Mixed-Use Property with
For Sale
Contact for pricing
1107 W Oklahoma Ave Unit 8, Milwaukee, WI 53215
Five units are currently available, with tenant parking provided on an unassigned first-come, first-served basis.
Property Size150 SF
Price / SF$1.20
Days on Market48
Property Features for 1107 W Oklahoma Ave Unit 8
General Information
Standard status
Active
Size
150 SF
Site & Location
Neighborhood
Polonia
Building Details
Year Built
1952
Listing Agency:
The Real Estate Studio
Listed By:
Elite Realty Group*
(262) 444-1727
Source:
Jwregwi
Added: Sep 18
Changed: Oct 25
Last Checked: Oct 7 at 4:33PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Real Estate Studio
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Investment Insights
Based on property information with market context.
This mixed-use property at 1107 W Oklahoma Ave Unit 8 includes five available units and on-site parking for tenants. Parking spaces are unassigned and offered on a first-come, first-served basis.
Constructed in 1952, the property is located in Milwaukee, Wisconsin. Additional street parking may be available, subject to applicable municipal regulations and restrictions.
Constructed in 1952, the property is located in Milwaukee, Wisconsin. Additional street parking may be available, subject to applicable municipal regulations and restrictions.
Key Highlights
- Five units currently available
- On‑site tenant parking
- Parking spaces are unassigned and first‑come, first‑served
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$1,843
Suggested Prices Based on Cap Rates
Cap Rate 5%
$36,860
$36.9K
Cap Rate 7%
$26,329
$26.3K
Cap Rate 9%
$20,478
$20.5K
Market Conditions
NOI Build-Up for 150 SF
Gross rent
$3.2K $21.60/SF
− Vacancy
−$292 −$1.94/SF
EGI
$2.9K $19.66/SF
− OpEx
−$1.1K −$7.37/SF
NOI
$1.8K $12.29/SF
Area
ZIP 53215
Vacancy
9.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$36,860
Cap Rate 7%
$26,329
Cap Rate 9%
$20,478
Alternative Uses
Best Use
Mixed Use
$26.3K
$23.0K – $30.7K
NOI $1,843 @ 7.0% cap · market cap 1,023.89%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$113.7K
$99.5K – $132.7K
NOI $7,959 @ 7.0% cap · market cap 4,421.67%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
809
Businesses Nearby
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Business Placement
Demographics for 53215, WI
59,359
Population
21,307
Households
2.8
Avg Household Size
31
Median Age
11%
College-Educated
67%
High-School Grad
5.5 sq mi
ZIP Area
10,793
Density / Sq Mi
$49,207
Median Household Income
$32,261
Median Earnings
$933
Median Rent
$148,400
Median Home Value
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Five units are currently available, with tenant parking provided on an unassigned first-come, first-served basis.
Where is this mixed-use property located?
The property is located at 1107 W Oklahoma Ave Unit 8 Milwaukee, WI.
What are key features of this property?
This property features: Five units currently available; On‑site tenant parking; Parking spaces are unassigned and first‑come, first‑served
