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Property profile & analytics
OFF-MARKET Estimated value $2,200,000
Manufacturing properties

15805 Overland Dr New Berlin, WI 53151-2814

2.48 ac lot
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US92-0968303
Property summary
AI-generated overview

This exceptional 35,561-square-foot industrial property in New Berlin, Wisconsin, presents a rare investment opportunity. Located at 15805 W Overland Dr, 53151, within Waukesha County, this facility boasts a desirable M-1 zoning designation. Built in 1970 and extensively renovated in 1997, the building offers a blend of classic construction and modern upgrades. The asking price is $2,995,000, translating to a competitive price per square foot of $84.22. The property features three dock-high doors, providing convenient loading and unloading capabilities, complemented by drive-in access for added flexibility. A significant advantage is the heavy power distribution system installed throughout the facility, catering to the needs of energy-intensive manufacturing processes. The high ceilings, measuring 16 feet, maximize vertical space and operational efficiency. Benefit from the low Waukesha County tax rates, making this a financially attractive proposition. This property is ideally suited for a variety of manufacturing and warehouse operations, offering a substantial footprint and excellent infrastructure. The entire 35,561 square feet is net rentable, maximizing usable space. This is a prime opportunity to acquire a well-maintained, strategically located industrial asset in a thriving Wisconsin market. The recent price reduction makes this an even more compelling investment.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Lot 2.48 ac (108,029 SF)
Zoning code M1
APN NBC 1189013
UPID US92-0968303
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.20M
Owner & transaction history
Rabbit Tracks LLC · 1 yrs held
Rabbit Tracks LLC
since 2025
Last sale
$2.2M
4 recorded transactions
2025
Price N/A
2025
$2.2M
2022
$15,000
1969
Price N/A
Zoning & alternative use
M1 · New Berlin, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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