6944 Port Washington RdGlendale, WI 53217
- Office properties
- 13,704 SF
Property Details for 6944 Port Washington Rd
- Year built
- 1972
- Lot size
- 0.52 AC
- Property size (Sq ft)
- 13,704 SF
- Property type
- Office properties
- Property subtype
- 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.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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