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Automotive Building Available

7500 W Layton Ave Milwaukee, WI 53220

7500 W Layton Ave, Milwaukee, WI, 53220
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Automotive building with 5,140 square feet available for sale.

Property Size5,140 SF
Price / SF$262.65
AddedJun 17, 2024
Days on Market760
Last RefreshJul 15 at 12:17 pm

Property Features for 7500 W Layton Ave

General Information

Standard status
Active
Size
5,140 SF
Property subtype
Retail

Building Details

Year Built
1980

Listing office Colliers - Milwaukee, Wisconsin

Listing date Jun 17, 2024

Source Crexi

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 Colliers - Milwaukee, Wisconsin


Investment Insights

Based on property information with market context.

An automotive building is available for sale. The property offers 5,140 square feet of space.

Key Highlights

  • Automotive Building Available
  • Year Built: 1980

Local Financial Insights For Retail

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 $83.3k $16.20
− Vacancy −$6.2k −$1.22
EGI $77.0k $14.99
− OpEx −$23.1k −$4.50
NOI $53.9k $10.49
5,140 SF · lease $16.20/SF/yr · vacancy 7.50% · expense 30.00%

Alternative Uses

Best Use
Retail
$770.2K
$674.0K – $898.6K (±1% cap)
NOI $53,916 @ 7.0% cap · market cap 3.99%
Second Best
Industrial
$267.4K
$234.0K – $312.0K (±1% cap)
NOI $18,717 @ 7.0% cap · market cap 1.39%
Theoretical Best
Office A
$1.24M
$1.08M – $1.44M (±1% cap)
NOI $86,463 @ 7.0% cap · market cap 6.40%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Monro Auto Service ... (Bike/Boat/Book/etc) Store Welk's Automotive Service ... Auto Repair Shop

Suggested Use

Building Supply Parking Lot & Garage HVAC Service Big Box & Wholesale Store Kitchen & Bath Showroom Electrical Service Garden Center Hotel & Motel Storage Facility Food Market

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Automotive property - Automotive building with 5,140 square feet available for sale.
Where is this automotive property located?
The property is located at 7500 W Layton Ave Milwaukee, WI.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Automotive Building Available; Year Built: 1980
Contact an agent
(414) 278-6862 Call to check price and availability
More about this property
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