New Berlin, WI 53151

  • Commercial real estate
  • 3.44 AC
Off market
$34,464,580 Estimated

Property Details

Lot size
3.44 AC
Zone code
M1
Property type
Commercial real estate
APN
NBC 1255991010
APU
NBC1255991010

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $30,664,000
    6.5%
    $28,305,200
    7%
    $26,283,400
  • Comparable approach

    Method
    Valuation
    Relative Method
    $15,212,800
    Geo Method
    $19,517,400
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $57,506,500
    Retail / Commercial
    $29,140,600
    Mixed-Use / Specialty
    $28,762,100
    Hospitality / Lodging
    $20,744,300
    Office
    $28,305,200
    Institutional / Educational
    $29,802,900
    Residential Income
    $34,869,300
    Multifamily
    $43,342,700
    Automotive / Energy
    $25,545,300
    Parking / Income-Based Land
    $9,086,670
    Restaurant / Food Service
    $14,373,400
    Healthcare / Senior Housing
    $29,776,600

Location Insight

City
New Berlin
County
Waukesha
State
Wisconsin
Latitude
42.9512
Longitude
-88.1049
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
$11,503
$735,400
$31,800
$767,200
-
-
-
$888,400

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
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Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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