Refrigerated Warehouse with Loading
New
For Sale
Contact for pricing
800 W Maple St, Milwaukee, WI 53204
Vacant delivery combines cold-storage areas with extensive shell space for an owner-user.
Property Size37,000 SF
Lot Size1.28 Acres
Price / SF$48.51
Days on Market4
Property Features for 800 W Maple St
General Information
Standard status
Active
Size
37,000 SF
Total Parking Spaces
20
Lot size
1.28 Acres
Property subtype
INDUSTRIAL
Site & Location
Neighborhood
Historic Mitchell Street
Highway Access
Yes
Fenced Yard
Yes
Utilities to Site
Yes
Warehouse & Industrial
Dock-High Doors
4
Drive-In Doors
2
Heavy Power
Yes
Cold Storage
Yes
Freezer
9,095 SF
Cooler
2,465 SF
Building Details
Buildings
1
Building Size
37,000 SF
Listing Agency:
Founders 3 Real Estate Services - Corporate
(414) 271-1111
Listed By:
Robert Flood
(414) 530-7000
Source:
Moodyscre
Added: Oct 27
Changed: Oct 30
Last Checked: Oct 30 at 2:21PM
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 Founders 3 Real Estate Services - Corporate
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Investment Insights
Based on property information with market context.
This refrigerated and cold-storage property contains approximately 37,000 square feet on 1.28 acres and will be delivered vacant. The building includes 9,095 square feet of freezer space, 2,465 square feet of cooler space, and approximately 21,000 square feet of shell area. Four exterior docks have levelers, with two drive-in doors and a freight elevator serving the building. Heavy power and water lines run throughout, and the fenced lot has approximately 20 surface parking spaces.
The property is 0.45 miles from I-43/94 via W Lapham Blvd, with access to Downtown Milwaukee and Milwaukee airport. Selective demolition could support expansion, added parking, or changes to truck circulation, subject to approvals.
The property is 0.45 miles from I-43/94 via W Lapham Blvd, with access to Downtown Milwaukee and Milwaukee airport. Selective demolition could support expansion, added parking, or changes to truck circulation, subject to approvals.
Key Highlights
- Approximately 37,000 SF on 1.28 acres; delivered vacant
- 9,095 SF of freezer space and 2,465 SF of cooler space
- Approximately 21,000 SF of shell area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$163,602
Cap Rate
9.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,272,040
$3.3M
Cap Rate 7%
$2,337,171
$2.3M
Cap Rate 9%
$1,817,800
$1.8M
Market Conditions
NOI Build-Up for 37,000 SF
Gross rent
$202.4K $5.47/SF
− Vacancy
−$9.9K −$0.27/SF
EGI
$192.5K $5.20/SF
− OpEx
−$28.9K −$0.78/SF
NOI
$163.6K $4.42/SF
Area
Milwaukee, WI
Vacancy
4.90%
Lease Rate
$5.47 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,272,040
Cap Rate 7%
$2,337,171
Cap Rate 9%
$1,817,800
Alternative Uses
Best Use
Warehouse
$2.34M
$2.05M – $2.73M
NOI $163,602 @ 7.0% cap · market cap 9.11%
Second Best
Industrial
$1.92M
$1.68M – $2.25M
NOI $134,731 @ 7.0% cap · market cap 7.51%
Theoretical Best
Office A
$8.89M
$7.78M – $10.37M
NOI $622,399 @ 7.0% cap · market cap 34.67%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
4
Dock-high doors
2
Drive-in doors
Yes
Heavy power
Yes
Fenced yard
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,218
Businesses Nearby
Explore this area
Business Placement
Demographics for 53204, WI
39,728
Population
14,979
Households
2.7
Avg Household Size
29
Median Age
15%
College-Educated
65%
High-School Grad
3.2 sq mi
ZIP Area
12,415
Density / Sq Mi
$43,645
Median Household Income
$30,906
Median Earnings
$964
Median Rent
$106,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Milwaukee, WI
Frequently Asked Questions
What type of property is this?
Refrigerated & cold storage - Vacant delivery combines cold-storage areas with extensive shell space for an owner-user.
Where is this refrigerated & cold storage located?
The property is located at 800 W Maple St Milwaukee, WI.
What is the asking price?
The asking price for this property is $1,795,000.
What are key features of this property?
This property features: Approximately 37,000 SF on 1.28 acres; delivered vacant; 9,095 SF of freezer space and 2,465 SF of cooler space; Approximately 21,000 SF of shell area
