Oconomowoc, Wisconsin Commercial Real Estate 0 Listings

Oconomowoc, Wisconsin: A Premier Destination for Commercial Real Estate

Introduction

Oconomowoc, Wisconsin, nestled in the heart of Waukesha County, is emerging as a premier destination for commercial real estate (CRE) investment. With a population of approximately 17,000, this city boasts a vibrant economy underpinned by diverse industries and strategic geographic positioning. The city's appeal to CRE professionals is enhanced by its thriving local economy, robust infrastructure, and a supportive business environment that fosters growth and innovation.

Economic and Industry Overview

Oconomowoc's economy is characterized by a mix of industries including healthcare, manufacturing, retail, and logistics. The city's strategic location within the Milwaukee metropolitan area makes it a prime spot for businesses looking to tap into regional and national markets. Key industry clusters are driving demand for various commercial property types such as:

Office Space: Driven by the presence of healthcare institutions and professional services.
Industrial Space: Supported by manufacturing and logistics sectors.
Retail Outlets: Bolstered by a growing population and increasing consumer spending.

The Waukesha County Economic Development Corporation is actively involved in initiatives to stimulate economic growth and attract new businesses to Oconomowoc.

Strategic Location and Transportation Infrastructure

Oconomowoc's transportation infrastructure provides significant logistical advantages:

Highways: The city is conveniently located along Interstate 94, providing direct access to Milwaukee and Madison.
Airports: General Mitchell International Airport in Milwaukee is within a 45-minute drive, offering both passenger and cargo services.
Rail Lines: Freight services are provided by regional and national rail carriers, enhancing supply chain operations.

These transportation networks ensure efficient distribution and access to skilled labor pools, bolstering the city's appeal for commercial real estate development. For more details, visit the Wisconsin Department of Transportation.

Commercial Real Estate Inventory & Zoning

Oconomowoc's commercial real estate market is segmented into distinct submarkets:

Central Business District (CBD): Offers prime office and retail spaces.
Industrial Corridors: Ideal for logistics and manufacturing operations.
Innovation Districts: Focused on tech and research-oriented developments.

Recent zoning changes have introduced incentives for developers, encouraging sustainable and mixed-use projects. For zoning maps and parcel information, visit the City of Oconomowoc Zoning Maps.

Major Employers and Institutions

Oconomowoc is home to several major employers that contribute significantly to CRE demand:

ProHealth Care: A leading healthcare provider with multiple facilities.
Orbis Corporation: A global leader in reusable packaging solutions.
John Deere Horicon Works: A key player in the manufacturing sector.

These institutions, alongside the Oconomowoc Area School District, drive the local economy and CRE demand.

Notable Commercial Developments & Projects

Several large-scale development projects are shaping Oconomowoc's commercial landscape:

Pabst Farms: A mixed-use development offering retail, residential, and commercial spaces.
Innovation Campus: A collaboration between public and private sectors to foster innovation.

Opportunity Zones in the area provide additional incentives for investors. For planning details, refer to the City of Oconomowoc Planning Department.

Building Permits, Planning, and Development Tools

For those interested in developing in Oconomowoc, the following resources are invaluable:

Building and Safety Department: Guidelines and permit applications.
Permitting Portal: Online submission of permits.
Parcel Map Viewer / GIS: Access to detailed parcel data.
Planning Commission: Oversight of development projects.
Development Code: Regulatory information.

Market Data & Economic Reports

Access comprehensive public data sets for informed decision-making:

U.S. Census Bureau: Demographic and economic data.
City's Open Data Portal: Local economic reports and statistics.

Brevitas leverages AI-powered aggregation from public data and internal insights, offering unparalleled market intelligence. Explore Brevitas-powered dashboards for in-depth analysis.