Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    1317 Towne Sq Rd Mequon, WI 53092-5017

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1317 Towne Sq Rd Mequon, WI 53092-5017

    View on Map
    • Commercial real estate
    • 0.68 lot acres
    Off-Market
    Property ID
    US92-0566845
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 1317 Towne Sq Rd

    Lot size
    0.68 lot acres
    Property type
    Commercial real estate
    APN
    15-129-00-040.00
    APU
    151290004000

    Description

    East Towne Square Condominium offers a fantastic 900 square foot office space for lease within a 6,000 square foot Class B building. This multi-tenant building boasts a prime location in Ozaukee County, offering convenient access to I-43 and the surrounding communities of Mequon, Glendale, and Bayside. The property is ideally situated near the University School of Milwaukee (USM) school systems and benefits from a vibrant mix of retail and dining options along Port Washington and Mequon Road. Ample free parking is available for tenants and their guests, with a total of 31 spaces provided. The building features prominent monument signage opportunities, enhancing visibility and brand recognition. This executive office space is perfect for businesses seeking a professional and convenient location with easy access to major transportation routes and a wealth of amenities. The space is immediately available and ready for occupancy. The building offers a close-knit community feel with ownership and management readily accessible. This is a rare opportunity to secure a well-located, functional office space in a desirable area. The available space is categorized as both Executive and Traditional Office space, offering flexibility for various business needs.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Mequon
    County
    Ozaukee
    State
    Wisconsin
    Longitude
    -87.9259
    Latitude
    43.2189
    CBSA code
    33340
    CBSA name
    MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $7,591
    $231,200
    $323,600
    $554,800
    -
    $0.00
    $0.00
    $660,600

    Comparable in this City

    • Value Estimation by Request
      12.06 Acres

      7211 Mequon Rd

      COMMERCIAL (GENERAL) • 12.06 Acres
      7211 Mequon Rd, Mequon, WI 53092-1826
      View Details
    • Value Estimation by Request
      2.38 Acres

      6300 Mequon Rd, Unit 6400

      COMMERCIAL (GENERAL) • 2.38 Acres
      6300 Mequon Rd, Mequon, WI 53092-1858
      View Details
    • Value Estimation by Request
      0.95 Acres

      10130 Prt Washington Rd

      COMMERCIAL (GENERAL) • 0.95 Acres
      10130 Prt Washington Rd, Mequon, WI 53092-5741
      View Details
    • Value Estimation by Request
      0.69 Acres

      10224 Prt Washington Rd

      COMMERCIAL CONDOMINUIM • 0.69 Acres
      10224 Prt Washington Rd, Mequon, WI 53092-5754
      View Details
    • Value Estimation by Request
      1.85 Acres

      10303 Prt Washington Rd

      COMMERCIAL (GENERAL) • 1.85 Acres
      10303 Prt Washington Rd, Mequon, WI 53092-5760
      View Details
    • Value Estimation by Request
      1.21 Acres

      10432 Prt Washington Rd

      COMMERCIAL (GENERAL) • 1.21 Acres
      10432 Prt Washington Rd, Mequon, WI 53092-5535
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Development Opportunity on Port Washington

      Pad-ready land suitable for retail, office, or healthcare development.
      10865 N Port Washington Rd, Mequon, WI 53092
      View Details
    • Contact for pricing

      Mequon Land For Sale

      Land available for sale in Mequon, Wisconsin.
      10401 N Cedarburg Rd, Mequon, WI 53092
      View Details
    • Contact for pricing

      Mequon Office Sublease Opportunity

      Office space with separate entrance, large offices, and conference room.
      1351 W Towne Square Rd, Mequon, WI 53092
      View Details
    • Contact for pricing
      7,500 SF

      Mequon Retail Space For Rent

      Retail space available in a modern building with ample parking.
      10040-10046 N Port Washington Rd, Mequon, WI 53092
      View Details
    • Contact for pricing
      128,333 SF

      Mequon Commercial Property for Sale

      Commercial property available for sale in Mequon, Wisconsin.
      10400 N Enterprise Dr, Mequon, WI 53092
      View Details
    • Contact for pricing
      7,500 SF

      Mequon Commercial Building For Sale

      High-visibility commercial building with ample parking and modern design.
      10040-46 N Port Washington Rd, Mequon, WI 53092
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      35,654 SF

      Mequon Office Space: Suite A

      Newly renovated, move-in ready office space.
      10375 Baldev Ct, Mequon, WI 53092
      View Details
    • Contact for pricing
      18,000 SF

      Mequon Office/Retail Space Available

      18,000 SF Divisible, High Visibility
      1550 Mequon Rd, Mequon, WI 53092
      View Details
    • Contact for pricing

      Mequon Retail Spaces Available

      Retail spaces available, ranging from 1,760 to 2,124 SqFt.
      1300-1412 W Mequon Rd, Mequon, WI 53092
      View Details
    • Contact for pricing

      Mequon Office Space For Lease

      Office space available for lease in Mequon, Wisconsin.
      10521 N Port Washington Rd, Mequon, WI 53092
      View Details
    • Contact for pricing
      1,685 SF

      Riversite Center Retail Space

      Retail space for lease in Riversite Center, Mequon, WI.
      11120-11140 N Cedarburg Rd, Mequon, WI 53092
      View Details
    • Contact for pricing
      1,975 SF

      Thiensville Retail Space For Lease

      Retail space in the heart of Thiensville with ample parking.
      217-227 N Main St, Thiensville, WI 53092
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1317 Towne Sq Rd
    Mequon, WI 53092-5017
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    1317 Towne Sq Rd, Mequon, WI, 53092

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!