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10506 Bluemound Rd Wauwatosa, WI 53226-4332

OFF-MARKET Commercial real estate Google Maps
4,960 SF 0.23 ac lot Built 1970
Individually Owned Free & Clear
Estimated value (blended)
$315k
Range $284k – $347k (±10%)
Property ID US92-0737922

Property summary

AI-generated overview

This exceptional 4,960 square foot mixed-use building, located at 10506 W Bluemound Rd in Wauwatosa, Wisconsin, presents a unique investment opportunity. The property, situated on a 0.23-acre lot (APN 4100105004), boasts a convenient central location directly across from the Milwaukee County Zoo, ensuring high visibility and accessibility. Built in 1970 and renovated in 2005 (ongoing), this two-story structure features a creative office/retail layout. The first floor offers flexible space ideal for retail or office use, with potential for expansion. The rear section, a two-story area, includes a 10-foot overhead door, perfect for service-based businesses requiring loading capabilities. The building is constructed of masonry and benefits from three rooftop HVAC units, a ballasted membrane roof, and municipal utilities. Power is supplied by 240v 3-phase electricity. Ample parking is provided in a controlled private lot accommodating 8-9 vehicles. A pole sign on Bluemound Road offers excellent signage opportunities. The property is zoned AA Business and enjoys high traffic volume, with 23,450 average daily traffic counts (2019 data). Real estate taxes for 2022 were $11,654.96. This vacant property is priced at $749,000 and offers significant potential for a variety of businesses.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1970
Total area 4,960 SF
Lot 0.23 ac (10,019 SF)
Zoning code C2
APN 410-0105-04
UPID US92-0737922

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$443k
Blend (final) Blend
$315k

Owner & transaction history

since 2026
Last sale
$533,000
3 recorded transactions
2026
$533,000
2025
$375,000
2005
$635,000

Zoning & alternative use

C2 · Wauwatosa, WI
Zoning description

The C2, General Commercial district accommodates a broad range of business and commercial uses. While designed to support regional shopping and commercial activity, the district also allows mixed-use, and multi-unit resi…

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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