4701 Greenfield AveWest Milwaukee, WI 53214

  • Industrial properties
  • 56.02 AC
For Sale
$15,000,000 View listing

Property Details for 4701 Greenfield Ave

Lot size
56.02 AC
Property type
Industrial properties
APN
436-1117-013
APU
4361117013

Description

This expansive 753,076 square foot industrial campus, located at 4701 W Greenfield Ave in West Milwaukee, Wisconsin, presents a significant investment opportunity. The property, encompassing 56.02 acres, features multiple buildings with a diverse range of uses, including executive office space, warehouse storage, and manufacturing capabilities. Built between 1920 and 1973, the campus boasts impressive ceiling heights ranging from 14'11" to a remarkable 48'6", averaging 20' or higher. Overhead cranes are installed throughout, enhancing operational efficiency. The site is fully fenced and secure, offering peace of mind and controlled access. Its strategic location in southeast Wisconsin provides easy access to Interstate 94 and American Family Field. The property's zoning is primarily M-2, with portions zoned B-2, B-3, and RD-1, allowing for potential redevelopment opportunities. Common utilities serve the site, ensuring efficient energy distribution. The asking price is $15,000,000, with the sale terms being "as-is," including seller indemnification, and a preference for a quick close. The property is currently vacant, offering immediate occupancy for the buyer. Extensive crane bays are ideal for manufacturing and distribution, complemented by ample outside storage space. This is a rare opportunity to acquire a substantial, well-located industrial campus with significant potential for various uses.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $504,368,000
    Hospitality
    $461,998,368
    Educational
    $384,377,216
    Medical
    $397,596,544
    Retail
    $597,920,128

Location Insight

City
West Milwaukee
County
Milwaukee
State
Wisconsin
Latitude
43.0145
Longitude
-87.974
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
$165,494
$2,492,900
$3,308,000
$5,800,900
-
-
-
$7,261,100

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