Industrial Building with Grade
3415 S Brust Ave., Milwaukee, WI 53207
For Sale
Contact for pricing
A fenced, gated paved lot provides secure vehicle parking for the industrial property.
Property Size12,600 SF
Lot Size1.33 Acres
Price / SF$107.14
Days on Market21
Property Features for 3415 S Brust Ave.
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Zoning
Site & Location
Neighborhood
Highway Access
Fenced Yard
Additional Details
Drive-In Doors
Property Use
Building Details
Building Size
Construction
Listing Agency:
JLL
Listed By:
James Young
(414) 944-2105
Source:
Crexi
Added: Oct 21
Changed: Nov 8
Last Checked: Nov 8 at 4:49PM
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 JLL
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Investment Insights
Based on property information with market context.
The masonry industrial building contains 12,600 SF and sits on 1.33 acres zoned IL-1. Its paved lot is enclosed by fencing and a gate, with approximately 60 parking spaces. Four grade-level doors, each measuring 12' x 12', serve the building and allow two front-to-back drive-through bays.
The property is one mile from I-794 and two miles from I-43, providing access to both routes.
The property is one mile from I-794 and two miles from I-43, providing access to both routes.
Key Highlights
- 12,600 SF masonry industrial building on 1.33 acres
- IL‑1 zoning
- Four 12' x 12' grade‑level doors configure into two drive‑through bays
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,881
Cap Rate
3.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$917,620
$917.6K
Cap Rate 7%
$655,443
$655.4K
Cap Rate 9%
$509,789
$509.8K
Market Conditions
NOI Build-Up for 12,600 SF
Gross rent
$68.9K $5.47/SF
− Vacancy
−$3.4K −$0.27/SF
EGI
$65.5K $5.20/SF
− OpEx
−$19.7K −$1.56/SF
NOI
$45.9K $3.64/SF
Area
Milwaukee, WI
Vacancy
4.90%
Lease Rate
$5.47 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$917,620
Cap Rate 7%
$655,443
Cap Rate 9%
$509,789
Alternative Uses
Best Use
Industrial
$655.4K
$573.5K – $764.7K
NOI $45,881 @ 7.0% cap · market cap 3.40%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.03M
$2.65M – $3.53M
NOI $211,952 @ 7.0% cap · market cap 15.70%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Current Use
Lease Details
4
Drive-in doors
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
406
Businesses Nearby
Explore this area
Business Placement
Demographics for 53207, WI
34,292
Population
17,278
Households
2
Avg Household Size
37
Median Age
45%
College-Educated
94%
High-School Grad
10.0 sq mi
ZIP Area
3,429
Density / Sq Mi
$79,576
Median Household Income
$53,886
Median Earnings
$1,145
Median Rent
$228,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Industrial properties in Milwaukee, WI
Properties on Market for Industrial properties in Milwaukee
Vacancy Rate% for Industrial in Milwaukee, WI
Frequently Asked Questions
What type of property is this?
Industrial property - A fenced, gated paved lot provides secure vehicle parking for the industrial property.
Where is this industrial property located?
The property is located at 3415 S Brust Ave. Milwaukee, WI.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: 12,600 SF masonry industrial building on 1.33 acres; IL‑1 zoning; Four 12' x 12' grade‑level doors configure into two drive‑through bays
