9055 51 StBrown Deer, WI 53223

  • Commercial real estate
  • 1.94 AC

Property Details for 9055 51 St

Lot size
1.94 AC
Property type
Commercial real estate
APN
029-0090-001
APU
290090001

Description

This exceptional 27,800 square foot building, situated in Milwaukee County's Brown Deer submarket, presents a unique leasing opportunity. The property, constructed in 1973, offers a versatile blend of executive office, flex, and warehouse space, ideal for a variety of businesses. Currently, 2,400 square feet of space is immediately available for lease within this single-building complex. The space boasts a 12-foot ceiling height, providing ample vertical storage and operational flexibility. One convenient drive-in bay is included, facilitating efficient loading and unloading. The property is zoned for manufacturing, making it suitable for a range of industrial and commercial uses. The total building size is 27,800 square feet, with multiple tenants currently occupying the remaining space. Power specifications are to be verified (TBV). This location in Brown Deer offers excellent access to major transportation routes and amenities, making it an attractive option for businesses seeking a strategic location within Milwaukee County. The available space is perfect for a company needing a combination of office and warehouse functionality, or a business seeking a flexible layout to accommodate evolving needs. Inquire today to learn more about this exceptional opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $17,302,000
    6.5%
    $15,971,100
    7%
    $14,830,300
  • Comparable approach

    Method
    Valuation
    Relative Method
    $8,583,780
    Geo Method
    $11,012,600
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $32,447,800
    Retail / Commercial
    $16,442,500
    Mixed-Use / Specialty
    $16,228,900
    Hospitality / Lodging
    $11,704,900
    Office
    $15,971,100
    Institutional / Educational
    $16,816,100
    Residential Income
    $19,674,900
    Multifamily
    $24,455,900
    Automotive / Energy
    $14,413,800
    Parking / Income-Based Land
    $5,127,110
    Restaurant / Food Service
    $8,110,110
    Healthcare / Senior Housing
    $16,801,300

Location Insight

City
Brown Deer
County
Milwaukee
State
Wisconsin
Latitude
43.1823
Longitude
-87.975
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
$19,328
$299,000
$553,000
$852,000
-
-
-
$909,800

FAQs

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Please email our support team at [email protected] and they will add the team member.
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