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Property profile & analytics
OFF-MARKET Estimated value $9,115,000
Warehouses

1718 Pearl St Waukesha, WI 53186-5626

103,120 SF 5.74 ac lot Built 1995
Entity Owned 3-yr Hold Free & Clear
Property ID
US92-1302192
Property summary
AI-generated overview

This exceptional industrial property, located in Waukesha County, offers a substantial 102,947 square feet of warehouse space for lease. The property consists of two buildings, constructed in 1995, situated on a 10.58-acre lot (5.73 acres usable). The space is currently entirely vacant and available for immediate occupancy. The minimum leasable area is 45,000 square feet, with the possibility of leasing the entire 102,947 square feet contiguously. The warehouse boasts impressive features including a 27-foot ceiling height, providing ample vertical storage capacity. Efficient loading and unloading is ensured with 16 loading docks and one drive-in door. The property is zoned M-2 General Manufacturing District, making it suitable for a variety of industrial uses. Power is provided by an 800 amp, 120/208 volt, 3-phase system. This is a rare opportunity to secure a large, well-maintained warehouse in a desirable location. The property's size, features, and location make it an ideal choice for businesses seeking significant warehouse space in Waukesha County. Contact us today to schedule a viewing and explore the possibilities.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1995
Total area 103,120 SF
Lot 5.74 ac (250,034 SF)
Zoning code M-2
APN WAKC1299030
UPID US92-1302192
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
Current use
Occupant on record · Public records
  • ABB INC C/O ODW LOGISTICS Logistics Company Freight Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$9.63M
CAP Approach CAP
$7.01M
Comparable Approach Comparable
$7.23M
Blend (final) Blend
$9.12M
Owner & transaction history
Srrt Pearl Street LLC · 3 yrs held
Srrt Pearl Street LLC
since 2023
Last sale
$10.3M
4 recorded transactions
2023
$10.3M
2021
$9.8M
2021
$11.7M
2000
Price N/A
Zoning & alternative use
M-2 · Waukesha, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

To provide for manufacturing and industrial development of a more general and less restrictive nature than the M-1 Limited Manufacturing District in those areas where the relationship to surrounding land use would create fewer problems of compatibility, the M-2 District shall not abut directly upon residential districts

Zone name General Manufacturing
General category INDUSTRIAL
Zone area 1,179.67 ac
Source Realmo
Top alternative use upside
Apartment house (5+ units) $14.3M +16.6%
Retail stores $13.1M +6.7%
Industrial (general) $12.3M +0.3%
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