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Property profile & analytics
OFF-MARKET Estimated value $4,900,000
Medical Office Space

1211 Dolphin Ct Waukesha, WI 53186-1488

21,710 SF 2.87 ac lot Built 2015
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US92-1841271
Property summary
AI-generated overview

This exceptional retail property, located at 1211 Dolphin Ct in Waukesha County, offers a substantial 21,571 square feet of single-tenant space currently fully occupied. The building boasts a modern and efficient design, constructed with precast concrete panels for durability and aesthetic appeal. Energy-efficient LED lighting is installed throughout the interior and exterior, minimizing operating costs. The property is ideally suited for a variety of retail businesses seeking a prominent location in a thriving market. With its substantial size and strategic location within Waukesha County, this property presents a rare opportunity for a business seeking to establish or expand its presence. The building's single-tenant occupancy ensures a streamlined and efficient operational environment. The absence of vacant space underscores the high demand and desirability of this location. Interested parties are encouraged to inquire for further details and leasing information. This fully occupied, 21,571 square foot retail space represents a significant investment opportunity in a prime Waukesha County location. The modern construction and energy-efficient features contribute to both operational efficiency and long-term value. The property's current occupancy highlights its strong market position and potential for continued success. This is a turnkey solution for a business seeking immediate occupancy in a high-traffic area.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2015
Total area 21,710 SF
Lot 2.87 ac (125,017 SF)
Zoning code M-3
APN WAKC1007033
UPID US92-1841271
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
Current use
Occupant on record · Public records
  • 24/7 TowTruck Waukesha WI Auto Repair Shop
  • Dental Associates Waukesha Dental Office
  • Shuwei Wang Dental Office
  • Dr. Robert Ambrookian Dental Office
  • Dr. Richard Grzybowski Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$4.90M
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.72M
Blend (final) Blend
$4.90M
Owner & transaction history
Gencap Dolphin LLC · 2 yrs held
Gencap Dolphin LLC
since 2024
Last sale
$4.9M
7 recorded transactions
2024
$4.9M
2020
Price N/A
2018
Price N/A
2018
$4.6M
2015
Price N/A
2015
$211,000
2013
Price N/A
Zoning & alternative use
M-3 · Waukesha, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

To provide for the development of an attractive and aesthetic grouping of limited light industrial uses, offices, corporate headquarters, and support facilities in a park like setting, the district is further intended to promote properly arranged traffic and parking facilities, and to promote landscaping which will provide for an attractive setting, minimizi…

Zone name Limited Business And Industrial Park
General category INDUSTRIAL
Zone area 390.47 ac
Source Realmo
Top alternative use upside
Restaurant $3.8M +6.4%
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