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    2330 W Fond Du Lac Ave, Milwaukee, WI 53206

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    For Lease
    $4,000/Mo $6 SF/Yr (calc)

    Retail,Warehouse,Wholesale - Milwaukee, WI

    Property size:
    7,415 SF
    Lot size:
    0.41 Acres
    Added:
    Jun 2, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 3 at 5:06 pm

    Property Features for 2330 W Fond Du Lac Ave

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Zoning
    LB2
    Interior features
    Fixtures, Inside Storage, Other, Rest Rooms
    Exterior features
    220 Volt Power, Fenced Yard
    Fencing
    Fenced
    Standard status
    Active
    APN
    3250403100
    Size
    7,415 SF
    Lot size
    0.41 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    7289

    Utilities

    Heating system
    Natural Gas

    Building Details

    Year built
    1971
    Floors in Building
    1
    Building materials
    Brick
    Roof type
    Metal
    Architectural style
    Other

    We can help!

    Listing Contact
    Victor Delgado

    Listing agent Victor Delgado License #114042-94

    Listing office RE/MAX Lakeside-South 5341 S. 27th Street, Greenfield, WI 53221, Milwaukee, WI

    Listing date Jun 2, 2026

    MLS# 1965434 Listing URL

    Copyright © 2026 Metro MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Solid brick building built in 1971 with metal roof
    • Multiple business spaces available: mechanic shop (3 bays with 3 lifts and alignment equipment), retail shop, and warehouse
    • Retail shop with separate entrance plus previous barber setup with shampoo bowl back sinks
    • Warehouse space previously used for detailing hand carwash
    • Fenced yard with 220‑volt power and inside storage
    • Ample outside parking for 20+ vehicles; landlord prefers leasing all 3 spaces together

    Overview

    This solid brick building is configured for multiple business uses under one roof, with three distinct components available for lease together. The mechanic shop includes three bays with three lifts, along with alignment equipment. A separate retail shop entry is also included, with historical build-out featuring shampoo bowl back sinks. The third portion is a warehouse area that was previously used for detailing and hand car wash activities.

    The property is located at 2330 W Fond Du Lac Ave in Milwaukee, WI 53206, and is zoned LB2. There is ample outside parking on site, with capacity for 20+ vehicles, supporting customer access and day-to-day operations.

    For tenants seeking a combined auto-oriented setup, this arrangement can streamline operations by placing service, retail, and warehouse work in the same facility. The landlord’s preference is to lease all three spaces together, which may suit operators looking for a unified site to support both service and customer-facing functions.
    Property Profile Location Intelligence

    Current Use by Public Records

    The Glam Box LLC Hair Salon

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Milwaukee
    County
    Milwaukee
    State
    Wisconsin
    Longitude
    -87.941759
    Latitude
    43.063236

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    FAQs

    What type of property is this?
    Flex space - Brick flex building combines a mechanic shop, retail suite, and warehouse with 20+ outdoor parking spaces.
    Where is this flex space located?
    The property is located at 2330 W Fond Du Lac Ave Milwaukee, WI.
    What is the lease rate?
    The lease rate is $4,000 /Mo.
    What are key features of this property?
    This property features: Solid brick building built in 1971 with metal roof; Multiple business spaces available: mechanic shop (3 bays with 3 lifts and alignment equipment), retail shop, and warehouse; Retail shop with separate entrance plus previous barber setup with shampoo bowl back sinks
    (414) 467-1353
    We can help!
    Listing Contact
    Victor Delgado
    Real Estate License ID: 114042-94
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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