Property profile

5235 Ironwood Rd 37 Glendale, WI 53217

OFF-MARKET
Office buildings
Property ID
US92-0563478
32,040 SF 3.62 ac lot Built 1963
Entity Owned Free & Clear
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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

Current use

Occupant on record · Public records
  • Charitable Organization Social Service Agency
  • Social Service Agency Charitable Organization

Location

5235 Ironwood Rd, Unit 37 Glendale, WI 53217-4906
Glendale metro Census 60200 MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.54M
Blend (final) Blend
$3.01M

Owner & transaction history

since 2026
Last sale
$1.5M
7 recorded transactions
2026
Price N/A
2025
Price N/A
2025
$1.5M
2020
Price N/A
2020
Price N/A
2020
Price N/A
2016
Price N/A

Zoning & alternative use

Top alternative use upside
Neighborhood: shopping center $3.0M +17.4%
Commercial (general) $2.8M +9.5%

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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