7128 Center StMilwaukee, WI 53210

Property Details for 7128 Center St

Year built

1994

Lot size

0.23 AC

Property size (Sq ft)

697 SF

Zone code

LB2

Property type

Office buildings

APN

305-0528-120

APU

3050528120

Description

This exceptional 697-square-foot retail space, located at 7128 W Center St in Milwaukee, Wisconsin, presents a unique investment opportunity. Built in 1960, the single-tenant property sits on a 0.22-acre lot and boasts eight parking spaces, ensuring ample convenience for customers and employees. The building's prime location offers unparalleled visibility, situated along West Center Street, a high-traffic area with 8,543 vehicles passing daily. The property benefits from excellent site visibility and a pre-existing drive-through, ideal for businesses requiring quick and easy customer access. The building is currently vacant, providing a blank canvas for a new tenant to customize the space to their specific needs. Its proximity to the affluent city of Wauwatosa further enhances its appeal, offering access to a strong consumer base. The property is zoned for retail and office use, making it suitable for a variety of businesses. Monument signage is available on West Center Street, providing excellent branding opportunities. This property is located in Milwaukee County, Wisconsin, with a zip code of 53210. The property's location offers a combination of high visibility, convenient access, and proximity to a desirable residential area, making it an attractive option for businesses seeking a strong foothold in the Milwaukee market.

• CAP approach

  CAP return

  Valuation

  6%

  $142,632

  6.5%

  $131,660

  7%

  $122,256

• Comparable approach

  Method

  Valuation

  Relative Method

  $70,761.70

  Geo Method

  $90,784.20

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $267,488

  Retail / Commercial

  $135,546

  Mixed-Use / Specialty

  $133,785

  Hospitality / Lodging

  $96,491.10

  Institutional / Educational

  $138,626

  Residential Income

  $162,193

  Multifamily

  $201,606

  Automotive / Energy

  $118,823

  Parking / Income-Based Land

  $42,266.10

  Restaurant / Food Service

  $66,856.90

  Healthcare / Senior Housing

  $138,504

Location Insight

City

Milwaukee

County

Milwaukee

State

Wisconsin

Latitude

43.0683

Longitude

-88.0016

CBSA code

33340

CBSA name

MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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