5180 126Th StButler, WI 53007

  • Commercial real estate
  • 0.16 AC
For Sale
$183,000 View listing

Property Details for 5180 126Th St

Lot size
0.16 AC
Zone code
B
Property type
Commercial real estate
APN
BV 0144018
APU
BV0144018

Description

This exceptional Class A medical/office building, located at 5180 N 126th St in Butler, Wisconsin, presents a unique owner-user opportunity. The 1,384 square foot building sits on a 0.17-acre lot (APN BV 0144018) and boasts flexible M1 zoning, allowing for diverse uses. Built in 1961, the property is currently vacant, offering a blank canvas for a new owner. Its previous use as the Butler Animal Hospital suggests suitability for veterinary or pet-related services, but the versatile zoning also accommodates other medical, office, or even retail businesses. The property's prime location near I-41 and major thoroughfares ensures high visibility and convenient access. A significant advantage is the potential for expansion

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,470,720
    6.5%
    $1,357,590
    7%
    $1,260,620
  • Comparable approach

    Method
    Valuation
    Relative Method
    $729,647
    Geo Method
    $936,107
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $2,758,160
    Retail / Commercial
    $1,397,660
    Mixed-Use / Specialty
    $1,379,500
    Hospitality / Lodging
    $994,952
    Office
    $1,357,590
    Institutional / Educational
    $1,429,420
    Residential Income
    $1,672,420
    Multifamily
    $2,078,830
    Automotive / Energy
    $1,225,220
    Parking / Income-Based Land
    $435,820
    Restaurant / Food Service
    $689,384
    Healthcare / Senior Housing
    $1,428,160

Location Insight

City
Butler
County
Waukesha
State
Wisconsin
Latitude
43.1118
Longitude
-88.0679
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
$3,606
$38,100
$150,000
$188,100
-
-
-
$256,800

FAQs

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