5250 108Th StHales Corners, WI 53130

  • Commercial real estate
  • 1.74 AC

Property Details for 5250 108Th St

Lot size
1.74 AC
Property type
Commercial real estate
APN
654-0026-002
APU
6540026002

Description

This exceptional 20,048-square-foot office building, located at 5250 S 108th Street in Hales Corners, Wisconsin, presents a compelling investment opportunity. Constructed in 2005, this Class B property sits on a 1.74-acre lot and boasts 88 parking spaces, ensuring ample convenience for tenants and visitors. The building's zoning is B1, allowing for a variety of uses. The property features a multi-tenant configuration, currently including first-floor medical space previously utilized for pediatrics, ENT/otolaryngology, and urgent care, complete with an X-ray room. This prime location offers high visibility, with traffic counts averaging approximately 37,500 cars per day, according to Department of Transportation data. Its convenient proximity to I-43 further enhances its accessibility and appeal. The property is offered for sale with a triple net (NNN) lease structure. The APN is 6540026002. This well-maintained building presents a strong investment opportunity in a desirable location with high traffic volume and excellent visibility at a lighted intersection. The property is situated in Milwaukee County, Wisconsin, with a zip code of 53130.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $15,682,828
    Hospitality
    $14,365,387
    Educational
    $11,951,833
    Medical
    $12,362,875
    Retail
    $18,591,740

Location Insight

City
Hales Corners
County
Milwaukee
State
Wisconsin
Latitude
42.9494
Longitude
-88.0472
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
$63,218
$437,500
$2,290,500
$2,728,000
-
-
-
$2,932,000

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