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Property profile & analytics
FOR LEASE
Office buildings
4655 N Port Washington Rd, Glendale, WI 53212
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US92-0433196
For Lease
1 / 25
$15 SF/Yr
4655 N Port Washington Rd, Glendale, WI 53212
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Property summary
AI-generated overview
This exceptional Class A medical office building, located at 4655 N Port Washington Rd in Glendale, Wisconsin, offers immediate occupancy in multiple suites. Situated in Milwaukee County, zip code 53212, this three-story building boasts a total of 30,611 square feet. The property features a strong existing tenant mix, anchored by Children's Hospital of Wisconsin Pediatrics, ensuring a high-quality medical environment. Individual suites range from a minimum of 795 square feet to a maximum contiguous space of 1,557 square feet, with a total of 2,352 square feet currently vacant and ready for immediate lease. The building provides ample parking, with a ratio of 4.00 spaces per 1,000 square feet. Its convenient location offers easy access to Bayshore Towne Center, providing excellent visibility and accessibility for patients and staff. This is an unparalleled opportunity to establish or expand your medical practice in a thriving, established medical community. Contact us today to schedule a viewing and discuss your leasing needs. The property is conveniently located near the intersection of N Port Washington Rd and other major thoroughfares.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2003
Total area
33,702 SF
Lot
1.43 ac (62,334 SF)
APN
233-1000-003
UPID
US92-0433196
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
Current use
Occupant on record · Public records
-
Greensquare Developmental Specialists-Glendale-Children's Wisconsin Medical Clinic
-
River Glen Pediatrics-Children's Wisconsin Medical Clinic
-
Dave F. Mccoy PT Alternative Medicine Practice Spa & Massage Center
-
Cheryl M Cameron, MD Pediatrician Medical Clinic
-
Greater Milwaukee Center for Health and Wellness, Inc. Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.38M
CAP Approach
CAP
$6.33M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.25M
Owner & transaction history
Bsf1 Glendale Opco LLC · 4 yrs held
Bsf1 Glendale Opco LLC
since 2022
Last sale
$8.0M
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$6.2M
+133.0%
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
$9,620,000
ML approach
$9,375,000
CAP Approach
CAP Return
Estimation
6%
$6,850,000
6.5%
$6,325,000
7%
$5,870,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$6,220,000
Change: +133% · Conversion: Easy
Blend value · Realmo final
$8.25M
Range $7.42M – $9.07M · ±10% · vs last sale $7.95M (Apr 29 2022)
Last sale anchor
$7.95M
Apr 29 2022
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
$245 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$89,860
Tax year 2023
Assessed value
$3,279,700
Assessed 2023
Previous assessed
$3,279,700
+0.0% YoY
Effective rate
2.74%
On assessed value
Assessed land
$640,000
Assessed improvement
$2,639,700
Total market value
$4,467,000
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
2003
Total area
33,702 SF
Lot
1.43 ac (62,334 SF)
APN
233-1000-003
UPID
US92-0433196
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
APARTMENT HOUSE (5+ UNITS)
Est. value
$6.2M
APARTMENT HOUSE (5+ UNITS)
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
2003
Lot
1.43 ac
Current owner
From public records · entity-resolved
Bsf1 Glendale Opco LLC
Entity
Mailing address
4849 GREENVILLE AVE #1270, DALLAS, TX 75206-4130
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
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
Jun 17, 2022
—
Bsf1 Glendale Opco LLC
Bsf1 Glendale LLC
Lease
$189,033,294 · Bmo Harris Bank NA
Apr 29, 2022
$7,950,000
Bsf1 Glendale LLC
Sep Glendale Mob LLC
Special Warranty Deed
—
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.
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