4924 13Th StMilwaukee, WI 53221

Property Details for 4924 13Th St

Year built

1973

Lot size

10.07 AC

Property size (Sq ft)

52,014 SF

Zone code

IL1

Property type

Truck terminals

APN

625-0141-000

APU

6250141000

Description

This exceptional 2,200-square-foot commercial property at 4924 S 13th Street offers a unique blend of office and warehouse space, perfect for a single tenant. The building features a cross-dock terminal design, providing efficient loading and unloading capabilities. Ten dock-high doors are included, all equipped with levelers for seamless operations. Ample trailer parking potential is available, enhancing logistical efficiency. While the property currently lacks dedicated restroom and office space, there is potential for their inclusion, allowing for customization to meet specific business needs. The entire 2,200 square feet is currently vacant and ready for immediate occupancy. This single-tenant space presents a rare opportunity to secure a well-located, functional, and adaptable property in a desirable area. The property's design is ideal for businesses requiring both office and warehouse functionality, offering a streamlined workflow and significant operational advantages. The availability of ten dock-high doors with levelers ensures smooth and efficient handling of goods, minimizing loading and unloading times. The potential for on-site trailer parking further enhances the property's logistical appeal, making it an attractive option for businesses with high-volume shipping requirements. The potential for adding restroom and office space provides flexibility for tenants to tailor the space to their specific needs and preferences. This property represents a compelling opportunity for businesses seeking a versatile and strategically located commercial space.

• CAP approach

  CAP return

  Valuation

  6%

  $21,624,900

  6.5%

  $19,961,400

  7%

  $18,535,600

• Comparable approach

  Method

  Valuation

  Relative Method

  $8,449,000

  Geo Method

  $10,839,700

• Alternative Use

  Use

  Valuation

  Retail / Commercial

  $10,115,200

  Mixed-Use / Specialty

  $9,983,800

  Hospitality / Lodging

  $7,200,700

  Office

  $9,825,210

  Institutional / Educational

  $10,345,100

  Residential Income

  $12,103,700

  Multifamily

  $15,045,000

  Automotive / Energy

  $8,867,200

  Parking / Income-Based Land

  $3,154,130

  Restaurant / Food Service

  $4,989,230

  Healthcare / Senior Housing

  $10,335,900

Location Insight

City

Milwaukee

County

Milwaukee

State

Wisconsin

Latitude

42.9547

Longitude

-87.9276

CBSA code

33340

CBSA name

MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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