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Warehouse with Dock-Height Doors
New
For Sale
$1,399,000

5515 W Florist Avenue, Milwaukee, WI 53218

Industrial-zoned space combines shipping access with a substantial office buildout.

Property Size20,448 SF
Price / SF$68.42
Days on Market7

Property Features for 5515 W Florist Avenue

General Information

Standard status Active
Size 20,448 SF
Total Parking Spaces 20
Property subtype Commercial
Zoning IL1 Industrial

Site & Location

Neighborhood Havenwoods

Warehouse & Industrial

Dock-High Doors 2
Drive-In Doors 1

Additional Details

Cap Rate 9.5%
Tenant in Place Yes
Property Use Warehouse

Amenities

conference room
kitchen area

Building Details

Building Size 20,448 SF
Year Built 1966
Listing Agency: Berkshire Hathaway Homeservices Metro Realty
Listed By: Segal Goldman Realty Group* · License #7654594
Source: Coactionrealestate
Added: Oct 20 Changed: Oct 25 Last Checked: Oct 26 at 3:40AM

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 Berkshire Hathaway Homeservices Metro Realty

Rey
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Investment Insights

Based on property information with market context.

This 20,448-square-foot warehouse, built in 1966, has three overhead doors: two below-grade semi-truck docks and one drive-in door. The office component includes private offices, a large conference room, a kitchen area, and four bathrooms. The building is zoned IL1 Industrial.

The current tenant may vacate with 90 days’ notice to relocate to a new facility. If the tenant remains, its NNN lease runs through September 30, 2027, with no renewal planned. The property is offered for sale.

Key Highlights

  • 20,448 square feet; built in 1966
  • Three overhead doors, including two below‑grade semi docks and one drive‑in door
  • Office area includes private offices, a large conference room, kitchen area, and four bathrooms

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

DRJ Adjusting Services ... Consultant BMS CAT & Accent ... Hardware & Home Improvement

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Building Supply Spa & Massage Center Big Box & Wholesale 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

2
Dock-high doors
1
Drive-in doors

Location Intelligence

Trade Area within ½ mile

303
Businesses Nearby
Balanced
Demand for This Use

Demographics for 53218, WI

38,488
Population
15,971
Households
2.4
Avg Household Size
31
Median Age
10%
College-Educated
83%
High-School Grad
5.9 sq mi
ZIP Area
6,523
Density / Sq Mi
$42,207
Median Household Income
$33,622
Median Earnings
$1,034
Median Rent
$122,200
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 Milwaukee, WI

4.3% 2019
4.7% 2020
3.1% 2021
2.3% 2022
3.1% 2023
3.7% 2024
4.2% 2025

Similar Off Market Nearby

  • Express Storage Units - Cheap Self Storage Near You — 5849 w silver spring dr, milwaukee, wi 53218
  • Cream City Truckyard — 6101 N 64th St, Milwaukee, WI 53218
  • SNSHN Storage Units — 6471 N Industrial Rd, Milwaukee, WI 53223
  • Regent Mini-Storage — 4562 W Woolworth Ave, Milwaukee, WI 53218

Frequently Asked Questions

What type of property is this?
Warehouse - Industrial-zoned space combines shipping access with a substantial office buildout.
Where is this warehouse located?
The property is located at 5515 W Florist Avenue Milwaukee, WI.
What is the asking price?
The asking price for this property is $1,399,000.
What are key features of this property?
This property features: 20,448 square feet; built in 1966; Three overhead doors, including two below‑grade semi docks and one drive‑in door; Office area includes private offices, a large conference room, kitchen area, and four bathrooms
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