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    FOR SALE
    Office buildings

    5055 N Lydell Ave, Glendale, WI 53217

    261,500 SF 14.44 ac lot Built 1956
    Individually Owned 5-yr Hold Free & Clear
    Property ID
    US92-0484453
    Property summary
    AI-generated overview

    This exceptional 233,328 square foot property, located at 5055 N Lydell Ave in Glendale, Wisconsin, presents a unique investment opportunity. Built in 1956 and renovated in 2002, this two-story building sits on a generous 15.56-acre lot and is zoned B-1: Local Business District, Sub Area A. The property boasts a versatile design, currently configured as executive office space with the potential for conversion to warehouse use, making it ideal for a variety of businesses. Its location in the highly desirable Northshore area offers excellent last-mile facility potential, with easy access to I-43 and major east/west arteries. The interior features loft-like office space with high ceilings, a commercial-grade kitchen, a dedicated data room, and a backup generator for reliable power. Security features include electronic passcard access, motion detectors, and security cameras. The property also benefits from its adjacency to the Oak Leaf Trail, providing employees and visitors with convenient access to recreational opportunities. One dock-high door is available for loading and unloading. This property offers a rare combination of size, location, and adaptability, making it an attractive investment for discerning buyers.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1956
    Total area 261,500 SF
    Lot 14.44 ac (629,006 SF)
    APN 203-8995-004
    UPID US92-0484453
    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
    $4.75M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $4.25M
    Owner & transaction history
    Phoenix Jcr Glendale Indl Inv · 5 yrs held
    Phoenix Jcr Glendale Indl Inv
    since 2021
    Last sale
    $3.8M
    1 recorded transaction
    2021
    $3.8M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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