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    Property profile & analytics
    OFF-MARKET Estimated value $1,905,000
    Office buildings

    5235 Ironwood Rd 37, Glendale, WI 53217-4906

    32,040 SF 3.62 ac lot Built 1963
    Entity Owned Free & Clear
    Property ID
    US92-0563478
    Property summary
    AI-generated overview

    This exceptional 32,000 square foot commercial building is situated on a 3.6-acre lot in Glendale, Wisconsin, offering a prime location just one mile from the I-43 exit. Recently remodeled, the property boasts extensive office space, perfectly suited for a single large tenant or easily divisible for multiple occupants. The interior features numerous private offices, providing ample space for individual work and team collaboration. A significant number of well-appointed conference rooms are also included, catering to various meeting needs and sizes. The building's modern design and recent renovations ensure a high-quality, efficient workspace. The convenient location offers excellent accessibility for employees and clients, with easy access to major transportation routes. The expansive 3.6-acre lot provides ample parking and potential for future expansion or development. This property presents a unique opportunity for businesses seeking a modern, well-equipped office space in a highly desirable location. The flexible layout allows for customization to suit a variety of business needs and sizes, making it an ideal investment for both established companies and growing enterprises. The asking price is $1,900,000. Serious inquiries are encouraged.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1963
    Total area 32,040 SF
    Lot 3.62 ac (157,818 SF)
    APN 196-8996-000
    UPID US92-0563478
    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
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $2.54M
    Blend (final) Blend
    $1.91M
    Owner & transaction history
    Direct Outdoor LLC
    Direct Outdoor LLC
    since 2026
    Last sale
    $1.5M
    7 recorded transactions
    2026
    2025
    2025
    $1.5M
    2020
    2020
    2020
    2016
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Neighborhood: shopping center $3.0M +17.4%
    Commercial (general) $2.8M +9.5%
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