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    8008 Brown Deer Rd Milwaukee, WI 53223

    Sponsored
    For Sale
    $1,600,000

    Prime Retail Building, High Traffic Area

    Property size:
    16,709 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 16,709 square foot free-standing retail building, located at 8008 W Brown Deer Rd in Milwaukee, WI, presents a compelling investment opportunity. Currently leased to The Salvation Army, this property boasts a highly visible corner location at the signalized intersection of Brown Deer Road, North 76th Street, and I-41, ensuring substantial traffic exposure. The building features pylon signage, further enhancing its visibility. Situated within a thriving commercial area, it benefits from proximity to major national retailers including Walgreens, Walmart, McDonald's, Menard's, Aldi, and Enterprise Rent-A-Car. The property sits on a 67,518 square foot lot and is zoned RB-1. A significant demographic advantage exists, with 149,890 people residing within a five-mile radius, boasting an average annual household income of $80,000. The daily traffic count on Brown Deer Road is 28,886 vehicles. This property is designated as an Opportunity Zone property. Real estate taxes for 2021 were $38,236 (under protest). This presents a rare opportunity for both users and investors seeking a high-traffic, strategically located retail asset in a densely populated area of Milwaukee. The asking price is $1,600,000.

    Property Features for 8008 Brown Deer Rd

    General Information

    Property type
    Individual retail properties
    Square Feet
    16,709 SF

    HighLights

    • 16,709 SF freestanding retail building.
    • Leased to The Salvation Army.
    • High‑visibility corner lot.
    • Significant frontage on Brown Deer Road.
    • Located in an Opportunity Zone.
    • Excellent user or investor opportunity.
    Property Profile Location Intelligence

    Current Use by Public Records

    Freestanding property

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Milwaukee
    County
    Milwaukee
    State
    Wisconsin
    Longitude
    -88.0096298
    Latitude
    43.1785714

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    FAQs

    What type of property is this?
    Individual retail property - Prime Retail Building, High Traffic Area
    Where is this individual retail property located?
    The property is located at 8008 Brown Deer Rd Milwaukee, WI.
    What is the asking price?
    The asking price for this property is $1,600,000.
    What are key features of this property?
    This property features: 16,709 SF freestanding retail building.; Leased to The Salvation Army.; High-visibility corner lot.
    Request Owner's contact information
    8008 Brown Deer Rd Milwaukee, WI 53223
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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
    8008 Brown Deer Rd Milwaukee, WI 53223
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