1410 S 72nd St, West Allis, WI
Cash flowing retail and multifamily property in West Allis.
- Added:
- Oct 4, 2024
- Days on Market:
- 627
- Last Refresh:
- May 20 at 8:54 pm
Property Features for 1410 S 72nd St
General Information
- Standard status
- Active
- Size
- 12,672 SF
- Lot size
- 0.17 Acres
- Property subtype
- RETAIL
Listing agent Luke Fehrenbach (262) 312-4865
Listing office Ogden & Company, Inc., AMO (262) 312-4865
Listing date Oct 4, 2024
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 Ogden & Company, Inc., AMO
HighLights
- Cash flowing mixed‑use investment property.
- Located on a corner lot along Greenfield Ave in West Allis, WI.
- Features 10 residential units and 4 commercial spaces (12,672 sf).
- New roof installed in July 2024.
- 5 Storage units in the basement generating additional income.
- Located in the West Allis BID District, close to amenities and public transportation.
Overview
Local Financial Insights For Mixed Use
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $304.1k | $24.00 |
| − Vacancy | −$54.7k | −$4.32 |
| EGI | $249.4k | $19.68 |
| − OpEx | −$93.5k | −$7.38 |
| NOI | $155.9k | $12.30 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- West Allis
- County
- Milwaukee
- State
- Wisconsin
- Longitude
- -88.0167
- Latitude
- 43.0169