6707 Hampton AveMilwaukee, WI 53218

  • Retail properties
  • 13,855 SF
For Lease
$9/SF/YR View listing

Property Details for 6707 Hampton Ave

Year built
1998
Lot size
1.26 AC
Property size (Sq ft)
13,855 SF
Zone code
LB2
Property type
Retail properties
Property subtype
Drug stores
APN
226-1181-000
APU
2261181000

Description

This exceptional 13,905-square-foot retail space is ideally situated at 6707 W Hampton Avenue in Milwaukee, Wisconsin, within Milwaukee County. The property boasts a single-tenant occupancy configuration, currently entirely vacant, presenting a unique opportunity for a prospective tenant to establish a significant presence in a bustling Milwaukee neighborhood. The building's substantial size offers ample space for a variety of retail uses, allowing for flexible layout and design to accommodate specific business needs. Its location in the 53218 zip code provides excellent access to a strong customer base and convenient transportation links. The property is classified as commercial retail and offers a blank canvas for a new business venture. All offers are subject to the Walgreens Real Estate Committee's approval. This is a prime opportunity for a business seeking a large, high-visibility location in a thriving Milwaukee market. The property's size and vacant status make it an attractive proposition for businesses looking to expand or establish a new location. Detailed site plans and specifications are available upon request. Serious inquiries only. This is a single-tenant building, offering a unique opportunity for a business to occupy the entire space. The property's location in Milwaukee, Wisconsin, offers access to a diverse population and strong local economy. The property is ready for immediate occupancy.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,677,476
    6.5%
    $3,394,594
    7%
    $3,152,123
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,544,641
    Geo Method
    $4,547,626
  • Alternative Use

    Use
    Valuation
    Residential
    $2,863,467
    Hospitality
    $2,622,920
    Educational
    $2,182,239
    Medical
    $2,257,289
    Retail
    $3,394,594
6707 Hampton Ave, Milwaukee, Wisconsin

Location Insight

City
Milwaukee
County
Milwaukee
State
Wisconsin
Latitude
43.1045
Longitude
-87.9958
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
$55,339
$767,000
$1,557,200
$2,324,200
-
$767,000
$1,557,200
$2,324,200

FAQs

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