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    4301 Richards St Milwaukee, WI 53212

    Sponsored
    For Sale
    $995,000

    64,230 SF Warehouse, Excellent Location

    Property size:
    64,230 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This 64,230-square-foot warehouse, located at 4301 N Richards St, Milwaukee, WI 53212, is offered at $995,000 ($15.49/SF). Built in 1952/1955, this single-tenant industrial property sits on a 4.88-acre lot and features a 12' to 14' ceiling height. The property includes one loading dock and boasts numerous functional features including floor drains, electric bus bars, vents and fans, a compressor, and airlines throughout. A security system with a Stanley alarm and motion detectors is in place. New windows provide ample natural light. Note that a guard shack and small storage building (excluded from square footage) are on-site, and a lower-level storage area is also excluded from the building's total square footage. The property is zoned IL-2 and benefits from convenient access to I-43 via Capitol Dr. or Hampton Ave. A portion of the property is located within the City of Milwaukee (the majority is in Glendale). The asking price is below assessment. APN: 2420201000, 2331180000, 2331181000. Lease type is NNN.

    Property Features for 4301 Richards St

    General Information

    Property type
    Distribution properties
    Square Feet
    64,230 SF
    Lot Size
    212,573 SF

    Building Details

    Year Built
    1952

    HighLights

    • Priced below assessed value.
    • Secure entry with guard shack and detached storage building (not included in square footage).
    • Abundant natural light from recently installed windows.
    • Lower‑level storage area excluded from total building square footage.
    • Equipped with Stanley alarm system and motion detectors.
    • Features functional floor drains, electrical bus bars, ventilation, compressor, and compressed air lines.
    Property Profile Location Intelligence

    Current Use by Public Records

    Spic & Span Uniform ... Uniform Store

    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
    -87.9081248
    Latitude
    43.0946151

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    FAQs

    What type of property is this?
    Distribution property - 64,230 SF Warehouse, Excellent Location
    Where is this distribution property located?
    The property is located at 4301 Richards St Milwaukee, WI.
    What is the asking price?
    The asking price for this property is $995,000.
    What are key features of this property?
    This property features: Priced below assessed value.; Secure entry with guard shack and detached storage building (not included in square footage).; Abundant natural light from recently installed windows.
    Request Owner's contact information
    4301 Richards St Milwaukee, WI 53212
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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
    4301 Richards St Milwaukee, WI 53212
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