360 Bluemound Rd Waukesha, WI 53188-1752
This exceptional 16,000-square-foot Class B medical office building, located at 360 Bluemound Road in Waukesha, Wisconsin, presents a unique investment opportunity. Originally constructed in 2000 and extensively renovated in 2022, the property offers a versatile layout ideal for a variety of medical uses. The open floor plan, featuring minimal load-bearing walls and columns, allows for flexible interior design and customization to suit specific tenant needs. The building sits on a 2.06-acre lot and includes 60 surface parking spaces, ensuring ample convenience for staff and patients. Its prime location provides easy access to I-94 and Pewaukee Road, placing it within a 5-10 minute drive of Waukesha, Pewaukee, and the Corners of Brookfield. The property's prominent location also allows for monument signage, enhancing visibility and brand recognition. The asking price is $2,640,000. This multi-tenant building is zoned for medical office use, but its adaptable design makes it suitable for other uses such as therapy groups or daycare centers. The APN is WAKC0966075. This is a rare opportunity to acquire a well-maintained, strategically located medical facility with significant upside potential.
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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-4 (PUD) · Waukesha, WIWaukesha. 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.