5912 Packard AveCudahy, WI 53110

  • Retail properties
  • 1,238 SF
For Sale

Property Details for 5912 Packard Ave

Year built
1989
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.30 AC
Property size (Sq ft)
1,238 SF
Zone code
B-2PUD
Property type
Retail properties
Property subtype
Auto shops
APN
682-9919-001
APU
6829919001

Description

This 1,200 square foot retail property, formerly a Valvoline, is situated on a 0.29-acre lot at 5912 S Packard Ave in Cudahy, Wisconsin, zip code 53110. The property boasts excellent visibility due to its location on a signalized hard corner, providing multiple points of convenient access for customers. Its strategic placement ensures immediate proximity to Cudahy's main population center, maximizing potential customer traffic. The versatile nature of the space allows for a variety of potential uses, making it an attractive investment opportunity for entrepreneurs and businesses seeking a high-traffic location. The building's size and layout offer ample space for various retail configurations. The property's location in Milwaukee County, Wisconsin, offers access to a robust local economy and a well-established infrastructure. This prime retail space presents a unique chance to establish or expand a business in a thriving community. The property's existing infrastructure and convenient access points make it ready for immediate occupancy and customization to suit specific business needs. The high visibility and accessibility make this a strong contender for a variety of retail uses.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $328,597
    6.5%
    $303,321
    7%
    $281,655
  • Comparable approach

    Method
    Valuation
    Relative Method
    $316,728
    Geo Method
    $406,349
  • Alternative Use

    Use
    Valuation
    Residential
    $255,862
    Hospitality
    $234,368
    Educational
    $194,992
    Medical
    $201,698
    Retail
    $303,321
5912 Packard Ave, Cudahy, Wisconsin

Location Insight

City
Cudahy
County
Milwaukee
State
Wisconsin
Latitude
42.9371
Longitude
-87.86
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
2022
$8,934
$186,200
$263,800
$450,000
-
-
-
$463,600

FAQs

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