6125 Blue Mound RdMilwaukee, WI 53213

Property Details for 6125 Blue Mound Rd

Year built

1951

Lot size

0.14 AC

Property size (Sq ft)

6,000 SF

Zone code

LB2

Property type

Retail properties

Property subtype

Retail space

APN

405-0120-000

APU

4050120000

Description

This exceptional commercial property, located at 6125 W Bluemound Rd in Milwaukee, Wisconsin, presents a unique investment opportunity. The 12,000 square foot building sits on a 0.14-acre lot and offers a versatile layout suitable for a variety of uses. Currently vacant, this property boasts a diverse zoning allowing for retail, industrial, hospitality, mixed-use, or special purpose operations. Built in 1951, the building features a clear-span first floor, ideal for warehouse or retail space, complemented by a loading dock and ample rear parking. The ceiling height ranges from 9 to 10 feet. High visibility from W Bluemound Rd ensures excellent exposure for any business. A separate entrance with a private restroom offers potential for independent leasing. The property's history includes a previous use as a barber shop, suggesting adaptable interior space. This prime Milwaukee location, in the 53213 zip code, offers easy access to major transportation routes and a thriving local market. The asking price is $340,000. This is a rare chance to acquire a well-situated, multi-functional commercial building with significant potential.

• CAP approach

  CAP return

  Valuation

  6%

  $1,592,556

  6.5%

  $1,470,051

  7%

  $1,365,048

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,535,030

  Geo Method

  $1,969,380

• Alternative Use

  Use

  Valuation

  Residential

  $1,240,043

  Hospitality

  $1,135,873

  Educational

  $945,033

  Medical

  $977,534

  Retail

  $1,470,051

Location Insight

City

Milwaukee

County

Milwaukee

State

Wisconsin

Latitude

43.0361

Longitude

-87.9895

CBSA code

33340

CBSA name

MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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