7212 Fond Du Lac AveMilwaukee, WI 53218

  • Office properties
  • 8,080 SF
For Sale
$270,000 View listing

Property Details for 7212 Fond Du Lac Ave

Year built
1962
Lot size
0.11 AC
Property size (Sq ft)
8,080 SF
Zone code
CS
Property type
Office properties
Property subtype
Office buildings
APN
212-0285-000
APU
2120285000

Description

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
7212 Fond Du Lac Ave, Milwaukee, Wisconsin

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

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
$3,572
$7,200
$142,800
$150,000
-
$7,200
$142,800
$150,000

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