5850 W Appleton Ave Milwaukee, WI 53210
Previously used as a car lot, this property offers flexible options for commercial and service-oriented uses.
Property Features for 5850 W Appleton Ave
General Information
- Standard status
- Active
- Size
- 476 SF
Listing office Keller Williams Milwaukee North Shore (414) 399-7476
Listing date Jul 9, 2026
Source Exprealty
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Investment Insights
Based on property information with market context.
The property is listed for sale at 5850 W Appleton Ave in Milwaukee, WI. If purchased together with the related daycare building (MLS 1970755), the combined assemblage could be used for parking.
While the property has a history as a car lot, the specific improvements and site features are not detailed in the provided information.
Key Highlights
- Previously used as a car lot with flexible commercial use options
- Multiple potential uses mentioned: dry cleaner, office space, health club, and electric car charging station
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $9.4k | $19.80 |
| − Vacancy | −$2.2k | −$4.55 |
| EGI | $7.3k | $15.25 |
| − OpEx | −$1.8k | −$3.81 |
| NOI | $5.4k | $11.43 |
