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Property profile & analytics
OFF-MARKET Estimated value $10,850,000
Manufacturing properties

16250 Glendale Dr New Berlin, WI 53151-2840

15.09 ac lot
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US92-3453781
Property summary
AI-generated overview

This exceptional 255,100-square-foot manufacturing facility is situated on a generous 21-acre lot in New Berlin, Wisconsin, at 16250 W. Glendale Dr, zip code 53151. Built in 1983 and extensively renovated in 2014, this two-story building offers a single-tenant occupancy opportunity. The property boasts impressive features including a 24-foot ceiling height, providing ample vertical space for various manufacturing processes. Access is facilitated by six dock-high doors and seven drive-in doors, ensuring efficient loading and unloading of goods. Ample parking is available with 442 spaces. The property is zoned M-2 General Industrial, allowing for a wide range of industrial uses. Power is substantial, ranging from 2,000 KVA to 2,500 KVA Volts and 600 to 4,000 Amps. The property's APN is 1190027 & NBC 1190027011 in Waukesha County. Currently, the entire 255,100 square feet is vacant, presenting a unique opportunity for a single tenant to occupy this expansive and well-equipped facility. This property represents a significant opportunity for businesses seeking a large, well-maintained industrial space in a prime location.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Lot 15.09 ac (657,277 SF)
Zoning code M2
APN NBC 1190027
UPID US92-3453781
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
$10.85M
Owner & transaction history
Nb Industrial LLC · 1 yrs held
Nb Industrial LLC
since 2025
Last sale
$10.9M
7 recorded transactions
2025
$10.9M
2012
$9.0M
2010
Price N/A
2006
$7.3M
2000
$5.8M
2000
Price N/A
2000
$490,000
Zoning & alternative use
M2 · New Berlin, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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