10555 Parnell Ave Hales Corners, WI 53130-2000
This exceptional two-story, 6,435 square foot office building in Hales Corners, Wisconsin, presents a compelling investment opportunity. Located at 10555 W Parnell Ave, 53130, this property boasts five individual suites, many featuring private bathrooms, and shared men's and women's restrooms on the lower level. The building sits on a 0.48-acre lot and includes 28 parking spaces, ensuring ample convenience for tenants and visitors. Recently renovated, the building features a new elevator installed during the upper-level South space renovation. The lower level has also undergone recent renovations. The property benefits from long-term tenants, a well-maintained roof, and excellent mechanical systems. Built in 1970, the building is zoned B-4 and offers a strong net operating income (NOI) of $45,048, with an asking price of $629,900 ($10 per square foot). This prime location on the edge of a thriving shopping district in a high-income community makes this a secure and profitable investment. Detailed financials are available upon request.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.