Property summary
This exceptional multi-use property, located at 620 Elizabeth Ct in Brookfield, Wisconsin, presents a compelling investment opportunity. The 25,660 square foot building sits on a 3.02-acre lot and boasts a desirable 7.25% cap rate. Built in 1995 and extensively renovated in 2019, the property features a mix of retail (4,500 SF), office (5,150 SF), and warehouse space (16,010 SF), plus an additional 700 square feet of second-floor office space. The building's versatile layout caters to a variety of business needs. Improvements completed in 2019 include a new 60-mil ballasted rubber membrane roof, updated HVAC and LED lighting systems, and a fully renovated office and retail showroom. The property includes 143 parking spaces and two grade-level loading docks. Constructed with poured concrete panels and equipped with a wet sprinkler system, the building offers exceptional durability and safety. Currently fully leased to Authentic Sport Specialty until June 30th, 2029, this property provides immediate cash flow and long-term stability. Its strategic location just off Bluemound Road, minutes from the Goerkes Corners interchange, ensures high visibility and easy access to major transportation routes. This is a rare opportunity to acquire a flexible, high-performing asset in one of Southeastern Wisconsin's most dynamic commercial corridors. The asking price is $4,200,000.
Property profile
VerifiedCap rate & NOI
Current use
-
(Bike/Boat/Book/etc) Store
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Corporate Office
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Brookfield market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
B · Brookfield, WIZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for B in Brookfield, WI.
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Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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