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    707 W Moreland Blvd Waukesha, WI 53188
    Property profile & analytics

    707 W Moreland Blvd Waukesha, WI 53188

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    • Office buildings
    • 18,808 SF
    • 1.37 lot acres
    For Sale
    $1,225,000
    View Listing →
    Waukesha Office Space For Rent For Sale
    $1,225,000
    925 SF

    Waukesha Office Space For Rent

    Office space near Waukesha County Courthouse and downtown area.

    707 W Moreland Blvd, Waukesha, WI
    View Listing
    Property ID
    US92-1073634
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Ochalek Claudia J / Counselor
    • Romona Powers / Counselor / Marriage Or Relationship Counselor
    • De Guire Mary Carol / Dental Office
    • Richard Voigt / Dental Office
    • Karnowski Jessica / Dental Office

    Property Details for 707 W Moreland Blvd

    Year built
    1978
    Lot size
    1.37 lot acres
    Property size
    18,808 SF
    Zone code
    B-4
    Property type
    Office buildings
    APN
    WAKC0999999
    APU
    WAKC0999999

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,322,000
      Market price range: $1.76M - $12.8M
      AI Estimate
      $1,952,000
      Market price range: $1.24M - $7.15M

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Waukesha
    County
    Waukesha
    State
    Wisconsin
    Longitude
    -88.2362
    Latitude
    43.0242
    CBSA code
    33340
    CBSA name
    MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $14,529
    $339,900
    $618,200
    $958,100
    -
    $0.00
    $0.00
    $991,925

    Comparable in this City

    • Value Estimation
      $7,455,000
      34,774 SF

      2727 Grandview Blvd

      OFFICE BUILDING • 34,774 SF
      2727 Grandview Blvd, Waukesha, WI 53188-6100
      View Details
    • Value Estimation
      $4,995,000
      23,432 SF

      3228 Turnberry Oak Dr

      OFFICE BUILDING • 23,432 SF
      3228 Turnberry Oak Dr, Waukesha, WI 53188-3969
      View Details
    • Value Estimation
      $1,205,000
      3,435 SF

      2420 Grandview Blvd

      OFFICE BUILDING • 3,435 SF
      2420 Grandview Blvd, Waukesha, WI 53188-1605
      View Details
    • Value Estimation by Request
      3,566 SF

      400 Moreland Blvd

      OFFICE BUILDING • 3,566 SF
      400 Moreland Blvd, Waukesha, WI 53188-2401
      View Details
    • Value Estimation
      $3,550,000
      15,600 SF

      1600 Smt Ave

      OFFICE BUILDING • 15,600 SF
      1600 Smt Ave, Waukesha, WI 53188-3236
      View Details
    • Value Estimation
      $5,430,000
      24,669 SF

      210 Barstow St

      OFFICE BUILDING • 24,669 SF
      210 Barstow St, Waukesha, WI 53188-3771
      View Details

    Similar Nearby for Sale

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      Riverwood Corporate Center Office Property

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      Waukesha Office Building Investment

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      Downtown Waukesha Former City Annex

      Former city annex building in downtown Waukesha for sale.
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    • $1,225,000
      15,728 SF

      Waukesha Office Space For Rent

      Office space near Waukesha County Courthouse and downtown area.
      707 W Moreland Blvd, Waukesha, WI 53188
      View Details
    • $143,900
      14,374 SF

      Land Lot in Howell Oaks

      Land lot in Waukesha County Parks system.
      3808 Oakmont Trl, Waukesha, WI 53188
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    • $159,900
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      Residential Land in Waukesha, WI

      Vacant land in Waukesha's Skyline neighborhood, perfect for families.
      Lt13 Viewpoint Ave, Waukesha, WI 53188
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    Similar Nearby for Lease

    • Contact for pricing

      Office Space Near I-94

      Office building with high visibility and convenient highway access.
      2607 N Grandview Blvd, Waukesha, WI 53188
      View Details
    • $19 SF/Yr
      2,036 SF

      Waukesha Office Space For Rent

      Class B office building in Waukesha, newer construction, great location.
      3228 Turnberry Oak Dr, Waukesha, WI 53188
      View Details
    • Contact for pricing

      Pewaukee Office Space Available

      Office spaces for rent, ranging from 33,500 to 125,000 SqFt.
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      Waukesha Data Center and Office

      Two-story data center with office space for lease.
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      Waukesha Office Space For Lease

      Office space available for lease in Waukesha, Wisconsin.
      3228 Turnberry Oak Dr, Waukesha, WI 53188
      View Details
    • $11 SF/Yr
      12,204 SF

      Modern Office Space Available

      Multi-tenant office property with renovated common areas and ample parking.
      N14W23755 Stone Ridge Dr, Waukesha, WI 53188
      View Details
    View Listing
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    Waukesha, WI 53188
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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