Automotive Building
For Sale
Contact for pricing
7500 W Layton Ave, Milwaukee, WI 53220
Automotive building with 5,140 square feet available for sale.
Property Size5,140 SF
Price / SF$262.65
Days on Market852
Property Features for 7500 W Layton Ave
General Information
Standard status
Active
Size
5,140 SF
Property subtype
Retail
Zoning
C4
Building Details
Year Built
1980
Buildings
1
Stories
1
Listing Agency:
Colliers - Milwaukee, Wisconsin
Listed By:
Isaac Berg · License #89752-94
(414) 278-6862
Source:
Crexi
Added: Jun 17, 2024
Changed: Oct 15
Last Checked: Oct 14 at 11:57PM
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
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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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$53,916
Cap Rate
3.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,078,320
$1.1M
Cap Rate 7%
$770,229
$770.2K
Cap Rate 9%
$599,067
$599.1K
Market Conditions
NOI Build-Up for 5,140 SF
Gross rent
$83.3K $16.20/SF
− Vacancy
−$6.2K −$1.22/SF
EGI
$77.0K $14.99/SF
− OpEx
−$23.1K −$4.50/SF
NOI
$53.9K $10.49/SF
Area
Milwaukee, WI
Vacancy
7.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,078,320
Cap Rate 7%
$770,229
Cap Rate 9%
$599,067
Alternative Uses
Best Use
Retail
$770.2K
$674.0K – $898.6K
NOI $53,916 @ 7.0% cap · market cap 3.99%
Second Best
Industrial
$267.4K
$234.0K – $312.0K
NOI $18,717 @ 7.0% cap · market cap 1.39%
Theoretical Best
Office A
$1.24M
$1.08M – $1.44M
NOI $86,463 @ 7.0% cap · market cap 6.40%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
834
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 53220, WI
26,869
Population
12,547
Households
2.1
Avg Household Size
40
Median Age
27%
College-Educated
93%
High-School Grad
5.6 sq mi
ZIP Area
4,798
Density / Sq Mi
$69,301
Median Household Income
$47,844
Median Earnings
$1,063
Median Rent
$218,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Milwaukee, WI
Frequently Asked Questions
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
