Automotive Shop with Garage
5708-5704 W Center Street, Milwaukee, WI 53210
For Sale
$450,000
The property is configured for tire and vehicle service, with dedicated work areas and on-site parking.
Property Size2,052 SF
Price / SF$219.30
Days on Market9
Property Features for 5708-5704 W Center Street
General Information
Standard status
Size
Site & Location
Neighborhood
Tenancy & Operations
Currently Operating
Real Estate Included
Additional Details
Automotive Uses
Taxes and HOA fees
Annual Taxes
Listing Agency:
EXP Realty, LLC MKE
(866) 848-6990
Listed By:
Mohammad Ismail · License WI 89040-94
(414) 617-9935
Source:
Exprealty
Added: Nov 6
Changed: Nov 12
Last Checked: Nov 12 at 2:13PM
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 EXP Realty, LLC MKE
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
At 2,052 square feet, this automotive property is currently used for tire and auto service. Its layout includes several vehicle service positions, overhead garage doors, work areas, and on-site parking.
The property is located at 5708-5704 W Center Street in Milwaukee, Wisconsin.
The property is located at 5708-5704 W Center Street in Milwaukee, Wisconsin.
Key Highlights
- 2,052‑square‑foot automotive property
- Currently operating as a tire and auto service shop
- Several vehicle service positions with 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
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
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 - The property is configured for tire and vehicle service, with dedicated work areas and on-site parking.
Where is this auto shop located?
The property is located at 5708-5704 W Center Street 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 automotive property; Currently operating as a tire and auto service shop; Several vehicle service positions with overhead garage doors
