12695 National AveNew Berlin, WI 53151

  • Other commercial real estate
  • 52,416 SF
For Lease
$10/SF/YR View listing

Property Details for 12695 National Ave

Year built
1995
Lot size
6.19 AC
Property size (Sq ft)
52,416 SF
Zone code
B2
Property type
Other commercial real estate
APN
NBC 1201998003
APU
NBC1201998003

Description

This exceptional 52,050-square-foot commercial property, located at 12695 W National Ave in New Berlin, Wisconsin, presents a unique opportunity for businesses seeking flexible and adaptable space. Built in 1995 and renovated in 1999, the property boasts a diverse range of uses, including traditional and creative office spaces, manufacturing, flex space, warehouse facilities, and R&D. The building sits on a substantial 7.305-acre lot and offers ample power (TBV). With a minimum divisible space of 17,000 square feet and a maximum contiguous space of 52,050 square feet, the property is ideal for a variety of business needs. The entire 52,050 square feet is currently vacant. Features include 16'+ ceilings, two loading docks, and approximately 393 parking stalls (7.5 spaces per 1,000 square feet). The property is zoned B-1 & B-2 (Shopping Center), offering significant flexibility. The APN is 1201-998-003. This prime location in New Berlin, WI (zip code 53151) provides excellent access to transportation and amenities. This is a rare opportunity to secure a large, versatile space in a desirable location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $10,833,019
    Hospitality
    $9,922,987
    Educational
    $8,255,808
    Medical
    $8,539,739
    Retail
    $12,842,369
12695 National Ave, New Berlin, Wisconsin

Location Insight

City
New Berlin
County
Waukesha
State
Wisconsin
Latitude
42.9874
Longitude
-88.072
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
$74,809
$1,606,900
$2,779,300
$4,386,200
-
-
-
$5,079,000

FAQs

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