5120 Capitol DrMilwaukee, WI 53216

  • Retail properties
  • 2,882 SF
For Sale

Property Details for 5120 Capitol Dr

Year built
1982
Lot size
1.17 AC
Property size (Sq ft)
2,882 SF
Zone code
RB2
Property type
Retail properties
Property subtype
Drive through restaurants
APN
249-0501-100
APU
2490501100

Description

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%
    $764,958
    6.5%
    $706,115
    7%
    $655,678
  • Comparable approach

    Method
    Valuation
    Relative Method
    $737,326
    Geo Method
    $945,959
  • Alternative Use

    Use
    Valuation
    Residential
    $595,634
    Hospitality
    $545,598
    Educational
    $453,931
    Medical
    $469,542
    Retail
    $706,115
5120 Capitol Dr, Milwaukee, Wisconsin

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

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
$18,610
$613,700
$167,900
$781,600
-
$613,700
$167,900
$781,600

FAQs

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