10920 Lincoln AveWest Allis, WI 53227

Property Details for 10920 Lincoln Ave

Lot size

5.09 AC

Property type

Commercial real estate

APN

481-9991-010

APU

4819991010

Description

This exceptional industrial property, the West Allis Commerce Center, located at 10920 W Lincoln Ave, West Allis, WI 53227, offers a significant opportunity for businesses seeking flexible warehouse and distribution space. The 109,372 square foot building, situated on a 5.91-acre lot, boasts a variety of options, with spaces ranging from a minimum of 6,000 square feet to a maximum contiguous space of 36,416 square feet. Currently, 90,895 square feet is available for lease. Built in 1962 and renovated in 1994, the property features 14' to 15' ceiling heights, providing ample vertical storage capacity. Loading and unloading is facilitated by two loading docks and one drive-in door. Ample parking is available with 286 stalls. The property is zoned M-1 Manufacturing District in Milwaukee County and benefits from robust 3-phase, 480/277 Volt power with a 1,200 Amp main service. This well-maintained facility offers a strategic location and versatile space ideal for various industrial and distribution needs. The property's multi-tenant configuration allows for flexibility in lease terms and space requirements. Inquire today to explore the possibilities.

• CAP approach

  CAP return

  Valuation

  6%

  $45,345,500

  6.5%

  $41,857,400

  7%

  $38,867,500

• Comparable approach

  Method

  Valuation

  Relative Method

  $22,496,500

  Geo Method

  $28,862,100

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $85,039,700

  Retail / Commercial

  $43,092,700

  Mixed-Use / Specialty

  $42,533,000

  Hospitality / Lodging

  $30,676,400

  Office

  $41,857,400

  Institutional / Educational

  $44,072,000

  Residential Income

  $51,564,300

  Multifamily

  $64,094,500

  Automotive / Energy

  $37,776,000

  Parking / Income-Based Land

  $13,437,200

  Restaurant / Food Service

  $21,255,100

  Healthcare / Senior Housing

  $44,033,200

Location Insight

City

West Allis

County

Milwaukee

State

Wisconsin

Latitude

43.0035

Longitude

-88.0492

CBSA code

33340

CBSA name

MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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