15805 Overland DrNew Berlin, WI 53151
- Industrial properties
- 2.48 AC
Property Details for 15805 Overland Dr
- Lot size
- 2.48 AC
- Zone code
- M1
- Property type
- Industrial properties
- Property subtype
- Manufacturing properties
- APN
- NBC 1189013
- APU
- NBC1189013
Description
This exceptional 35,561-square-foot industrial property in New Berlin, Wisconsin, presents a rare investment opportunity. Located at 15805 W Overland Dr, 53151, within Waukesha County, this facility boasts a desirable M-1 zoning designation. Built in 1970 and extensively renovated in 1997, the building offers a blend of classic construction and modern upgrades. The asking price is $2,995,000, translating to a competitive price per square foot of $84.22. The property features three dock-high doors, providing convenient loading and unloading capabilities, complemented by drive-in access for added flexibility. A significant advantage is the heavy power distribution system installed throughout the facility, catering to the needs of energy-intensive manufacturing processes. The high ceilings, measuring 16 feet, maximize vertical space and operational efficiency. Benefit from the low Waukesha County tax rates, making this a financially attractive proposition. This property is ideally suited for a variety of manufacturing and warehouse operations, offering a substantial footprint and excellent infrastructure. The entire 35,561 square feet is net rentable, maximizing usable space. This is a prime opportunity to acquire a well-maintained, strategically located industrial asset in a thriving Wisconsin market. The recent price reduction makes this an even more compelling investment.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $22,326,774
- Hospitality
- $20,451,206
- Educational
- $17,015,162
- Medical
- $17,600,340
- Retail
- $26,468,030
Location Insight
- City
- New Berlin
- County
- Waukesha
- State
- Wisconsin
- Latitude
- 42.9996
- Longitude
- -88.1106
- CBSA code
- 33340
- CBSA name
- MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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