Listing Agency: Newmark - Milwaukee r***@mlgcommercial.com Show Phone

Listed By: Rachel Schmidt, CCIM · License #WI 38377

Source: Crexi

Added: Mar 29, 2024 Changed: Aug 19 Last Checked: Aug 31 at 8:55PM

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Investment Insights

Based on property information with market context.

This development site is suitable for office, medical office, research and development, or light industrial purposes. The property is well-positioned for development.

Key Highlights

• Suitable for office, medical office, R&D, or light industrial development
• Development site

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Dental Office Pharmacy Restaurant Law Firm Furniture & Home Goods

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

Location Intelligence

Trade Area within ½ mile

487

Businesses Nearby

Explore this area Business Placement

Demographics for 53225, WI

25,138

Population

11,019

Households

2.3

Avg Household Size

33

Median Age

22%

College-Educated

91%

High-School Grad

7.0 sq mi

ZIP Area

3,591

Density / Sq Mi

$54,433

Median Household Income

$40,463

Median Earnings

$1,094

Median Rent

$174,500

Median Home Value

Market

Vacancy Rate% for Office in Milwaukee, WI

16.5% 2019

19.8% 2020

20.4% 2021

21.7% 2022

22.9% 2023

24.7% 2024

24.7% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this commercial land located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Commercial land - Development site suitable for office, medical, R&D, or light industrial.

Where is this commercial land located?

The property is located at 5360 N 118th Ct Milwaukee, 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: Suitable for office, medical office, R&D, or light industrial development; Development site