6707 Hampton AveMilwaukee, WI 53218
- Drug stores
- 13,855 SF
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
- 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%
- $2,918,920
- 6.5%
- $2,694,380
- 7%
- $2,501,930
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,462,870
- Geo Method
- $1,876,800
-
Alternative Use
- Use
- Valuation
- Industrial / Distribution
- $5,317,140
- Mixed-Use / Specialty
- $2,659,390
- Hospitality / Lodging
- $1,918,050
- Office
- $2,617,150
- Institutional / Educational
- $2,755,620
- Residential Income
- $3,224,080
- Multifamily
- $4,007,530
- Automotive / Energy
- $2,361,960
- Parking / Income-Based Land
- $840,168
- Restaurant / Food Service
- $1,328,980
- Healthcare / Senior Housing
- $2,753,190
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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