7016 76Th StMilwaukee, WI 53223
- Retail properties
- 7,170 SF
Property Details for 7016 76Th St
- Year built
- 1980
- Lot size
- 1.23 AC
- Property size (Sq ft)
- 7,170 SF
- Zone code
- IL1
- Property type
- Retail properties
- Property subtype
- Auto shops
- APN
- 119-9990-120
- APU
- 1199990120
Description
This exceptional owner-user investment opportunity presents a substantial 8,865 square foot retail building situated on a generous 1.23-acre lot in Brown Deer, Wisconsin. Located at 7016 N 76TH ST, zip code 53223, this property boasts a prime location within Milwaukee County. Constructed in 1980, the building features durable masonry construction and ample parking with 12+ stalls, ensuring convenient access for customers and employees. The property is zoned IL1, offering flexibility for a variety of retail uses. The asking price is $799,000, representing a compelling value for a substantial retail space in a desirable location. This property is ideal for an owner-operator seeking to establish or expand their business in a thriving community. The spacious lot provides potential for future expansion or development, adding further value to this already attractive investment. With its strong location, ample parking, and solid construction, this property presents a rare opportunity for a discerning buyer. The property's size and zoning provide significant potential for a variety of retail businesses. Don't miss this chance to acquire a well-established retail space in a highly sought-after area.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,903,104
- 6.5%
- $1,756,711
- 7%
- $1,631,232
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,834,362
- Geo Method
- $2,353,409
-
Alternative Use
- Use
- Valuation
- Residential
- $1,481,852
- Hospitality
- $1,357,368
- Educational
- $1,129,314
- Medical
- $1,168,153
- Retail
- $1,756,711
Location Insight
- City
- Milwaukee
- County
- Milwaukee
- State
- Wisconsin
- Latitude
- 43.1452
- Longitude
- -88.0048
- CBSA code
- 33340
- CBSA name
- MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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