3740 108Th StGreenfield, WI 53228

Property Details for 3740 108Th St

Lot size

3.04 AC

Property type

Commercial real estate

APN

562-9951-007

APU

5629951007

Description

This exceptional 10,300 square foot retail space, currently vacant, presents a unique opportunity for a restaurant or similar business. Situated on a 3.05-acre lot in Milwaukee County (APN 562-9951-007), this single-tenant property boasts prime visibility at a signalized intersection with convenient access from both Beloit Road and 108th Street. The building offers excellent right-in, right-out access, ensuring ease of customer entry and exit. Its strategic location provides close proximity to major highway access, maximizing exposure to a large customer base. The property is available for sale, ground lease, or traditional lease, offering flexibility to suit various business models. The substantial lot size provides ample space for outdoor seating, parking, or future expansion. This is an ideal location for a business seeking high visibility and convenient access in a thriving area of Milwaukee County. The property's size and location make it an attractive investment opportunity with significant potential for growth and profitability. Serious inquiries are encouraged to explore the possibilities of this exceptional retail space. The property is zoned for commercial use and is ready for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $27,143,000

  6.5%

  $25,055,100

  7%

  $23,265,400

• Comparable approach

  Method

  Valuation

  Relative Method

  $13,466,000

  Geo Method

  $17,276,400

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $50,903,300

  Retail / Commercial

  $25,794,500

  Mixed-Use / Specialty

  $25,459,500

  Hospitality / Lodging

  $18,362,400

  Office

  $25,055,100

  Institutional / Educational

  $26,380,800

  Residential Income

  $30,865,500

  Multifamily

  $38,365,900

  Automotive / Energy

  $22,612,100

  Parking / Income-Based Land

  $8,043,290

  Restaurant / Food Service

  $12,723,000

  Healthcare / Senior Housing

  $26,357,500

Location Insight

City

Greenfield

County

Milwaukee

State

Wisconsin

Latitude

42.9765

Longitude

-88.0464

CBSA code

33340

CBSA name

MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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