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Property profile & analytics
FOR LEASE
Commercial real estate

1190 Richards Rd Hartland, WI 53029

2.25 ac lot
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US92-0463858
Property summary
AI-generated overview

This exceptional industrial property, located at 1190 Richards Rd, Unit 3 & Unit 5 in Hartland, Wisconsin, offers two immediately available warehouse spaces, each spanning 2,400 square feet. Situated within the Bark River Commerce Center, this 1998-built facility boasts a total of 19,200 square feet, with 4,800 square feet currently vacant. Each unit provides a flexible layout ideal for various business needs. The space includes a large open office area, a convenient break room, a restroom, and a private office, enhancing functionality and comfort. A key feature is the inclusion of a small warehouse area with a drive-in door, providing efficient loading and unloading capabilities. The units benefit from a 14-foot ceiling height, offering ample vertical space for storage or equipment. The property is zoned B-4 and is located in Waukesha County, Wisconsin, with a zip code of 53029. This prime location offers easy access to major transportation routes, making it an attractive option for businesses requiring convenient logistics. The minimum divisible space is 2,400 square feet, and the maximum contiguous space available is also 2,400 square feet. This presents a unique opportunity for businesses seeking efficient and well-appointed warehouse space in a desirable location.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 2.25 ac (98,010 SF)
Zoning code B
APN HAV 0758999027
UPID US92-0463858
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$8.77M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$8.26M
Owner & transaction history
Waukesha Industrial Holdings LLC · 3 yrs held
Waukesha Industrial Holdings LLC
since 2023
Last sale
$7.7M
4 recorded transactions
2023
$7.7M
2020
$2.1M
2017
Price N/A
1969
Price N/A
Zoning & alternative use
B · Hartland, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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