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Property profile & analytics
FOR SALE
Office buildings

8200 W Brown Deer Rd Milwaukee, WI 53223

25,730 SF 1.99 ac lot Built 1978
Individually Owned 18-yr Hold ~ Est. High Equity
Property ID
US92-3520452
Property summary
AI-generated overview

This exceptional 22,000 square foot mixed-use commercial property, located at 8200 W Brown Deer Road in Milwaukee, Wisconsin, presents a unique investment opportunity. The building, constructed in 1974 and extensively renovated in 2007, boasts a Class B rating and is situated on a highly trafficked section of Brown Deer Road, ensuring excellent visibility and accessibility. The property's versatile layout includes space previously configured as a fully built-out bank, complete with a drive-thru, along with storefront and executive office areas, making it suitable for a variety of businesses. The multi-tenant configuration offers flexibility for different occupancy needs. The property is offered under a triple net (NNN) lease, meaning the tenant is responsible for property taxes, insurance, and maintenance. This 22,000 square foot space is located within a Community Reinvestment Act (CRA) Low-to-Moderate Income (LMI) zone, potentially offering additional incentives or benefits. The property's diverse functionality, prime location, and recent renovations make it an attractive option for investors seeking a strong return on investment in a thriving Milwaukee market. The zip code is 53223.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1978
Total area 25,730 SF
Lot 1.99 ac (86,554 SF)
Zoning code RB1
APN 032-0041-100
UPID US92-3520452
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
Current use
Occupant on record · Public records
  • RJ Harris & MD Creations Copy Center (Bike/Boat/Book/etc) Store Printing Service
  • Andy's On Brown Deer Gas Station
  • Creative Marketing MKE Data Center IT Consulting Firm
  • Victims of Milwaukee Violence Burial Fund Charitable Organization Social Service Agency
  • Vera Harris, MSW Social Worker Counselor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.67M
Blend (final) Blend
$2.53M
Owner & transaction history
Khullar,anup · 18 yrs held
Khullar,anup
since 2007
4 recorded transactions
2007
Price N/A
2006
$730,000
1999
$835,000
1969
Price N/A
Zoning & alternative use
RB1 · Milwaukee, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $3.3M +60.5%
Auto repair, garage $3.1M +50.6%
Retail stores $2.8M +35.8%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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