405 Calhoun RdBrookfield, WI 53005

Property Details for 405 Calhoun Rd

Lot size

1.46 AC

Zone code

B

Property type

Commercial real estate

APN

BR C1120997

APU

BRC1120997

Description

This updated Class B office building at 405 N Calhoun Road in Brookfield, Wisconsin, offers 16,704 square feet of versatile space, ideal for executive, medical, creative, or traditional office uses. Currently, 3,205 square feet are available, including one contiguous space of 2,456 square feet. The building boasts ample surface parking, a significant advantage in this desirable location. Its excellent corner location at Bluemound and Calhoun Roads provides easy access to I-94 freeway, ensuring convenient commutes for employees and clients. The property is situated near the Corridor at the Corners of Brookfield, offering proximity to a variety of amenities and businesses. This presents a unique opportunity for businesses seeking a well-maintained, conveniently located office space in a thriving area. Tenant incentives and bonus commissions are available, making this an attractive proposition for prospective tenants. The property is located in Waukesha County, Wisconsin, with a zip code of 53005. The building is multi-tenant.

• CAP approach

  CAP return

  Valuation

  6%

  $13,050,100

  6.5%

  $12,046,200

  7%

  $11,185,800

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,474,340

  Geo Method

  $8,306,300

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $24,473,800

  Retail / Commercial

  $12,401,800

  Mixed-Use / Specialty

  $12,240,700

  Hospitality / Lodging

  $8,828,450

  Office

  $12,046,200

  Institutional / Educational

  $12,683,600

  Residential Income

  $14,839,800

  Multifamily

  $18,445,900

  Automotive / Energy

  $10,871,700

  Parking / Income-Based Land

  $3,867,140

  Restaurant / Food Service

  $6,117,070

  Healthcare / Senior Housing

  $12,672,400

Location Insight

City

Brookfield

County

Waukesha

State

Wisconsin

Latitude

43.0353

Longitude

-88.128

CBSA code

33340

CBSA name

MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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