200 Moorland Rd Brookfield, WI 53005-6037
This exceptional two-story, 9,000 square foot medical office building in Brookfield, WI, presents a lucrative investment opportunity. Situated on a 0.88-acre lot at 200 N Moorland Rd (zip code 53005), this property boasts 42 parking spaces and benefits from a B-3 zoning designation. Built in 1999, the building has undergone significant recent updates, including a new roof, HVAC system, resurfaced parking lot, upgraded lighting, renovated restrooms and locker rooms, enhanced security cameras, new condensers, and fresh interior paint. Currently operating as a successful salon and spa with private suites and chair rentals available, the property also holds an active wine and restaurant license. The high-traffic location, with approximately 34,311 cars passing daily, offers exceptional visibility. Its proximity to Brookfield Square, a vibrant shopping center featuring national retailers and restaurants, and its less-than-half-mile distance to Highway 94, further enhance its appeal. The property's current net operating income (NOI) is $265,000, representing an 8% capitalization rate (proforma available). This turnkey operation is ideally positioned for continued success and offers significant potential for future growth. The property's APN is BRC1111995001.
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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
B · Brookfield, WIBrookfield. Always verify with local authorities before improvements.
Costs & 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.