15875 Bluemound Rd Brookfield, WI 53005
- Commercial real estate
- 16.38 lot acres
Current Use by Public Records
- mEYEwear Optical / Eye Care Center
Property Details for 15875 Bluemound Rd
- Lot size
- 16.38 lot acres
- Zone code
- B
- Property type
- Commercial real estate
- APN
- BR C1116995001
- APU
- BRC1116995001
Description
This exceptional commercial property presents a unique investment opportunity in the heart of Brookfield, Wisconsin. Situated at 15875 W Bluemound Rd, this 16.8-acre site boasts a prime location at the intersection of Bluemound Road and Moorland Road, within Waukesha County. The property offers flexible options for retail space, including lease, ground lease, or build-to-suit arrangements, catering to a variety of business needs. Available spaces range from 3,400 square feet to 14,650 square feet, ideal for a range of retail and restaurant concepts. This development sits within a thriving retail corridor, anchored by Brookfield Square and encompassing over 4 million square feet of retail space across approximately 3 miles. Brookfield's robust office market, with nearly 6 million square feet of office space, further enhances the property's appeal and potential for high foot traffic and visibility. The property's strategic location and flexible options make it an attractive proposition for businesses seeking a prominent presence in a high-demand area. This is a rare chance to establish a business in one of Metro Milwaukee's most prominent retail destinations. The property is zoned for commercial use and offers significant potential for growth and return on investment. Contact us today to learn more about this exciting opportunity.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $7,260,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $5,670,000
- 6.5%
- $5,040,000
- 7%
- $5,810,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $6,095,000
- Geo Method
- $5,400,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $5,405,000
- Retail
- $5,295,000
- Mixed-Use
- $6,955,000
- Hospitality
- $5,630,000
- Educational
- $6,230,000
- Residential Income
- $5,665,000
- Energy
- $5,415,000
- Income-Based Land
- $5,975,000
- Food Service
- $6,785,000
Location Insight
- Map
- Local Demand
- City
- Brookfield
- County
- Waukesha
- State
- Wisconsin
- Longitude
- -88.1097
- Latitude
- 43.0348
- CBSA code
- 33340
- CBSA name
- MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA