511 Wales RdWales, WI 53018

Property Details for 511 Wales Rd

Lot size

1.20 AC

Property type

Commercial real estate

APN

WLSV1457996002

APU

WLSV1457996002

Description

This exceptional executive office property, located at 511 N. Wales Road in Wales, Wisconsin, offers 6,795 square feet of total space, with 3,500 square feet currently available for lease. The building features a traditional office layout, ideal for businesses seeking a professional and functional workspace. The property is designated as multi-tenant, providing flexibility for various business sizes and needs. Ample surface parking is available on-site, ensuring convenient access for employees and clients. Situated in Waukesha County, this location provides easy access to major transportation routes and local amenities. The available space presents a unique opportunity for businesses seeking a well-maintained and conveniently located office environment. The 3,500 square feet of vacant space is ready for immediate occupancy and can be customized to meet specific tenant requirements. This property is perfect for businesses seeking a professional image and a productive work environment in a desirable location. The property's address is 511 N. Wales Road, Wales, WI 53018. The property type is office, with a subtype of executive office and traditional office. Contact us today to schedule a viewing and explore the possibilities of establishing your business in this prime location. The zip code is 53018.

• CAP approach

  CAP return

  Valuation

  6%

  $10,696,800

  6.5%

  $9,873,940

  7%

  $9,168,660

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,306,820

  Geo Method

  $6,808,430

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $20,060,500

  Retail / Commercial

  $10,165,300

  Mixed-Use / Specialty

  $10,033,300

  Hospitality / Lodging

  $7,236,420

  Office

  $9,873,940

  Institutional / Educational

  $10,396,400

  Residential Income

  $12,163,800

  Multifamily

  $15,119,600

  Automotive / Energy

  $8,911,180

  Parking / Income-Based Land

  $3,169,780

  Restaurant / Food Service

  $5,013,980

  Healthcare / Senior Housing

  $10,387,200

Location Insight

City

Wales

County

Waukesha

State

Wisconsin

Latitude

43.0124

Longitude

-88.3847

CBSA code

33340

CBSA name

MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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