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    Property profile & analytics
    FOR SALE
    Commercial real estate

    3830 S Moorland Rd, New Berlin, WI 53151

    12,690 SF 1.19 ac lot Built 2000
    Entity Owned 3-yr Hold ~ Est. High Equity
    Property ID
    US92-3471870
    Property summary
    AI-generated overview

    This exceptional four-tenant shopping center in New Berlin, Wisconsin, presents a compelling investment opportunity. Boasting 12,890 square feet of 100% occupied retail space, the property offers a stable and attractive cash flow with a strong 8.15% capitalization rate and a net operating income (NOI) of $187,439. Built in 2000, the well-maintained center benefits from a prime location at the corner of Moorland Road (28,000+ cars daily) and National Avenue (15,000+ cars daily), situated as an outlot of the Moorland Square shopping center anchored by Pick N Save. The staggered lease terms further enhance the investment's stability. The property serves a substantial market, with a population exceeding 42,000 within a three-mile radius and a median household income over $88,000, ensuring strong tenant demand and long-term value. The asking price is $2,300,000, translating to a price per square foot of $178.43. This stabilized investment offers a rare combination of high occupancy, strong cash flow, and a desirable location in a thriving retail corridor. The property's strategic positioning and robust demographics make it an ideal addition to any investment portfolio. This is a turnkey opportunity for investors seeking immediate returns and long-term growth potential.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 2000
    Total area 12,690 SF
    Lot 1.19 ac (51,662 SF)
    Zoning code B1
    APN NBC 1207961
    UPID US92-3471870
    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
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Waukesha County · 3 yrs held
    Waukesha County
    since 2023
    Last sale
    $51,500
    7 recorded transactions
    2026
    2023
    $51,500
    2022
    2020
    2015
    $910,000
    2004
    $2.1M
    2000
    $350,000
    Zoning & alternative use
    B1 · New Berlin, WI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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