5656 Pennsylvania AveCudahy, WI 53110

  • Office properties
  • 18,121 SF
For Sale
$2,995,000 View listing

Property Details for 5656 Pennsylvania Ave

Year built
1962
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
5.20 AC
Property size (Sq ft)
18,121 SF
Zone code
M1
Property type
Office properties
Property subtype
Office buildings
APN
676-9986-004
APU
6769986004

Description

This exceptional industrial property, located at 5656 S Pennsylvania Ave in Cudahy, Wisconsin, presents a significant investment opportunity. Boasting 79,165 square feet of versatile warehouse and manufacturing space, this M-1 zoned property is priced at $2,995,000, or $37.83 per square foot. The building features ceiling heights ranging from 12'6" to 21', providing ample vertical clearance for various industrial uses. Two loading docks facilitate efficient loading and unloading operations. Situated on a 5.201-acre lot, the property offers significant expansion potential. Its strategic location provides convenient access to major transportation arteries. Only one minute from I-794 via Layton Avenue, and nine minutes from downtown Milwaukee via I-794, this location ensures seamless logistics and distribution. Furthermore, an adjacent 4.928-acre site is available for purchase separately for $566,720, offering the potential for significant expansion or development. An additional contiguous 8.71-acre property in the Cudahy School District is also available for sale, presenting further expansion opportunities. The property is available for immediate occupancy. This is a rare opportunity to acquire a substantial industrial property in a prime location with excellent access to transportation and potential for future growth. The zip code is 53110.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,271,962
    6.5%
    $3,020,272
    7%
    $2,804,538
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,839,702
    Geo Method
    $2,360,260
  • Alternative Use

    Use
    Valuation
    Residential
    $3,745,138
    Hospitality
    $3,430,526
    Educational
    $2,854,157
    Medical
    $2,952,316
    Retail
    $4,439,800
5656 Pennsylvania Ave, Cudahy, Wisconsin

Location Insight

City
Cudahy
County
Milwaukee
State
Wisconsin
Latitude
42.9424
Longitude
-87.8791
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
$38,929
$524,800
$1,425,200
$1,950,000
-
-
-
$2,008,800

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