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5005 Loomis Rd Greenfield, WI 53220-5053

OFF-MARKET Commercial real estate Google Maps
7,976 SF 0.64 ac lot
Entity Owned Absentee Owner ~ Est. High Equity
Estimated value (blended)
$445k
Range $401k – $490k (±10%)
Property ID US92-0517002

Property summary

AI-generated overview

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.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Total area 7,976 SF
Lot 0.64 ac (27,878 SF)
APN 647-9977-002
UPID US92-0517002

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.51M
Comparable Approach Comparable
$1.43M
Blend (final) Blend
$445k

Owner & transaction history

since 2026
Last sale
$1.5M
4 recorded transactions
2026
$1.5M
2024
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Apartment house (5+ units) $1.6M +4.7%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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