Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    S 6th St & W Marquette Ave Oak Creek, WI

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    New industrial property for lease, near I-94.

    Type:INDUSTRIAL
    Property size:
    60,710 SF
    Lot size:
    10.45 Acres
    Added:
    Jan 18, 2023
    Days on Market:
    1196
    Last Refresh:
    Apr 5 at 8:14 pm

    Property Features for S 6th St & W Marquette Ave

    General Information

    Standard status
    Active
    Size
    60,710 SF
    Lot size
    10.45 Acres
    Property subtype
    INDUSTRIAL

    Spaces For Lease

    at S 6th St & W Marquette Ave Contact us

    We can help!

    Listing Contact
    Brian Parrish

    Listing agent Brian Parrish

    Listing office PARADIGM Real Estate

    Listing date Jan 18, 2023

    Source Moodyscre

    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 PARADIGM Real Estate

    Overview

    New Industrial Space Available

    This industrial property offers a lease rate that is negotiable, with proposals available upon request. The estimated delivery date is approximately 12-18 months from lease execution. The property includes ample greenspace with a wooded area. It is locally owned and managed and is located minutes from I-94, offering excellent amenities for employees and businesses nearby. The property size is 60710 square feet.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Similar Places Nearby

    • CubeSmart Self Storage — 275 E Drexel Ave, Oak Creek, WI 53154
    • Blue Sky Self Storage - Oak Creek — 275 E Drexel Ave, Oak Creek, WI 53154
    • Behrens Moving Company, Inc. — 500 W Rawson Ave, Oak Creek, WI 53154

    Map

    City
    Oak Creek
    County
    Milwaukee
    State
    Wisconsin
    Longitude
    -87.9131
    Latitude
    42.9095

    Nearby Similar for Lease

    • $40 SF/Yr

      Retail Development on Howell Avenue

      New retail development in Oak Creek's desirable retail corridor.
      8355 South Howell Avenue, Oak Creek, WI, 53154
      View Details
    • Contact for pricing

      Former Grocery Store For Lease

      Former Pick ‘n Save grocery store available for lease.
      2440 W Ryan Rd, Oak Creek, WI
      View Details
    • Contact for pricing

      Former Grocery Store Available

      Former grocery store available for rent in Oak Creek, WI.
      2320-2400 W Ryan Rd, Oak Creek, WI
      View Details
    • $6 SF/Yr

      Remodeled Space Near Transportation Hubs

      Recently updated commercial space on bus line, near transportation.
      7616 S 6th St, Oak Creek, WI
      View Details
    • Contact for pricing

      Retail Space for Lease

      Retail space available for lease in Oak Creek, Wisconsin.
      120 W Town Square Way, Oak Creek, WI 53154
      View Details
    • Contact for pricing

      Retail Space Available For Rent

      Retail space for rent at 8551 South Howell Avenue.
      8551 South Howell Avenue | Oak Creek, WI 53154
      View Details
    • Contact for pricing

      Oak Creek Warehouse Space Available

      Warehouse space with convenient I-94 access and interstate visibility.
      9875 Stern St, Oak Creek, WI 53154
      View Details
    • $3 SF/Yr

      Functional Warehouse/Production Space Available

      Divisible warehouse/production space with excellent highway access and full amenities.
      7300 S 10th St, Oak Creek, WI
      View Details
    • Contact for pricing

      High Image Flex Unit For Rent

      7,912 SF flex unit with dock and drive-in loading.
      440 W Bell Ct, Oak Creek, WI
      View Details
    • Contact for pricing

      Adaptable Industrial Space Available

      212,835 SF industrial space with occupancy slated for March 2026.
      10000 Ridgeview Dr, Oak Creek, WI
      View Details
    • Contact for pricing

      Oak Creek Specialty Property

      Specialty property available for rent in Oak Creek, Wisconsin.
      100 W Oakwood Rd, Oak Creek, WI
      View Details
    • Contact for pricing

      Flex/R&D Space Available

      New flex/R&D space for lease with loading docks.
      7198 S Millers Way, Oak Creek, WI
      View Details

    FAQs

    What type of property is this?
    Warehouse - New industrial property for lease, near I-94.
    Where is this warehouse located?
    The property is located at S 6th St & W Marquette Ave Oak Creek, WI.
    What are key features of this property?
    This property features: Minutes from I‑94; Excellent amenities for employees and businesses nearby; Ample greenspace with wooded area
    (262) 717-5151 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Brian Parrish
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!