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    4131 Loomis Rd Greenfield, WI 53221

    • Commercial real estate
    • 3.49 lot acres
    For Lease
    View listing
    $16 SF/Yr
    Value Estimation
    $5,220,000
    Last Sale
    Oct 01, 2021
    $4,400,000
    Location Intelligence
    Property ID
    US92-1268954
    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 4131 Loomis Rd

    Lot size
    3.49 lot acres
    Property type
    Commercial real estate
    APN
    600-1001-000
    APU
    6001001000

    Description

    This exceptional three-story, Class B medical office building, totaling 63,287 square feet, presents a unique investment opportunity in Greenfield, Wisconsin. Constructed in 2006 and renovated in 2011, the property boasts a highly visible location at 4131 W. Loomis Rd, situated near the interchange of Interstates 41, 43, and 894, ensuring excellent accessibility. The building features five suites, with the largest contiguous space measuring 19,738 square feet, and several smaller spaces ranging from 1,321 to 21,129 square feet are currently available. Ample parking is provided with 261 spaces, and the building is equipped with elevators. The property benefits from its proximity to the planned Loomis Crossing development and enjoys high visibility on W. Loomis Road. Attractive tenant improvement packages are available, including up to 12 months of base rent abatement for qualified tenants. This is an ideal location for medical practices seeking a prominent presence in a thriving area.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $5,535,000

    • CAP approach

      CAP return
      Estimation
      6%
      $4,515,000
      6.5%
      $4,305,000
      7%
      $4,250,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $3,760,000
      Geo Method
      $4,460,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $4,305,000
      Retail
      $4,420,000
      Mixed-Use
      $4,775,000
      Hospitality
      $3,635,000
      Educational
      $4,645,000
      Residential Income
      $4,280,000
      Energy
      $4,610,000
      Income-Based Land
      $4,105,000
      Food Service
      $4,725,000

    Location Insight

    • Map
    • Local Demand
    City
    Greenfield
    County
    Milwaukee
    State
    Wisconsin
    Longitude
    -87.9656
    Latitude
    42.9637
    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
    2022
    $341,184
    $1,366,200
    $10,834,100
    $12,200,300
    -
    $0.00
    $0.00
    $16,422,500

    Comparable in this City

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    4131 Loomis Rd
    Greenfield, WI 53221
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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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