5005 Loomis Rd Greenfield, WI 53220-5053
This exceptional investment opportunity presents a 10,023-square-foot multi-tenant office building situated on a high-traffic intersection in Greenfield, Wisconsin. The property, located at 5005 W Loomis Rd, boasts convenient access to major freeways, placing it minutes from downtown Milwaukee. The 1.5-acre site includes two lots and offers numerous ingress/egress points on Edgerton and Loomis Roads, ensuring easy accessibility for tenants and customers. With a daily traffic count of 25,200 vehicles, this location is highly visible and attractive to businesses. The property's current income stream makes it an ideal value-add opportunity for an investor seeking to capitalize on the strong demand in the area. Recent development in the region underscores the desirability of this location. The existing building presents a prime redevelopment opportunity, allowing for significant potential to increase value and rental income. This property is perfect for an owner-occupant or an investor looking for a strong return on investment in a thriving market. The property is zoned for office use and offers significant potential for future development. The asking price is $1,350,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
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
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.