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2762 S Moorland Rd New Berlin, WI 53151

Commercial real estate Google Maps
1,760 SF 0.85 ac lot Built 1946
Individually Owned 19-yr Hold Free & Clear
2762 S Moorland Rd, New Berlin, WI 53151 For Sale
Contact for pricing 1,760 SF
2762 S Moorland Rd, New Berlin, WI 53151
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Estimated value (blended)
$285k
Range $257k – $314k (±10%)
Property ID US92-0967531

Property summary

AI-generated overview

This exceptional 85-acre commercial land parcel presents a unique investment opportunity in New Berlin, Wisconsin. Strategically located just south of the intersection of South Moorland Road and West Cleveland Avenue, this property boasts significant visibility and accessibility. The site is zoned O3 Transitional Office District, offering flexibility for a variety of commercial developments. Utilities are readily available, with sewer and water lines located at the lot line. The property features approximately 130 feet of frontage on South Moorland Road, according to GIS data. High traffic counts, averaging 30,000 vehicles per day according to Wisconsin Department of Transportation data, ensure excellent exposure for any future development. The property's tax key number is NBC 1195969, and the 2023 property taxes totaled $2,870.15. This prime location in Waukesha County, Wisconsin, with its convenient access to major roadways and a thriving business community, makes this an ideal site for a wide range of commercial ventures. The property's size and zoning provide ample opportunity for significant development and return on investment. The address is 2762 S Moorland Rd, New Berlin, WI 53151.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1946
Total area 1,760 SF
Lot 0.85 ac (37,070 SF)
Zoning code O3
APN NBC 1195969
UPID US92-0967531

Cap rate & NOI

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

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$285k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$285k

Owner & transaction history

since 2007
1 recorded transaction
2007
Price N/A

Zoning & alternative use

O3 · New Berlin, WI

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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