Listing Agency: Cushman & Wakefield | Boerke Show Phone

Listed By: Jeffrey Hoffman Show Phone

Source: Moodyscre

Added: Dec 30, 2024 Changed: Oct 5 Last Checked: Oct 19 at 4:09AM

Report an Issue

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 Cushman & Wakefield | Boerke

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

This industrial property is located in Milwaukee, WI, and offers 22,800 square feet of space. The property is suitable for industrial use.

Key Highlights

• 22,800 square feet of industrial space.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$83,023

Cap Rate

5.21%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,660,460 $1.7M

Cap Rate 7%

$1,186,043 $1.2M

Cap Rate 9%

$922,478 $922.5K

Is this asking price fair?

Market Conditions

NOI Build-Up for 22,800 SF

Gross rent

$124.7K $5.47/SF

− Vacancy

−$6.1K −$0.27/SF

EGI

$118.6K $5.20/SF

− OpEx

−$35.6K −$1.56/SF

NOI

$83.0K $3.64/SF

Area

Milwaukee, WI

Vacancy

4.90%

Lease Rate

$5.47 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,660,460

Cap Rate 7%

$1,186,043

Cap Rate 9%

$922,478

Alternative Uses

Best Use

Industrial

$1.19M

$1.04M – $1.38M (±1% cap)

NOI $83,023 @ 7.0% cap · market cap 5.21%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$5.48M

$4.79M – $6.39M (±1% cap)

NOI $383,532 @ 7.0% cap · market cap 24.05%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence

Open Analytics

Current Use

Industrial properties

Suggested Use

Top Pick Real Estate Agency Dental Office Skin Care Clinic Grocery & Convenience Store Furniture & Home Goods Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

454

Businesses Nearby

Explore this area Business Placement

Market

Vacancy Rate% for Industrial in Milwaukee, WI

4.3% 2019

4.7% 2020

3.1% 2021

2.3% 2022

3.1% 2023

3.7% 2024

4.2% 2025

Similar For Sale Nearby

See more

Multi-Tenant Flex Property

Milwaukee, WI 53235

$1,625,000

View details

Warehouse with Semi Docks

5515 W Florist Ave, Milwaukee, WI 53218

$1,399,000

20,448 SF

View details

West Allis Industrial Building For Sale

1819 South 71st Street, Milwaukee, WI 53214

$874,115

27,316 SF

View details

Flex Space with Classrooms

7901 N 66th St, Milwaukee, WI 53223

$1,500,000

11,367 SF

View details

Industrial Building with Fenced Storage

5920 W Bender Ct, Milwaukee, WI 53218

$875,000

16,202 SF

View details

Light Industrial Facility For Sale

4602 20Th St, Milwaukee, WI 53029

$400,000

18,433 SF

View details

Industrial Building with Crane Capacity

6667 N Teutonia Ave, Milwaukee, WI 53209

Contact for pricing

22,000 SF

View details

Heavy Industrial Warehouse Building

3258 W Fond Du Lac Ave, Milwaukee, WI 53210

$675,000

36,000 SF

View details

Fenced Property With Powered Gate

2300 W Cornell St, Milwaukee, WI 53209

$1,500,000

70,000 SF

View details

Redevelopment Flex and Warehouse

4969 S 110th St, Milwaukee, WI 53228

Contact for pricing

24,250 SF

View details

Milwaukee Flex Property For Sale

8400 W Silver Spring Dr, Milwaukee, WI 53225

$1,250,000

8,964 SF

View details

Manufacturing Property with Overhead Doors

5652 & 5672 South 13th Street, Milwaukee, WI 53221

$1,200,000

View details

Frequently Asked Questions

What type of property is this?

Industrial property - Industrial property featuring 22,800 square feet of space.

Where is this industrial property located?

The property is located at 8111-8115 W Bradley Rd Milwaukee, WI.

What is the asking price?

The asking price for this property is $1,595,000.

What are key features of this property?

This property features: 22,800 square feet of industrial space.