manufacturing building with heavy power, loading docks, and tenant income.
      W292S4325 Hillside Rd, Waukesha, WI 53189
      View Details
    • Contact for pricing
      34,000 SF

      Waukesha Manufacturing Building For Sale

      Manufacturing building with heavy power, loading docks, and tenant income.
      4325 Hillside Rd, Waukesha, WI 53189
      View Details
    • Contact for pricing
      14,000 SF

      Waukesha Industrial Flex Building

      14,000 SF multi-tenant building in Waukesha, Wisconsin.
      W246 Industrial Ln, Waukesha, WI 53189
      View Details
    • $319,000
      1.43 Acres

      Waukesha Commercial Development Opportunity

      High-visibility corner lot near I-43 with B2 zoning.
      Lt2 Lawnsdale Rd, Waukesha, WI 53189
      View Details
    • $215,000
      1.21 Acres

      Residential Lot in Waukesha County

      Over an acre lot ready for a custom dream home.
      1 Cardinal Ct, Waukesha, WI 53189
      View Details
    • Contact for pricing

      Waukesha Corner Lot Opportunity

      High-visibility corner lot with B2 zoning and traffic light access.
      Lt2 Lawnsdale Rd, Waukesha, WI 53189
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,400 SF

      Waukesha Flex Industrial Space

      Flex industrial space available with planned interior and exterior improvements.
      304 Travis Ln, Waukesha, WI 53189
      View Details
    • Contact for pricing
      3,000 SF

      Waukesha Flex Space Available

      Flex space featuring office, showroom, and shop areas for rent.
      2035 S West Ave, Waukesha, WI 53189
      View Details
    • Contact for pricing

      Waukesha Flex Industrial Space

      Flex industrial space available with high visibility in Waukesha.
      400 Travis Ln, Waukesha, WI 53189
      View Details
    • Contact for pricing
      2,512 SF

      Waukesha Flex Industrial Space

      Flex industrial space available with high visibility in Waukesha.
      300 Travis Ln, Waukesha, WI 53189
      View Details
    • Contact for pricing
      2,339 SF

      Waukesha Flex Industrial Space

      Flex industrial space available with high visibility in Waukesha.
      2111 S West Ave, Waukesha, WI 53189
      View Details
    • Contact for pricing
      1,780 SF

      Waukesha Flex Industrial Space

      Flex industrial space available in Waukesha, Wisconsin.
      402 Travis Ln, Waukesha, WI 53189
      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.
    W292S4325 Hillside Rd
    Waukesha, WI 53189
    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
    W292S4325 Hillside Rd, Waukesha, WI, 53189
    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!