4033 Custer AveMilwaukee, WI 53209

Property Details for 4033 Custer Ave

Year built

1969

Lot size

1.90 AC

Property size (Sq ft)

37,150 SF

Zone code

IH

Property type

Retail space

APN

192-0911-111

APU

1920911111

Description

This Milwaukee, Wisconsin industrial property, located at 4033 W Custer Ave, 53209, offers 39,479 square feet of space within a single building situated on a 1.9-acre lot. Zoned I-H (Heavy Industrial), this facility boasts 16-18 foot clear ceiling heights, making it ideal for various manufacturing and warehousing operations. The building features four dock-high doors with levelers, three overhead doors, and floor drains, ensuring efficient loading and unloading. Electrical service includes 400-amp and 600-amp 3-phase power. A portion of the roof was replaced in 2022. The property includes fenced outside storage and a fully sprinklered system. Conveniently located near major transportation arteries, including I-43, I-41, Hwy 145, Hwy 181, and Hwy 190, this property also benefits from access to an active Wisconsin & Southern Railroad (WSOR) spur. Currently used for automotive repair and sales, this versatile building presents a significant opportunity for a variety of industrial uses. The asking price is $1,975,000.

• CAP approach

  CAP return

  Valuation

  6%

  $9,860,574

  6.5%

  $9,102,068

  7%

  $8,451,921

• Comparable approach

  Method

  Valuation

  Relative Method

  $9,504,397

  Geo Method

  $12,193,744

• Alternative Use

  Use

  Valuation

  Residential

  $7,677,935

  Hospitality

  $7,032,948

  Educational

  $5,851,330

  Medical

  $6,052,566

  Retail

  $9,102,068

Location Insight

City

Milwaukee

County

Milwaukee

State

Wisconsin

Latitude

43.1149

Longitude

-87.9635

CBSA code

33340

CBSA name

MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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