5005 Loomis RdGreenfield, WI 53220

Property Details for 5005 Loomis Rd

Lot size

0.64 AC

Property size (Sq ft)

7,976 SF

Property type

Other commercial real estate

APN

647-9977-002

APU

6479977002

Description

This exceptional investment opportunity presents a 10,023-square-foot multi-tenant office building situated on a high-traffic intersection in Greenfield, Wisconsin. The property, located at 5005 W Loomis Rd, boasts convenient access to major freeways, placing it minutes from downtown Milwaukee. The 1.5-acre site includes two lots and offers numerous ingress/egress points on Edgerton and Loomis Roads, ensuring easy accessibility for tenants and customers. With a daily traffic count of 25,200 vehicles, this location is highly visible and attractive to businesses. The property's current income stream makes it an ideal value-add opportunity for an investor seeking to capitalize on the strong demand in the area. Recent development in the region underscores the desirability of this location. The existing building presents a prime redevelopment opportunity, allowing for significant potential to increase value and rental income. This property is perfect for an owner-occupant or an investor looking for a strong return on investment in a thriving market. The property is zoned for office use and offers significant potential for future development. The asking price is $1,350,000.

• Alternative Use

  Use

  Valuation

  Residential

  $1,648,431

  Hospitality

  $1,509,954

  Educational

  $1,256,264

  Medical

  $1,299,469

  Retail

  $1,954,188

Location Insight

City

Greenfield

County

Milwaukee

State

Wisconsin

Latitude

42.9518

Longitude

-87.9772

CBSA code

33340

CBSA name

MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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