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    6023 Forest Home Ave Milwaukee, WI 53220

    Sponsored
    For Lease
    Contact for pricing

    High-traffic retail space available in Milwaukee.

    Lot size:
    45,567 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    The Grove Shopping Center, located at 6023 W Forest Home Ave, Milwaukee, WI 53220, presents a compelling investment opportunity. This retail strip center totals 45,567 square feet and sits on a 0.3-acre lot, zoned LB1 - Local Business within Milwaukee County. Currently, there is only 1 square foot of vacant space within the multi-tenant property. The property's prime location offers excellent visibility and accessibility for businesses seeking a strong presence in the Milwaukee market. Its established tenant base contributes to a consistent revenue stream, making it an attractive option for investors seeking a stable and potentially high-yielding asset. The convenient location and ample parking provide a positive shopping experience for customers. The property's zoning allows for a variety of retail uses, providing flexibility for potential tenants and investors. This is an exceptional opportunity to acquire a well-situated retail center in a thriving Milwaukee neighborhood. The property's size and location make it ideal for a variety of retail businesses, offering significant potential for growth and return on investment. Serious inquiries are encouraged to explore this promising opportunity further.

    Property Features for 6023 Forest Home Ave

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    45,567 SF

    Unit(s) available at that property

    Space
    Available Pad
    Size
    0 SF

    HighLights

    • AutoZone and Anytime Fitness anchor tenants.
    • High‑traffic corner with signalized intersection.
    • Additional tenants include Maytag, Affordable Dentures, Pretty Pooches, American Family Insurance, Dent Wizard, and Domino's.
    • Recently acquired by new ownership.
    Property Profile Location Intelligence

    Current Use by Public Records

    Scooter's Coffee Coffee Shop

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Milwaukee
    County
    Milwaukee
    State
    Wisconsin
    Longitude
    -87.988826
    Latitude
    42.9749256

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    FAQs

    What type of property is this?
    Lifestyle center - High-traffic retail space available in Milwaukee.
    Where is this lifestyle center located?
    The property is located at 6023 Forest Home Ave Milwaukee, WI.
    What are key features of this property?
    This property features: AutoZone and Anytime Fitness anchor tenants.; High-traffic corner with signalized intersection.; Additional tenants include Maytag, Affordable Dentures, Pretty Pooches, American Family Insurance, Dent Wizard, and Domino's.
    Request Owner's contact information
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    Milwaukee, WI 53220
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6023 Forest Home Ave Milwaukee, WI 53220
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