This exceptional 1.17-acre commercial land parcel presents a remarkable opportunity for retail development in a high-traffic Milwaukee location. Situated on Capitol Drive, this property boasts exceptional visibility and accessibility, making it ideal for a variety of retail ventures. The expansive lot size offers ample space for constructing a substantial building, allowing for significant flexibility in design and functionality. Its prime location within Milwaukee County ensures convenient access to a large and diverse customer base. The address is 5120 W Capitol Dr, Milwaukee, WI 53216, placing it within a well-established commercial corridor. This property is zoned for commercial use (specific zoning details are available upon request). The site's high visibility and convenient location promise strong returns on investment for the discerning buyer. Detailed site plans and surveys are available for review. This is a rare opportunity to acquire a highly desirable retail site in a thriving Milwaukee market. The property is ready for immediate development, offering a streamlined path to realizing your retail vision. Serious inquiries are encouraged to explore this exceptional investment opportunity further. Contact the listing agent for pricing and additional information. The property is located at latitude 43.0903855 and longitude -87.9779995.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$607,168
6.5%
$560,463
7%
$520,430
Comparable approach
Method
Valuation
Relative Method
$304,293
Geo Method
$390,396
Alternative Use
Use
Valuation
Industrial / Distribution
$1,106,030
Mixed-Use / Specialty
$553,184
Hospitality / Lodging
$398,978
Office
$544,397
Institutional / Educational
$573,201
Residential Income
$670,645
Multifamily
$833,613
Automotive / Energy
$491,315
Parking / Income-Based Land
$174,765
Restaurant / Food Service
$276,444
Healthcare / Senior Housing
$572,696
Location Insight
City
Milwaukee
County
Milwaukee
State
Wisconsin
Latitude
43.0904
Longitude
-87.9777
CBSA code
33340
CBSA name
MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA
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Capitol Dr Milwaukee, WI 53216
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Capitol Dr Milwaukee, WI 53216
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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