8505 W Forest Home Ave, Greenfield, WI 53228
- Commercial real estate
- 3,360 SF
- 0.46 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 8505 W Forest Home Ave
- Lot size
- 0.46 lot acres
- Property type
- Commercial real estate
- APN
- 615-9937-002
- APU
- 6159937002
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Apr 4, 2025 | $505,000 | 8505 Forest Home LLC | Meller Properties LLC | Warranty Deed | $404k · Us Bank NA |
| Nov 17, 2016 | — | Meller Properties LLC | — | Deed · related | $25k · Waterstone Bank Ssb |
| Aug 8, 2011 | $370,000 | Meller Properties LLC | Waterstone Bk Ssb | Grant Deed | $371k · Waterstone Bank |
| Feb 1, 2011 | $500,000 | Waterstone Bk Ssb | Inspector Of Milwaukee County | Trustees Deed · related | — |
| — | — | Richard A Kollmansberger | — | Deed Of Trust · related | $1.7M · Wauwatosa Savings Bank |
| — | — | Richard A Kollmansberger | — | Deed Of Trust · related | $400k · Associated Bank |
| — | — | Richard A Kollmansberger | — | Deed Of Trust · related | $160k · Kathleen A Mitchell |
Description
This exceptional two-story commercial building, situated on a 0.46-acre lot in Greenfield, Wisconsin, offers 3,600 square feet of versatile space ideal for a variety of professional uses. Currently configured as a home health care office, the building boasts a unique blend of professional functionality and residential charm. The layout includes ten private offices, providing ample space for individual work or small teams. A well-equipped kitchenette and a dedicated breakroom cater to employee comfort and convenience. The property also features dedicated conference and training rooms, perfect for meetings, presentations, or staff development. A welcoming reception and waiting area, along with restrooms, are strategically located on all three levels for optimal accessibility. The building's current owner is relocating, presenting a fantastic opportunity for a new business to establish itself in this desirable Greenfield location. The property's 0.46-acre lot offers ample parking and potential for future expansion or outdoor amenities. This is a turn-key opportunity to acquire a well-maintained, functional office building in a thriving community. The asking price of $525,000 reflects the exceptional value and potential of this property. Don't miss this chance to own a piece of Greenfield's commercial landscape.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $565,000
- ML approach
- $525,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $690,000
- 6.5%
- $635,000
- 7%
- $590,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $700,000
Market price range: $336k - $774k
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Greenfield
- County
- Milwaukee
- State
- Wisconsin
- Longitude
- -88.0191
- Latitude
- 42.9567
- CBSA code
- 33340
- CBSA name
- MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA
