7435 Howell AveOak Creek, WI 53154

Property Details for 7435 Howell Ave

Lot size

2.26 AC

Property type

Commercial real estate

APN

765-9014-000

APU

7659014000

Description

This exceptional 12,000-square-foot medical office building, located at 7435 S Howell Avenue in Oak Creek, Wisconsin, is offered for sale at $1,195,000. The property boasts a prime location with high visibility on S Howell Avenue, experiencing approximately 23,400 cars per day, according to Wisconsin Department of Transportation data. Situated on a 2.25-acre lot (APN 7659014000), this single-building property is zoned B3 and features abundant natural light throughout its open areas. Multiple suites are equipped with plumbing, offering flexibility for various uses. Potential tenants could include medical offices, health and wellness businesses, or flex-use operations. The building's Net Net Net (NNN) lease structure provides a straightforward ownership experience. The price per square foot is $99.58. Its convenient location offers easy access to Interstate 94 via Rawson Avenue, enhancing its appeal to both businesses and employees. This property presents a compelling investment opportunity in a thriving area.

• CAP approach

  CAP return

  Valuation

  6%

  $20,127,700

  6.5%

  $18,579,400

  7%

  $17,252,300

• Comparable approach

  Method

  Valuation

  Relative Method

  $9,985,620

  Geo Method

  $12,811,100

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $37,746,900

  Retail / Commercial

  $19,127,700

  Mixed-Use / Specialty

  $18,879,300

  Hospitality / Lodging

  $13,616,500

  Office

  $18,579,400

  Institutional / Educational

  $19,562,400

  Residential Income

  $22,888,000

  Multifamily

  $28,449,900

  Automotive / Energy

  $16,767,800

  Parking / Income-Based Land

  $5,964,430

  Restaurant / Food Service

  $9,434,590

  Healthcare / Senior Housing

  $19,545,200

Location Insight

City

Oak Creek

County

Milwaukee

State

Wisconsin

Latitude

42.9095

Longitude

-87.912

CBSA code

33340

CBSA name

MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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