Auto Shop and Retail
For Sale
$847,733
4934 W Fond Du Lac Ave, Milwaukee, WI 53216
For sale automotive-focused property classified as an auto shop and retail space in Milwaukee, WI.
Property Size7,000 SF
Days on Market28
Property Features for 4934 W Fond Du Lac Ave
General Information
Standard status
Active
Size
7,000 SF
Property subtype
Commercial
Lease Term
± 5 Years
Net Operating Income
$76,296
Building Details
Building Size
7,000 SF
Year Built
2004
Listing Agency:
Matthews Real Estate Investment Services | Dallas
(214) 692-2289
Listed By:
Josh Bishop · License #688810 (TX)
(214) 692-2289
Source:
Matthews
Added: Jul 25
Changed: Aug 8
Last Checked: Aug 21 at 3:51AM
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 Matthews Real Estate Investment Services | Dallas
Investment Insights
Based on property information with market context.
This property is listed for sale and is classified across multiple commercial property types, including auto shops, automotive properties, and retail properties and spaces. The listing is positioned as an automotive-oriented commercial asset with a retail component, making it appropriate for parties seeking that general use profile.
The property is located at 4934 W Fond Du Lac Ave in Milwaukee, Wisconsin 53216. Prospective buyers and brokers can review the existing space and intended configuration directly as part of their due diligence for an automotive and retail use approach.
The property is located at 4934 W Fond Du Lac Ave in Milwaukee, Wisconsin 53216. Prospective buyers and brokers can review the existing space and intended configuration directly as part of their due diligence for an automotive and retail use approach.
Key Highlights
- Year built: 2004
- Automotive‑focused property classified as an auto shop and retail space
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$73,427
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.66%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,468,540
$1.5M
Cap Rate 7%
$1,048,957
$1.0M
Cap Rate 9%
$815,856
$815.9K
Market Conditions
NOI Build-Up for 7,000 SF
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.
Gross rent
$113.4K $16.20/SF
− Vacancy
−$8.5K −$1.22/SF
EGI
$104.9K $14.99/SF
− OpEx
−$31.5K −$4.50/SF
NOI
$73.4K $10.49/SF
Area
Milwaukee, WI
Vacancy
7.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,468,540
Cap Rate 7%
$1,048,957
Cap Rate 9%
$815,856
Alternative Uses
Best Use
Retail
$1.05M
$917.8K – $1.22M
NOI $73,427 @ 7.0% cap · market cap 8.66%
Second Best
Industrial
$364.1K
$318.6K – $424.8K
NOI $25,490 @ 7.0% cap · market cap 3.01%
Theoretical Best
Office A
$1.68M
$1.47M – $1.96M
NOI $117,751 @ 7.0% cap · market cap 13.89%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
746
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 53216, WI
30,109
Population
13,556
Households
2.2
Avg Household Size
36
Median Age
18%
College-Educated
85%
High-School Grad
4.6 sq mi
ZIP Area
6,545
Density / Sq Mi
$43,466
Median Household Income
$34,823
Median Earnings
$970
Median Rent
$122,800
Median Home Value
Market
Vacancy Rate% for Retail in Milwaukee, WI
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Car Clinic — 5811 W Capitol Dr, Milwaukee, WI 53216
- J.D. Auto & Cycles — 3823 W Fond du Lac Ave, Milwaukee, WI 53216
- Ernie's Super Services — 4870 W Fond du Lac Ave, Milwaukee, WI 53216
- GoodLife Auto Repair LLC — 3901 W Capitol Dr, Milwaukee, WI 53216
- Safest Towing Service — 4345 WI-145, Milwaukee, WI 53216
Frequently Asked Questions
What type of property is this?
Auto shop - For sale automotive-focused property classified as an auto shop and retail space in Milwaukee, WI.
Where is this auto shop located?
The property is located at 4934 W Fond Du Lac Ave Milwaukee, WI.
What is the asking price?
The asking price for this property is $847,733.
What are key features of this property?
This property features: Year built: 2004; Automotive‑focused property classified as an auto shop and retail space
