5235 Ironwood RdGlendale, WI 53217

Property Details for 5235 Ironwood Rd

Year built

1963

Lot size

3.62 AC

Property size (Sq ft)

32,040 SF

Property type

Office properties

Property subtype

Office buildings

APN

196-8996-000

APU

1968996000

Description

This exceptional 32,000 square foot commercial building is situated on a 3.6-acre lot in Glendale, Wisconsin, offering a prime location just one mile from the I-43 exit. Recently remodeled, the property boasts extensive office space, perfectly suited for a single large tenant or easily divisible for multiple occupants. The interior features numerous private offices, providing ample space for individual work and team collaboration. A significant number of well-appointed conference rooms are also included, catering to various meeting needs and sizes. The building's modern design and recent renovations ensure a high-quality, efficient workspace. The convenient location offers excellent accessibility for employees and clients, with easy access to major transportation routes. The expansive 3.6-acre lot provides ample parking and potential for future expansion or development. This property presents a unique opportunity for businesses seeking a modern, well-equipped office space in a highly desirable location. The flexible layout allows for customization to suit a variety of business needs and sizes, making it an ideal investment for both established companies and growing enterprises. The asking price is $1,900,000. Serious inquiries are encouraged.

• CAP approach

  CAP return

  Valuation

  6%

  $5,785,202

  6.5%

  $5,340,187

  7%

  $4,958,745

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,252,803

  Geo Method

  $4,173,210

• Alternative Use

  Use

  Valuation

  Residential

  $6,621,832

  Hospitality

  $6,065,562

  Educational

  $5,046,476

  Medical

  $5,220,032

  Retail

  $7,850,074

Location Insight

City

Glendale

County

Milwaukee

State

Wisconsin

Latitude

43.1124

Longitude

-87.9199

CBSA code

33340

CBSA name

MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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