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    6246-6312 Fond Du Lac Ave Milwaukee, WI 53218

    For Sale
    $1,995,000

    22,526 SF Medical Office, NNN Lease

    Property size:
    22,526 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 22,526 square foot medical office building presents a compelling investment opportunity in Milwaukee, Wisconsin. Located at 6246-6312 W Fond du Lac Ave, this single-tenant property boasts high visibility on Highway 145, experiencing approximately 27,069 cars per day in traffic counts (per DOT data). The building features masonry construction, offering a large reception area, adaptable white box space, dedicated training rooms, and four restrooms. Enjoy a clear height of up to 21 feet. The property sits on a 1.14-acre lot and includes a secured, gated parking area with 53 surface spaces, providing ample parking for staff and patients. Conveniently located on a bus line and minutes from the 41/94 interchange via Highway 145, this property offers excellent accessibility. The property is zoned LB-2, allowing for potential uses beyond medical, including office, retail, and flex space. The asking price is $1,995,000, translating to $88.56 per square foot. The occupancy date is July 15, 2024, and the lease type is NNN (Net, Net, Net). The property's parcel number (APN) is 2260368100. This is a turnkey opportunity for a single tenant seeking a well-located, functional, and highly visible space.

    Property Features for 6246-6312 Fond Du Lac Ave

    General Information

    Property type
    Medical offices
    Square Feet
    22,526 SF
    Lot Size
    49,658 SF

    HighLights

    • 22,526 SF masonry building with high visibility on Hwy 145.
    • Features large reception area, open space, training rooms, and four restrooms.
    • Clear ceiling height up to 21 feet.
    • LB‑2 zoning.
    • Suitable for medical, office, retail, or flex uses.
    • Convenient access to Highways 41 and 94.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store 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
    -87.990148
    Latitude
    43.101339

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    FAQs

    What type of property is this?
    Medical office - 22,526 SF Medical Office, NNN Lease
    Where is this medical office located?
    The property is located at 6246-6312 Fond Du Lac Ave Milwaukee, WI.
    What is the asking price?
    The asking price for this property is $1,995,000.
    What are key features of this property?
    This property features: 22,526 SF masonry building with high visibility on Hwy 145.; Features large reception area, open space, training rooms, and four restrooms.; Clear ceiling height up to 21 feet.
    Request Owner's contact information
    6246-6312 Fond Du Lac Ave Milwaukee, WI 53218
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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
    6246-6312 Fond Du Lac Ave Milwaukee, WI 53218
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