4505 Woolworth AveMilwaukee, WI 53218

Property Details for 4505 Woolworth Ave

Year built

1974

Lot size

2.49 AC

Property size (Sq ft)

79,572 SF

Zone code

IL1

Property type

Warehouses

APN

157-0012-000

APU

1570012000

Description

This exceptional industrial property, located at 4505 W Woolworth Ave, Milwaukee, WI 53218, offers 28,178 square feet of warehouse space currently fully leased. Situated on a generous 9.5-acre lot, this multi-tenant building presents a compelling investment opportunity. The warehouse boasts impressive ceiling heights ranging from 17 to 19 feet, providing ample vertical space for storage and operations. The property is zoned IL-1 Light Industrial, ensuring flexibility for a variety of uses. While the exact power specifications are to be verified (TBV), the building's size and features suggest significant capacity. The property's address is 4505 W Woolworth Ave, Milwaukee, Wisconsin. Given its current occupancy status, this property is ideal for investors seeking a stable, income-generating asset within the Milwaukee industrial market. Interested parties should inquire for further details regarding lease terms and financial information. The property's location offers convenient access to major transportation routes, enhancing its logistical appeal. This fully occupied warehouse represents a strong investment opportunity in a thriving industrial area. The building's substantial size and versatile zoning make it suitable for a range of industrial businesses.

• CAP approach

  CAP return

  Valuation

  6%

  $33,082,200

  6.5%

  $30,537,400

  7%

  $28,356,200

• Comparable approach

  Method

  Valuation

  Relative Method

  $12,925,400

  Geo Method

  $16,582,800

• Alternative Use

  Use

  Valuation

  Retail / Commercial

  $15,474,400

  Mixed-Use / Specialty

  $15,273,400

  Hospitality / Lodging

  $11,015,800

  Office

  $15,030,800

  Institutional / Educational

  $15,826,100

  Residential Income

  $18,516,500

  Multifamily

  $23,016,100

  Automotive / Energy

  $13,565,200

  Parking / Income-Based Land

  $4,825,250

  Restaurant / Food Service

  $7,632,620

  Healthcare / Senior Housing

  $15,812,100

Location Insight

City

Milwaukee

County

Milwaukee

State

Wisconsin

Latitude

43.1327

Longitude

-87.9687

CBSA code

33340

CBSA name

MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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