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Three-Building Manufacturing Package
For Sale
$800,000

3645 E Mallory Ave, Cudahy, WI 53110

Steel industrial buildings provide occupied shop space across separate parcels in Cudahy’s east-side manufacturing corridor.

Property Size9,464 SF
Price / SF$84.53
Days on Market55

Property Features for 3645 E Mallory Ave

General Information

Standard status Active
Size 9,464 SF
Property subtype Commercial
Occupancy 100%

Additional Details

Highway Access Yes

Building Details

Year Built 1987
Buildings 3
Construction steel
Tenancy Single
Listing Agency: RE/MAX Lakeside-South
Listed By: Jose Santiago · License #42104
Source: Homesinwisconsin
Added: Aug 27 Changed: Oct 6 Last Checked: Oct 19 at 7:12AM

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 RE/MAX Lakeside-South

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Investment Insights

Based on property information with market context.

This offering includes three industrial buildings on separate parcels, conveyed together as a single package. The improvements total 9,464 square feet and feature steel construction with functional shop areas. Completed in 1987, the buildings are fully occupied by one manufacturing tenant.

The properties are located at 3645 E Mallory Ave, 3643 E Mallory Ave, and 3636 E Adams Ave in Cudahy, Wisconsin. Access to the Lake Parkway (WIS-794), I-94, Mitchell International Airport, and Port Milwaukee places the package within the Milwaukee south shore area. The sale is offered on a package-only basis.

Key Highlights

  • Three industrial buildings on separate parcels
  • 9,464 SF total property size
  • Fully occupied by a single manufacturing tenant

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$34,462
Cap Rate
4.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$689,240 $689.2K
Cap Rate 7%
$492,314 $492.3K
Cap Rate 9%
$382,911 $382.9K
Market Conditions
NOI Build-Up for 9,464 SF
Gross rent
$51.8K $5.47/SF
− Vacancy
−$2.5K −$0.27/SF
EGI
$49.2K $5.20/SF
− OpEx
−$14.8K −$1.56/SF
NOI
$34.5K $3.64/SF
Area
Milwaukee County, 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%
$689,240
Cap Rate 7%
$492,314
Cap Rate 9%
$382,911

Alternative Uses

Best Use
Industrial
$492.3K
$430.8K – $574.4K (±1% cap)
NOI $34,462 @ 7.0% cap · market cap 4.31%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.24M
$1.96M – $2.62M (±1% cap)
NOI $157,098 @ 7.0% cap · market cap 19.64%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Riedel Tool & Machine ... Industrial Manufacturer

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Gym & Fitness Center Skin Care Clinic Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

311
Businesses Nearby

Demographics for 53110, WI

18,204
Population
8,866
Households
2.1
Avg Household Size
41
Median Age
27%
College-Educated
93%
High-School Grad
4.8 sq mi
ZIP Area
3,793
Density / Sq Mi
$66,717
Median Household Income
$46,920
Median Earnings
$977
Median Rent
$201,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025

Frequently Asked Questions

What type of property is this?
Manufacturing property - Steel industrial buildings provide occupied shop space across separate parcels in Cudahy’s east-side manufacturing corridor.
Where is this manufacturing property located?
The property is located at 3645 E Mallory Ave Cudahy, WI.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Three industrial buildings on separate parcels; 9,464 SF total property size; Fully occupied by a single manufacturing tenant
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