New search
Property profile & analytics
FOR LEASE
Medical Office Space
377 W River Woods Pkwy, Glendale, WI 53212
Entity Owned
7-yr Hold
Free & Clear
Property ID
US92-0637338
For Lease
1 / 3
$16 SF/Yr
377 W River Woods Pkwy, Glendale, WI 53212
View Listing →
Property summary
AI-generated overview
This exceptional Class A office building, located at 377 W River Woods Parkway in Glendale, Wisconsin, offers a variety of executive office suites for lease. Built in 2004, the two-story building boasts a total of 43,740 square feet, providing ample space for businesses of all sizes. Multiple tenancy options are available, with suites ranging from a minimum of 1,598 square feet to a maximum contiguous space of 5,199 square feet. This presents a unique opportunity for businesses seeking flexible and adaptable workspaces. The property is conveniently situated in Milwaukee County, with easy access to major transportation routes. The building features 250 parking spaces, ensuring convenient parking for employees and clients. The property's modern design and prime location make it an ideal choice for businesses seeking a prestigious and functional office environment. The building's professional atmosphere is perfect for executive offices and other professional services. Interested parties are encouraged to inquire about available spaces and lease terms. The zip code is 53212.
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2004
Total area
43,740 SF
Lot
0.85 ac (37,026 SF)
APN
234-8021-001
UPID
US92-0637338
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.31M
Blend (final)
Blend
$3.63M
Owner & transaction history
Gahc4 Glendale Wi Mob LLC · 7 yrs held
Gahc4 Glendale Wi Mob LLC
since 2018
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$5.6M
+23.5%
Auto repair, garage
$5.2M
+15.9%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Glendale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Glendale submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$4,505,000
Current use
RESTAURANT
$5,560,000
Change: +24% · Conversion: Difficult
AUTO REPAIR, GARAGE
$5,215,000
Change: +16% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$4,070,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$3.63M
Range $3.27M – $3.99M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$83 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$121,968
Tax year 2022
Assessed value
$4,585,700
Assessed 2022
Previous assessed
$4,585,700
+0.0% YoY
Effective rate
2.66%
On assessed value
Assessed land
$80,000
Assessed improvement
$4,505,700
Total market value
$5,527,600
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Status
For Lease
Year built
2004
Heating
NONE
Total area
43,740 SF
Lot
0.85 ac (37,026 SF)
APN
234-8021-001
UPID
US92-0637338
Jurisdiction
MILWAUKEE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$4.5M
RESTAURANT
Est. value
$5.6M
AUTO REPAIR, GARAGE
Est. value
$5.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.1M
MEDICAL BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2004
Heating
NONE
Lot
0.85 ac
Current owner
From public records · entity-resolved
Gahc4 Glendale Wi Mob LLC
Entity
Free & Clear · 7 yrs held
Mailing address
18191 VON KARMAN AVE STE #300, IRVINE, CA 92612-7106
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 14, 2018
$7,600,000
Gahc4 Glendale Wi Mob LLC
Glendale Medical Dev Ptrs LLC
Grant Deed
—
Oct 4, 2017
—
Glendale Medical Dev Ptrs LLC
—
Trustees Deed
related
$750,000 · Tri Cty Nat'l Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
