6944 Prt Washington RdGlendale, WI 53217

Property Details for 6944 Prt Washington Rd

Year built

1972

Lot size

0.52 AC

Property size (Sq ft)

13,704 SF

Property type

Office buildings

APN

128-8986-000

APU

1288986000

Description

This exceptional 9,691 square foot Class B office building presents a unique opportunity for owner-users or redevelopment in Glendale, Wisconsin. Located at 6944 N Port Washington Road, this multi-tenant property boasts impeccable visibility on a major thoroughfare, near a new Aldi and Starbucks. The building sits on a 0.67-acre lot and includes 37 on-site parking spaces, with convenient building access from the rear. The property is zoned B1 and offers monument signage, providing excellent branding opportunities. Its strategic location provides easy access to I-43 via Good Hope Road, benefiting from strong area demographics and high traffic counts. The asking price is $1,215,000, translating to $125.37 per square foot. The property's APN is 128-8986-000. This presents a compelling investment opportunity due to its prime location, ample parking, and potential for either continued operation as an office building or redevelopment to suit a variety of uses. The existing building offers significant potential for a savvy investor or business owner seeking a high-visibility location in a thriving area.

• CAP approach

  CAP return

  Valuation

  6%

  $2,474,420

  6.5%

  $2,284,080

  7%

  $2,120,931

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,391,274

  Geo Method

  $1,784,946

• Alternative Use

  Use

  Valuation

  Residential

  $2,832,259

  Hospitality

  $2,594,334

  Educational

  $2,158,456

  Medical

  $2,232,688

  Retail

  $3,357,598

Location Insight

City

Glendale

County

Milwaukee

State

Wisconsin

Latitude

43.1431

Longitude

-87.9124

CBSA code

33340

CBSA name

MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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