Listing Agency: Newmark - Milwaukee

Listed By: Rachel Schmidt, CCIM · License #38377 Show Phone

Source: Nmrk

Added: Mar 26 Changed: Oct 16 Last Checked: Oct 19 at 5:41AM

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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

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Current Use

Commercial land

Suggested Use

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

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

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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 North 118th Court Milwaukee, WI.

What is the asking price?

The asking price for this property is $950,000.

What are key features of this property?

This property features: Suitable for office, medical office, R&D, or light industrial development; Development site