Financial
Distress signals
Property profile

16505 National Ave New Berlin, WI 53151

OFF-MARKET
Commercial real estate
Property ID
US92-0039294
5,115 SF 0.89 ac lot Built 1982
Last sale Oct 2025 · $685,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 7,769 square foot medical office building in New Berlin, Wisconsin, presents a unique leasing opportunity. Located at 16505 W National Ave, 53151, this property offers multiple suites for lease, with a minimum divisible space of 2,280 square feet and a maximum contiguous space of 5,489 square feet. The entire building, totaling 7,769 square feet, is currently vacant and ready for immediate occupancy. Built in 1983, the building sits on a 0.89-acre lot and provides ample…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$12k
Tax billed · 2023
Assessed value$805k
Assessed land$136k
Assessed improvement$669k
Effective rate1.51%

Value estimate

· Sep 2026
$695k
$626k – $765k
CAP approach$935k
Submarket $/SF estimate$933k

Realmo valuation models over county records and 12 qualifying comparable sales.

Recently sold

What actually traded nearby?
$120/SF
ZIP average, outlier-cleaned · 105 recorded sales of this use type
Observed band · Q1–Q3$72 – $182
Qualifying comparables12

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
O1
JurisdictionWAUKESHA

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm10.4
Auto Parts Store9.8
Realty agency9.6

Location

16505 National Ave New Berlin, WI 53151-5513
County assessor Recorded deeds · 2 transfers 12 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
13196 National, New Berlin, WI 53151-4068 $557,000 Dec 2025 5,840 SF
1901 Moorland, New Berlin, WI 53151-2321 $13,200 Nov 2025 8,800 SF
4010 Church, New Berlin, WI 53151-5608 $775,000 Jul 2025 3,509 SF
12900 National, New Berlin, WI 53151-4064 $1,280,000 Mar 2025 9,250 SF
13915 Greenfield, New Berlin, WI 53151-1667 $350,000 Feb 2025 2,745 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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