7065 Prt Washington RdGlendale, WI 53217

  • Commercial real estate
  • 1.02 AC

Property Details for 7065 Prt Washington Rd

Lot size
1.02 AC
Property type
Commercial real estate
APN
128-8955-011
APU
1288955011

Description

This exceptional 1.02-acre parcel presents a remarkable opportunity for developers seeking a prime location in Milwaukee County. Situated conveniently near a hotel, this pad-ready site boasts significant advantages for immediate development. The property's zoning allows for the construction of a building up to 12,500 square feet, making it ideal for a variety of commercial uses. Its strategic location along N Port Washington Rd provides exceptional visibility and accessibility, ensuring high traffic volume and customer exposure. The site is designed to accommodate a drive-thru, a highly desirable feature for many businesses, further enhancing its appeal. Multiple access points along N Port Washington Rd offer convenient ingress and egress for both customers and employees. Furthermore, the availability of cross-access parking adds to the property's overall functionality and convenience. This exceptional site offers a unique blend of location, size, and accessibility, making it an unparalleled investment opportunity in a thriving commercial area. The existing infrastructure and pad-ready status significantly reduce development time and costs, allowing for a swift and efficient project launch. This is a rare chance to acquire a highly desirable development site in a sought-after location. Don't miss this opportunity to secure a prime piece of Milwaukee County real estate.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $9,092,220
    6.5%
    $8,392,820
    7%
    $7,793,330
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,510,780
    Geo Method
    $5,787,140
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $17,051,300
    Retail / Commercial
    $8,640,510
    Mixed-Use / Specialty
    $8,528,280
    Hospitality / Lodging
    $6,150,930
    Office
    $8,392,820
    Institutional / Educational
    $8,836,880
    Residential Income
    $10,339,100
    Multifamily
    $12,851,600
    Automotive / Energy
    $7,574,470
    Parking / Income-Based Land
    $2,694,300
    Restaurant / Food Service
    $4,261,860
    Healthcare / Senior Housing
    $8,829,090

Location Insight

City
Glendale
County
Milwaukee
State
Wisconsin
Latitude
43.1451
Longitude
-87.914
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
2022
$10,857
$320,000
$91,500
$411,500
-
-
-
$496,000

FAQs

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Please email our support team at [email protected] and they will add the team member.
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