5000 Towne DrNew Berlin, WI 53151

  • Other commercial real estate
  • 68,254 SF
For Lease
$13/SF/YR View listing

Property Details for 5000 Towne Dr

Year built
2000
Lot size
6.97 AC
Property size (Sq ft)
68,254 SF
Zone code
M1
Property type
Other commercial real estate
APN
NBC 1257998004
APU
NBC1257998004

Description

This exceptional New Berlin, Wisconsin property, located at 5000 S Towne Dr, offers a unique opportunity for businesses seeking flexible office space. The 74,000 square foot building, constructed in 2000, features a mix of executive office suites and restaurant space, currently offering 30,000 square feet of immediately available space. Units are divisible down to 5,000 square feet, with the potential to lease the entire 74,000 square foot building contiguously. The property sits on a substantial 6.97-acre lot, providing ample space and parking. With over 365 parking spaces available, employee and client parking is never a concern. The M-1 zoning allows for a variety of commercial uses. The property's location in Waukesha County, Wisconsin, offers easy access to major transportation routes and a thriving business community. The APN is NBC 1257998004 and the zip code is 53151. This is an excellent opportunity to secure high-quality office space in a desirable location. Contact us today to learn more about leasing options and explore the possibilities for your business.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $14,106,320
    Hospitality
    $12,921,313
    Educational
    $10,750,381
    Medical
    $11,120,103
    Retail
    $16,722,815
5000 Towne Dr, New Berlin, Wisconsin

Location Insight

City
New Berlin
County
Waukesha
State
Wisconsin
Latitude
42.9541
Longitude
-88.1129
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
$65,744
$879,700
$9,705,900
$10,585,600
-
-
-
$12,257,800

FAQs

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