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    10003 Carmen Ave Milwaukee, WI 53225

    Sponsored
    For Sale
    $275,000

    6,131 SF Flex/Warehouse, $275K

    Property size:
    6,131 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 6,131-square-foot flex/warehouse property, located at 10003 W. Carmen Avenue in Milwaukee, Wisconsin, presents a compelling investment opportunity. Built in 1962, the building sits on a 0.253-acre lot and boasts a desirable IL-1 zoning designation. The property features a spacious layout with a combination of office and warehouse space, including private offices and a conference room. Ceiling heights range from 12 to 14 feet, providing ample vertical space. The property includes eight parking spaces and one drive-in bay. The HVAC system is gas forced air. The building's location offers convenient access to major transportation routes, being just minutes from I-41/45 via Silver Spring Drive, and situated north of Silver Spring Drive and Appleton Avenue. The property is offered at an asking price of $275,000 with a NNN lease type. Power to the building is the responsibility of the buyer/tenant. The assessed property number (APN) is 1799982321. This versatile property is ideal for a variety of businesses seeking a functional and well-located space.

    Property Features for 10003 Carmen Ave

    General Information

    Property type
    Distribution properties
    Square Feet
    6,131 SF
    Lot Size
    11,021 SF

    Building Details

    Year Built
    1962

    HighLights

    • Excellent I‑41/45 access via Silver Spring Drive.
    • Prime location north of Silver Spring Drive and Appleton Avenue.
    • One (1) drive‑in bay.
    • Gas‑forced air HVAC system.
    • Power: Tenant/Buyer responsibility.
    • ±2,000 square foot office space.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Milwaukee
    County
    Milwaukee
    State
    Wisconsin
    Longitude
    -88.03731131755
    Latitude
    43.122296479405

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    FAQs

    What type of property is this?
    Distribution property - 6,131 SF Flex/Warehouse, $275K
    Where is this distribution property located?
    The property is located at 10003 Carmen Ave Milwaukee, WI.
    What is the asking price?
    The asking price for this property is $275,000.
    What are key features of this property?
    This property features: Excellent I-41/45 access via Silver Spring Drive.; Prime location north of Silver Spring Drive and Appleton Avenue.; One (1) drive-in bay.
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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
    10003 Carmen Ave Milwaukee, WI 53225
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