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    Property profile & analytics

    18615 Bluemound Rd Brookfield, WI 53045

    • Commercial real estate
    • 3.15 lot acres
    For Lease
    View listing
    Value Estimation
    $1,495,000
    Last Sale
    Jan 31, 2024
    $1,500,000
    Location Intelligence
    Property ID
    US92-1113598
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 18615 Bluemound Rd

    Lot size
    3.15 lot acres
    Zone code
    B
    Property type
    Commercial real estate
    APN
    BR C1119994
    APU
    BRC1119994

    Description

    This exceptional retail property, located at 18615 W Bluemound Road in Brookfield, Wisconsin, presents a significant opportunity for a single tenant. The building boasts a substantial 55,000 square feet of space, all currently vacant, offering unparalleled flexibility for a large-scale retail operation. Constructed in 1996, the two-story building sits on a generous 3.16-acre lot, providing ample room for expansion or outdoor amenities. The property is zoned B-3 Regional Business, allowing for a wide range of commercial uses. Parking is abundant, with 143 spaces available for customers and employees. The building's location on W Bluemound Road in Waukesha County ensures high visibility and accessibility, placing it within a thriving commercial corridor. The property's size and zoning make it ideal for a variety of retail concepts, offering a unique chance to establish a prominent presence in a desirable market. With its expansive footprint and convenient location, this property is poised for immediate occupancy and significant return on investment. The zip code is 53045.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,500,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,545,000
      6.5%
      $1,645,000
      7%
      $1,440,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,600,000
      Geo Method
      $1,275,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,375,000
      Retail
      $1,550,000
      Mixed-Use
      $1,660,000
      Hospitality
      $1,525,000
      Educational
      $1,630,000
      Residential Income
      $1,655,000
      Energy
      $1,250,000
      Income-Based Land
      $1,515,000
      Food Service
      $1,470,000

    Location Insight

    • Map
    • Local Demand
    City
    Brookfield
    County
    Waukesha
    State
    Wisconsin
    Longitude
    -88.1442
    Latitude
    43.0354
    CBSA code
    33340
    CBSA name
    MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $31,619
    $2,056,200
    $643,800
    $2,700,000
    -
    $0.00
    $0.00
    $2,874,100

    Comparable in this City

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      6.18 Acres

      18900 Bluemound Rd

      COMMERCIAL (GENERAL) • 6.18 Acres
      18900 Bluemound Rd, Brookfield, WI 53045-6092
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    • Value Estimation by Request
      1.76 Acres

      17780 Bluemound Rd

      COMMERCIAL (GENERAL) • 1.76 Acres
      17780 Bluemound Rd, Brookfield, WI 53045
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    • Value Estimation by Request
      0.92 Acres

      18880 Bluemound Rd

      COMMERCIAL (GENERAL) • 0.92 Acres
      18880 Bluemound Rd, Brookfield, WI 53045-6069
      View Details

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    Request Owner's contact information
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    18615 Bluemound Rd
    Brookfield, WI 53045
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    Realmo Value Estimation

    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.

    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.

    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
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