7016 76Th StMilwaukee, WI 53223

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

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.

• CAP approach

  CAP return

  Valuation

  6%

  $1,510,550

  6.5%

  $1,394,350

  7%

  $1,294,760

• Comparable approach

  Method

  Valuation

  Relative Method

  $757,038

  Geo Method

  $971,248

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $2,751,640

  Mixed-Use / Specialty

  $1,376,240

  Hospitality / Lodging

  $992,598

  Office

  $1,354,380

  Institutional / Educational

  $1,426,040

  Residential Income

  $1,668,470

  Multifamily

  $2,073,910

  Automotive / Energy

  $1,222,320

  Parking / Income-Based Land

  $434,789

  Restaurant / Food Service

  $687,753

  Healthcare / Senior Housing

  $1,424,780

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

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