Auto Service Shop with Multiple
5704 W Center St, Milwaukee, WI 53210
For Sale
New
$450,000
N, Milwaukee, WI
Property Size2,052 SF
Lot Size0.30 Acres
Price / SF$219.30
Days on Market1
Property Features for 5704 W Center St
General Information
Property type
Property subtype
Zoning
Standard status
APN
Size
Lot size
Tenancy & Operations
Currently Operating
Real Estate Included
Additional Details
Automotive Uses
Taxes and HOA fees
Tax Year
Tax Annual Amount
Amenities
overhead garage doors
Building Details
Year built
Architectural style
Listing Agency:
EXP Realty, LLC~MKE
(866) 848-6990
Listed By:
Mohammad Ismail · License #89040-94
(414) 617-9935
Added: Nov 6
Last Checked: Nov 6 at 8:06PM
MLS# 1987657
Copyright © 2026 Metro MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 2,052-square-foot auto service property is currently used for tire and vehicle service. Multiple service bays and overhead garage doors support the existing automotive operation, while work areas and on-site parking are also part of the property. The building dates to 1946 and sits on a 0.3-acre parcel.
The property is zoned LB2 and is located at 5704 W Center St in Milwaukee. Its existing service-shop configuration and zoning designation provide key details for evaluating the site.
The property is zoned LB2 and is located at 5704 W Center St in Milwaukee. Its existing service-shop configuration and zoning designation provide key details for evaluating the site.
Key Highlights
- 2,052‑square‑foot auto service building
- 0.3‑acre parcel
- Multiple service bays and overhead garage doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,524
Cap Rate
4.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$430,480
$430.5K
Cap Rate 7%
$307,486
$307.5K
Cap Rate 9%
$239,156
$239.2K
Market Conditions
NOI Build-Up for 2,052 SF
Gross rent
$33.2K $16.20/SF
− Vacancy
−$2.5K −$1.22/SF
EGI
$30.7K $14.99/SF
− OpEx
−$9.2K −$4.50/SF
NOI
$21.5K $10.49/SF
Area
Milwaukee, WI
Vacancy
7.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$430,480
Cap Rate 7%
$307,486
Cap Rate 9%
$239,156
Alternative Uses
Best Use
Retail
$307.5K
$269.1K – $358.7K
NOI $21,524 @ 7.0% cap · market cap 4.78%
Second Best
Industrial
$106.7K
$93.4K – $124.5K
NOI $7,472 @ 7.0% cap · market cap 1.66%
Theoretical Best
Office A
$493.1K
$431.5K – $575.3K
NOI $34,518 @ 7.0% cap · market cap 7.67%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,206
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 53210, WI
25,588
Population
11,005
Households
2.3
Avg Household Size
32
Median Age
23%
College-Educated
87%
High-School Grad
2.6 sq mi
ZIP Area
9,842
Density / Sq Mi
$45,268
Median Household Income
$35,797
Median Earnings
$1,044
Median Rent
$153,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Milwaukee, WI
Similar Off Market Nearby
- Take 5 Oil Change — 6207 W North Ave, Wauwatosa, WI 53213
- Kusch Service Inc — 5803 W North Ave, Milwaukee, WI 53208
- Best Tire Center — 5823 W North Ave, Milwaukee, WI 53208
- Montero's Autobody Repair — 2246 N 52nd St, Milwaukee, WI 53208
- JERONIMO AUTO BODY SHOP LLC — 2246 N 52nd St, Milwaukee, WI 53208
Frequently Asked Questions
What type of property is this?
Auto shop - Set up for tire and vehicle work, the property includes overhead garage doors and on-site parking.
Where is this auto shop located?
The property is located at 5704 W Center St Milwaukee, WI.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 2,052‑square‑foot auto service building; 0.3‑acre parcel; Multiple service bays and overhead garage doors
