3832 3Rd StMilwaukee, WI 53212

  • Industrial properties
  • 431,511 SF
For Lease
$3.25/SF/YR View listing

Property Details for 3832 3Rd St

Year built
1945
Lot size
12.94 AC
Property size (Sq ft)
431,511 SF
Zone code
IL2
Property type
Industrial properties
Property subtype
Manufacturing properties
APN
273-1401-111
APU
2731401111

Description

This exceptional 98,000-square-foot warehouse, located at 3832 N. 3rd Street in Milwaukee, Wisconsin, presents a significant opportunity for industrial businesses. Built in 1999, the single-tenant property sits on a substantial 12.94-acre lot and is currently fully vacant. The warehouse boasts impressive features including four dock-high doors and one drive-in door, facilitating efficient loading and unloading. Ceiling heights vary, with 28 feet covering 75% of the space and 13 feet covering the remaining 25%. The property benefits from robust 3-phase, 480-volt power (TBV). Parking is available on a private lot, supplemented by street parking. The property is zoned IL-2 within Milwaukee County, and its zip code is 53212. Situated in Milwaukee's Riverwest neighborhood, this location offers proximity to a diverse community, a thriving arts scene, and historically significant architecture. This warehouse provides ample space and excellent infrastructure for a variety of industrial operations. The property's size and features make it a compelling option for businesses seeking a substantial and well-equipped industrial space in a vibrant Milwaukee neighborhood. The large lot size also offers potential for future expansion or development.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $89,182,056
    Hospitality
    $81,690,288
    Educational
    $67,965,360
    Medical
    $70,302,792
    Retail
    $105,723,896
3832 3Rd St, Milwaukee, Wisconsin

Location Insight

City
Milwaukee
County
Milwaukee
State
Wisconsin
Latitude
43.0863
Longitude
-87.9121
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
$67,835
$396,400
$2,327,600
$2,724,000
-
$396,400
$2,327,600
$2,724,000

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