1720 Florist AveGlendale, WI 53209

  • Office buildings
  • 39,793 SF
For Lease
$8.75/SF/YR View listing

Property Details for 1720 Florist Ave

Year built
1990
Lot size
2.75 AC
Property size (Sq ft)
39,793 SF
Property type
Office buildings
APN
161-8032-001
APU
1618032001

Description

This exceptional flex space at 1720 W Florist Ave in Glendale, Wisconsin, offers a unique opportunity for businesses seeking versatile office and industrial space. Located within the Glendale Corporate Center, this property boasts a total of 39,793 square feet, with multiple tenancy options available. Two immediately available spaces total 13,232 square feet of vacant space, with one unit at 3,000 square feet and another at 10,000 square feet. The minimum divisible space is 3,000 square feet, while the maximum contiguous space available is 10,232 square feet. Built in 1990 and renovated in 2000, the property sits on a 2.74-acre lot and features four loading docks and six dock-high doors, ensuring efficient loading and unloading. Ample parking is provided at a ratio of 4 spaces per 1,000 square feet. The property benefits from robust 480V 250 Amp 3-phase power. The zoning is M-1, and the Assessor's Parcel Number (APN) is 161-8032-001. This Glendale location offers easy access to major transportation routes and amenities, making it an ideal choice for a variety of businesses. Don't miss this chance to secure your ideal workspace in this well-maintained and strategically located property.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $7,185,098
    6.5%
    $6,632,398
    7%
    $6,158,656
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,039,912
    Geo Method
    $5,183,038
  • Alternative Use

    Use
    Valuation
    Residential
    $8,224,174
    Hospitality
    $7,533,300
    Educational
    $6,267,616
    Medical
    $6,483,170
    Retail
    $9,749,626

Location Insight

City
Glendale
County
Milwaukee
State
Wisconsin
Latitude
43.127
Longitude
-87.9323
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
$46,485
$260,000
$1,490,000
$1,750,000
-
-
-
$2,109,400

FAQs

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