5225 Ironwood RdGlendale, WI 53217

Property Details for 5225 Ironwood Rd

Year built

1976

Lot size

2.20 AC

Property size (Sq ft)

20,004 SF

Property type

Office buildings

APN

196-8000-000

APU

1968000000

Description

This exceptional executive office building, located at 5225 N Ironwood Rd in Glendale, Wisconsin, offers a variety of flexible spaces to suit your business needs. The single-building property boasts a total of 21,114 square feet, situated on a generous 2.2-acre lot. Multiple tenancy options are available, with a minimum divisible space of 2,264 square feet and a maximum contiguous space of 2,618 square feet. Currently, 4,882 square feet are vacant and ready for immediate occupancy. Individual suites range from 192 to 3,583 square feet, providing ample choices for businesses of all sizes. The property is zoned B-1 and is located in Milwaukee County, with easy access via its Glendale address and 53217 zip code. The Ironwood Office Park offers a park-like setting with abundant off-street parking and green space, creating a pleasant and productive work environment. A newly renovated co-working space is also available, featuring modern furniture, shared printers and copiers, and a café with complimentary amenities and short-term lease options. This is an excellent opportunity to establish your business in a desirable and well-maintained office park.

• CAP approach

  CAP return

  Valuation

  6%

  $3,611,960

  6.5%

  $3,334,116

  7%

  $3,095,966

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,030,870

  Geo Method

  $2,605,521

• Alternative Use

  Use

  Valuation

  Residential

  $4,134,304

  Hospitality

  $3,787,001

  Educational

  $3,150,740

  Medical

  $3,259,099

  Retail

  $4,901,152

Location Insight

City

Glendale

County

Milwaukee

State

Wisconsin

Latitude

43.1119

Longitude

-87.9193

CBSA code

33340

CBSA name

MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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