7007 Range Line RdGlendale, WI 53209

Property Details for 7007 Range Line Rd

Year built

1988

Lot size

2.52 AC

Property size (Sq ft)

11,965 SF

Property type

Healthcare properties

Property subtype

Hospitals

APN

124-8006-000

APU

1248006000

Description

This exceptional 11,970-square-foot medical office building, located at 7007 Range Line Road in Glendale, Wisconsin, presents a unique investment opportunity. The property sits on a generous 2.52-acre lot and offers ample parking with 67 surface stalls. Currently fully vacant, this single-tenant building provides a blank canvas for a discerning buyer to customize and lease to their ideal tenant. The building is zoned for Miscellaneous Commercial use, providing flexibility for a variety of medical-related businesses. Its prime location in Milwaukee County, with easy access via Range Line Road and a 53209 zip code, ensures high visibility and convenient access for patients and staff. The building's substantial size and ample parking make it an attractive prospect for a large medical practice or a multi-specialty clinic. This is a rare opportunity to acquire a sizable, well-located medical office building in a thriving Wisconsin community. The property's size and zoning offer significant potential for future development or expansion. The building's current vacant status allows for immediate occupancy and customization to meet specific needs. Serious inquiries are encouraged.

• CAP approach

  CAP return

  Valuation

  6%

  $2,111,813

  6.5%

  $1,949,366

  7%

  $1,810,126

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,396,934

  Geo Method

  $1,792,207

• Alternative Use

  Use

  Valuation

  Residential

  $2,472,853

  Hospitality

  $2,265,120

  Educational

  $1,884,553

  Medical

  $1,949,366

  Retail

  $2,931,528

Location Insight

City

Glendale

County

Milwaukee

State

Wisconsin

Latitude

43.1455

Longitude

-87.9467

CBSA code

33340

CBSA name

MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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