Property profile

1240 Ranchito Ln Mequon, WI 53092

OFF-MARKET
Commercial real estate
Property ID
US92-1277798
0.92 ac lot
Entity Owned 26-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 7,344-square-foot executive office building is available for lease in Mequon, Wisconsin. Located at 1240 W Ranchito Lane, this single-tenant property sits on a 0.92-acre lot and offers ample space for a discerning business. Built in 1984, the three-story building boasts a total of 37 parking spaces, ensuring convenient access for employees and clients. The property is fully vacant, presenting a unique opportunity for a business to customize the space to its exact specifications. The building's electrical power is sufficient for current needs. The zoning designation is B-2, allowing for a variety of commercial uses. The property's Assessed Parcel Number (APN) is 151070102000, and it's situated in Ozaukee County, Wisconsin, with a Mequon zip code of 53092. This prime location offers easy access to local amenities and major transportation routes. The entire 7,344 square feet is available for lease, providing a significant opportunity for a company seeking a substantial and well-located office space. This is a rare opportunity to secure a substantial, well-maintained office building in a desirable location.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.92 ac (40,032 SF)
APN 15-107-01-020.00
UPID US92-1277798

Cap rate & NOI

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

Location

1240 Ranchito Ln Mequon, WI 53092-6089
Mequon metro Census 660303 MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$275k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$275k

Owner & transaction history

since 2000
1 recorded transaction
2000
Price N/A

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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