5656 Packard AveCudahy, WI 53110

Property Details for 5656 Packard Ave

Year built

1957

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

10.57 AC

Property size (Sq ft)

117,866 SF

Zone code

B-2PUD

Property type

Retail properties

Property subtype

Strip malls

APN

678-0096-014

APU

6780096014

Description

Packard Plaza, located at 5656 S Packard Ave in Cudahy, Wisconsin (zip code 53110), offers a prime retail opportunity in Milwaukee County. This multi-tenant retail property, built in 1957, boasts a total of 125,247 square feet. Currently, there are 21,400 square feet of vacant space available, divisible into units as small as 1,400 square feet and with a maximum contiguous space of 20,000 square feet. The property provides ample parking, with a ratio of 8.49 spaces per 1,000 square feet. This presents a unique chance to establish or expand a retail business in a well-established location within a thriving community. The property's convenient location and substantial available space make it an ideal choice for a variety of retail ventures. Interested parties are encouraged to inquire about lease terms and availability. The property's coordinates are 42.9416358 latitude and -87.85898316 longitude.

• CAP approach

  CAP return

  Valuation

  6%

  $31,284,694

  6.5%

  $28,878,180

  7%

  $26,815,452

• Comparable approach

  Method

  Valuation

  Relative Method

  $30,154,652

  Geo Method

  $38,687,156

• Alternative Use

  Use

  Valuation

  Residential

  $24,359,826

  Hospitality

  $22,313,468

  Educational

  $18,564,544

  Medical

  $19,203,008

  Retail

  $28,878,180

Location Insight

City

Cudahy

County

Milwaukee

State

Wisconsin

Latitude

42.9415

Longitude

-87.8586

CBSA code

33340

CBSA name

MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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