Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET Estimated value $725,000
    Office buildings

    5205 Ironwood Rd, Glendale, WI 53217-4907

    20,238 SF 1.46 ac lot Built 1976
    Entity Owned 9-yr Hold ~ Est. High Equity
    Property ID
    US92-0286321
    Property summary
    AI-generated overview

    Ironwood Office Park presents a compelling investment opportunity in Milwaukee's North Shore submarket. This Class C office building, totaling 21,114 square feet, offers flexible space options ideal for a variety of businesses. Currently, 3,871 square feet are vacant, divisible into units ranging from a minimum of 304 square feet to a maximum contiguous space of 2,618 square feet. The property features a single, two-story building situated on a generous 2.2-acre lot. Its traditional office layout is complemented by executive office suite options, catering to diverse business needs. The multiple tenancy structure allows for a flexible approach to leasing, making it suitable for both established companies seeking expansion and smaller businesses looking for a professional workspace. Located in Milwaukee County, this property benefits from the area's established infrastructure and accessibility. The available space presents a unique chance to secure a well-positioned office in a thriving Milwaukee neighborhood. Interested parties are encouraged to inquire for further details and leasing options. The property's size and layout offer significant potential for customization and adaptation to suit specific business requirements. This is an excellent opportunity to establish a presence in a desirable Milwaukee location.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1976
    Total area 20,238 SF
    Lot 1.46 ac (63,815 SF)
    APN 196-8002-000
    UPID US92-0286321
    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
    $700k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $838k
    Blend (final) Blend
    $725k
    Owner & transaction history
    Odg Ironwood LLC · 9 yrs held
    Odg Ironwood LLC
    since 2017
    6 recorded transactions
    2017
    2017
    $2.4M
    2011
    $2.6M
    2010
    $2.2M
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 5205 Ironwood Rd?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message