Property profile

2050 Good Hope Rd Glendale, WI 53209

OFF-MARKET
Office buildings
Property ID
US92-0574590
8,200 SF 0.88 ac lot Built 1976
Trust Owned 12-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional executive office suite, located at 2050 W Good Hope Road in Glendale, Wisconsin, offers 1,143 square feet of move-in ready space within a larger 8,200 square foot building. The property, built in 1976, is a two-story structure ideally suited for a single tenant. The suite boasts ample natural light and is situated in a highly desirable location within Milwaukee County, zip code 53209. The building provides convenient parking, with a ratio of 2.8 spaces per 1,000 square feet. This presents a fantastic opportunity for businesses seeking a well-maintained, functional office space in a thriving area. The property is classified as an Executive Office and is currently available for lease. Its single-tenant occupancy ensures privacy and control over the space. The address is easily accessible and benefits from excellent visibility. The building's overall size and parking provisions cater to the needs of a professional office environment. This is a rare opportunity to secure a well-located, functional office space in a highly sought-after area of Glendale. Inquire today to learn more about leasing this exceptional property.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1976
Total area 8,200 SF
Lot 0.88 ac (38,115 SF)
APN 100-9015-000
UPID US92-0574590

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Law Firm
  • Loan Service Financial Advisor
  • Property Management Company
  • Townhouse Complex
  • Law Firm

Location

2050 Good Hope Rd Glendale, WI 53209-2801
Glendale metro Census 60102 MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.01M
Blend (final) Blend
$515k

Owner & transaction history

since 2014
1 recorded transaction
2014
Price N/A

Zoning & alternative use

Top alternative use upside
Apartment house (5+ units) $1.1M +64.5%
Restaurant $1.0M +60.5%
Auto repair, garage $980,000 +50.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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