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    Property profile & analytics

    1245 Cheyenne Ave Grafton, WI 53024

    • Commercial real estate
    • 1.79 lot acres
    For Lease
    View listing
    $18 SF/Yr
    Value Estimation
    $2,570,000
    Last Sale
    Apr 25, 2022
    $2,600,000
    Location Intelligence
    Property ID
    US92-0155213
    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

    • West Kelly N DDS / Endodontist / Dentist
    • Lakeside Endodontics / Dentist / Endodontist
    • Nicole Meunier, MD / Doctor / Dermatologist
    • Shorewest Realtors - Cedarburg Grafton Office / Real Estate Agency / Commercial Real Estate Agency
    • Dermatology Associates Wi / Dermatologist

    Property Details for 1245 Cheyenne Ave

    Year built
    1999
    Lot size
    1.79 lot acres
    Property type
    Commercial real estate
    APN
    10-019-08-016.00
    APU
    100190801600

    Description

    This exceptional Class A office building at 1245 Cheyenne Avenue in Grafton, Wisconsin, offers multiple suites for lease. The property boasts a total of 21,598 square feet, with a minimum divisible space of 1,405 square feet and a maximum contiguous space of 2,200 square feet. Currently, 3,605 square feet of space is available. The building is ideally suited for a variety of office uses, including traditional office, executive office, and medical office settings. Its versatile layout allows for customization to meet diverse business needs. The building provides ample parking, with a ratio of 5 parking spaces per 1,000 square feet. Located in Grafton, Wisconsin, 53024, this property offers convenient access to local amenities and transportation. The building's Class A designation reflects its high-quality construction, modern amenities, and professional atmosphere. Inquire today to learn more about leasing opportunities and secure your ideal office space in this desirable location.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,465,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,535,000
      6.5%
      $2,640,000
      7%
      $2,940,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,540,000
      Geo Method
      $2,975,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,995,000
      Retail
      $2,230,000
      Mixed-Use
      $2,605,000
      Hospitality
      $2,145,000
      Educational
      $2,395,000
      Residential Income
      $2,615,000
      Energy
      $2,895,000
      Income-Based Land
      $2,225,000
      Food Service
      $2,735,000

    Location Insight

    • Map
    • Local Demand
    City
    Grafton
    County
    Ozaukee
    State
    Wisconsin
    Longitude
    -87.9357
    Latitude
    43.3195
    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
    $35,975
    $256,000
    $1,994,000
    $2,250,000
    -
    $0.00
    $0.00
    $2,757,800

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    Similar Nearby for Lease

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    • $18 SF/Yr
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      Prime Grafton Office Space Available

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    Grafton, WI 53024
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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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