15805 Overland Dr New Berlin, WI 53151-2814
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
M1 · New Berlin, WICosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.