5470 Port Washington RdGlendale, WI 53217

  • Retail properties
  • 3,117 SF
For Lease
$32/SF/YR View listing

Property Details for 5470 Port Washington Rd

Year built
1994
Lot size
0.98 AC
Property size (Sq ft)
3,117 SF
Property type
Retail properties
Property subtype
Drive through restaurants
APN
197-8946-000
APU
1978946000

Description

This exceptional 3,119 square foot retail property, situated on a 0.98-acre lot in Glendale, Wisconsin, presents a unique investment opportunity. Located at 5470 N Port Washington Rd, this single-tenant building boasts a prime freestanding location within a strong regional trade area. Its strategic positioning ensures high visibility, particularly from the nearby I-43 freeway, a major thoroughfare with a significant daily traffic volume. The property's location on N Port Washington Road experiences 22,300 vehicles per day, while I-43 sees an impressive 82,300 vehicles per day, providing exceptional exposure to potential customers. The site offers significant potential for a drive-thru, further enhancing its appeal and operational capabilities. This Milwaukee County property is classified as a restaurant space and is ideal for a variety of food service businesses seeking a high-traffic location with excellent visibility. The property's size and location make it an attractive option for businesses looking to establish a strong presence in a thriving market. The zip code is 53217.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $827,333
    6.5%
    $763,692
    7%
    $709,142
  • Comparable approach

    Method
    Valuation
    Relative Method
    $797,448
    Geo Method
    $1,023,093
  • Alternative Use

    Use
    Valuation
    Residential
    $644,202
    Hospitality
    $590,086
    Educational
    $490,945
    Medical
    $507,829
    Retail
    $763,692
5470 Port Washington Rd, Glendale, Wisconsin

Location Insight

City
Glendale
County
Milwaukee
State
Wisconsin
Latitude
43.1168
Longitude
-87.9159
CBSA code
33340
CBSA name
MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$63,564
$2,170,000
$151,000
$2,321,000
-
-
-
$3,161,300

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