This exceptional 8,080 square foot executive office building, located at 7212 W Fond Du Lac Ave in Milwaukee, Wisconsin, presents a remarkable investment opportunity. Built in 1962, this two-story property sits on a 0.22-acre lot and is currently vacant, offering unparalleled flexibility for a new owner. The building is subdivided into numerous individual office spaces of varying sizes, allowing for diverse configuration options to suit a variety of business needs. A convenient small loading dock is situated at the rear of the building, enhancing logistical capabilities. Separate men's and women's restrooms are located on each floor for added convenience. A central boiler system efficiently heats the entire building. Ample parking is provided in the adjacent lot, included in the sale. The property's APN is 2120284000. Prospective buyers are responsible for conducting their own due diligence regarding permitted zoning uses. This prime Milwaukee location, with its existing infrastructure and adaptable layout, makes this property ideal for a range of commercial ventures. The asking price is $270,000. Don't miss this chance to acquire a versatile and well-located commercial property in a thriving market. The property's zip code is 53218.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$1,458,940
6.5%
$1,346,714
7%
$1,250,520
Comparable approach
Method
Valuation
Relative Method
$820,307
Geo Method
$1,052,420
Alternative Use
Use
Valuation
Residential
$1,669,925
Hospitality
$1,529,642
Educational
$1,272,644
Medical
$1,316,413
Retail
$1,979,669
Location Insight
City
Milwaukee
County
Milwaukee
State
Wisconsin
Latitude
43.1102
Longitude
-88.0014
CBSA code
33340
CBSA name
MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA
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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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