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Former Auto Dealership For Sale

8301 N 76th St Milwaukee, WI 53223

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Former auto dealership with additional income from secondary building.

Type:Retail, Industrial
Property size:
37,300 SF
Lot size:
6.97 Acres
Price / SF:
$46.92/SF
Added:
Dec 19, 2023
Days on Market:
938
Last Refresh:
May 13 at 8:23 pm

Property Features for 8301 N 76th St

General Information

Standard status
Active
Size
37,300 SF
Lot size
6.97 Acres
Property subtype
Retail, Industrial

Listing office Judson & Associates

Listing date Dec 19, 2023

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 Judson & Associates


Investment Insights

Based on property information with market context.

This property, formerly an auto dealership, is suitable for various automotive-related businesses. It includes a main building of approximately 32,000 square feet and a secondary building of 5,300 square feet that is currently occupied by a tenant, providing additional income. Situated on 6.97 acres, the property features 29 overhead doors, trench drains, and a car wash. The property could be used for a variety of auto uses.

Key Highlights

  • Large main building: +/- 32,000 SF suitable for various auto‑related businesses.
  • Significant land size: 6.97 acres provides ample space for operations and expansion.
  • 29 overhead doors facilitate efficient vehicle access and workflow.

Local Financial Insights For Industrial

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 $204.0k $5.47
− Vacancy −$10.0k −$0.27
EGI $194.0k $5.20
− OpEx −$58.2k −$1.56
NOI $135.8k $3.64
37,300 SF · lease $5.47/SF/yr · vacancy 4.90% · expense 30.00%

Alternative Uses

Best Use
Retail
$5.59M
$4.89M – $6.52M (±1% cap)
NOI $391,258 @ 7.0% cap · market cap 22.36%
Second Best
Industrial
$1.94M
$1.70M – $2.26M (±1% cap)
NOI $135,823 @ 7.0% cap · market cap 7.76%
Theoretical Best
Office A
$8.96M
$7.84M – $10.46M (±1% cap)
NOI $627,446 @ 7.0% cap · market cap 35.85%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

John Amato Hyundai ... Auto Repair Shop Amato Collision Center Auto Repair Shop John Amato Genesis Car Dealership Hertz Car Rental ... Car Rental Facility Hertz Car Rental Car Rental Facility

Suggested Use

Real Estate Agency Law Firm Dental Office Electrical Service Gym & Fitness Center Grocery & Convenience Store HVAC Service Furniture & Home Goods Garden Center Veterinary Clinic

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

Similar Off Market Nearby

  • Empire Car Rental and Sales LLC — 7817 W Brown Deer Rd, Milwaukee, WI 53223
  • Enterprise Rent-A-Car — 8205 W Brown Deer Rd, Milwaukee, WI 53223
  • U-Haul Neighborhood Dealer — 7960 N 76th St, Milwaukee, WI 53223
  • Hertz Car Rental — 8301 N 76th St, Milwaukee, WI 53223
  • VAN Rental Milwaukee - CARNGO — 8501 w brown deer rd, milwaukee, wi 53224

FAQs

What type of property is this?
Automotive property - Former auto dealership with additional income from secondary building.
Where is this automotive property located?
The property is located at 8301 N 76th St Milwaukee, WI.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Large main building: +/- 32,000 SF suitable for various auto‑related businesses.; Significant land size: 6.97 acres provides ample space for operations and expansion.; 29 overhead doors facilitate efficient vehicle access and workflow.
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