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West Allis Industrial Property

1445 S 113th St West Allis, WI 53214

1445 S 113th St, West Allis, WI, 53214
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For Sale
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Industrial property available for sale in West Allis.

Property Size11,950 SF
Price / SF$125.10
AddedSep 24, 2024
Days on Market660
Last RefreshJul 15 at 12:08 pm

Property Features for 1445 S 113th St

General Information

Standard status
Active
Size
11,950 SF
Property subtype
Industrial

Listing office Cushman & Wakefield | Boerke

Listing date Sep 24, 2024

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 Cushman & Wakefield | Boerke


Investment Insights

Based on property information with market context.

An industrial property is available for sale. The property encompasses a total area of 11950 square feet and is located in West Allis, Wisconsin.

Key Highlights

  • No property information was provided to analyze.

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 $65.4k $5.47
− Vacancy −$3.2k −$0.27
EGI $62.2k $5.20
− OpEx −$18.6k −$1.56
NOI $43.5k $3.64
11,950 SF · lease $5.47/SF/yr · vacancy 4.90% · expense 30.00%

Alternative Uses

Best Use
Industrial
$621.6K
$543.9K – $725.2K (±1% cap)
NOI $43,514 @ 7.0% cap · market cap 2.91%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.83M
$2.48M – $3.31M (±1% cap)
NOI $198,365 @ 7.0% cap · market cap 13.27%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

Suggested Use

Parking Lot & Garage Daycare Center (Bike/Boat/Book/etc) Store Garden Center (Bike/Boat/Book/etc) Store Real Estate Agency Bakery Catering Service Barber Shop Cafe & Coffee Shop

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

FAQs

What type of property is this?
Industrial property - Industrial property available for sale in West Allis.
Where is this industrial property located?
The property is located at 1445 S 113th St West Allis, WI.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: No property information was provided to analyze.
Contact an agent
(414) 203-3016 Call to check price and availability
More about this property
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