5205 Ironwood Rd, Glendale, WI 53217-4907
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.
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.