19395 Capitol DrBrookfield, WI 53045

  • Other commercial real estate
  • 2.11 AC
For Sale
$2,700,000 View listing

Property Details for 19395 Capitol Dr

Lot size
2.11 AC
Zone code
B
Property type
Other commercial real estate
APN
BR C1037998003
APU
BRC1037998003

Description

This exceptional investment opportunity presents the Fox River Business Center, a multi-tenant property ideally situated at 19395 W. Capitol Drive in Brookfield, Wisconsin. This 23,377 square foot complex, built in 1996, comprises four buildings with two stories each, plus a garden level, offering a blend of retail and executive office spaces. The property boasts a desirable B3 (Regional Business) zoning, ensuring flexibility for a variety of uses. With ample parking (4 spaces per 1,000 sq ft), the center provides convenient access for tenants and customers. The asking price is $2,700,000, translating to $115.50 per square foot. The property benefits from strong area demographics and excellent visibility and accessibility, situated adjacent to the Sendik's Towne Centre and with easy access to Highway 190. The 2023 property taxes totaled $20,739.52. This well-maintained property features a mix of suite sizes and long-term tenants, making it an attractive investment for discerning buyers seeking a stable and profitable commercial venture in a thriving Wisconsin location. The property's APN is BR C1037998003. This is a gross lease, multi-tenant property.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $18,968,736
    Hospitality
    $17,375,260
    Educational
    $14,456,013
    Medical
    $14,953,178
    Retail
    $22,487,132
19395 Capitol Dr, Brookfield, Wisconsin

Location Insight

City
Brookfield
County
Waukesha
State
Wisconsin
Latitude
43.0896
Longitude
-88.1529
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
$20,740
$411,200
$1,338,300
$1,749,500
-
-
-
$1,862,300

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