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Redevelopment Opportunity Near Airport
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5881 S Howell Ave, Milwaukee, WI 53207

Redevelopment opportunity near Milwaukee Mitchell International Airport.

Property SizeContact for details
Days on Market877

Property Features for 5881 S Howell Ave

General Information

Standard status Active
Property subtype Land
Zoning IL1
Listing Agency: Coldwell Banker Commercial NRT Brookfield
Listed By: Will Klumb · License #WI 87680-94
Source: Crexi
Added: Mar 12, 2024 Changed: Jul 6 Last Checked: Jul 6 at 8:19AM

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 Coldwell Banker Commercial NRT Brookfield

Investment Insights

Based on property information with market context.

This property presents a unique redevelopment opportunity adjacent to Milwaukee Mitchell International Airport. It is zoned IL1, offering flexibility for various uses. Two businesses, an airport parking facility and a gentleman's club, are currently operating on the property and can be included in the purchase.

Key Highlights

  • Redevelopment opportunity adjacent to Milwaukee Mitchell International Airport.
  • Flexible IL1 Zoning.
  • Two businesses currently operating on the property.

Property Analytics

Current Use

ATM Atm The Airport Lounge Nightclub

Suggested Use

Top Pick Auto Parts Store HVAC Service Real Estate Agency Law Firm Nail Salon Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

174
Businesses Nearby
21k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 44% Hotels & Casinos 33% Dining 20% Apparel 3%
Speedway Shops & Services
8,687 visits/mo 0.4 miles
Hilton Garden Inn Milwaukee Airport Hotels & Casinos
4,497 visits/mo 0.1 miles
George Webb Restaurants Dining
4,328 visits/mo 0.4 miles
Home2 Suites By Hilton - Milwaukee Airport Hotels & Casinos
2,580 visits/mo 0.1 miles
Clarks Apparel
533 visits/mo 0.1 miles

Demographics for 53207, WI

34,292
Population
17,278
Households
2
Avg Household Size
37
Median Age
45%
College-Educated
94%
High-School Grad
10.0 sq mi
ZIP Area
3,429
Density / Sq Mi
$79,576
Median Household Income
$53,886
Median Earnings
$1,145
Median Rent
$228,500
Median Home Value

Market

Vacancy Rate% for Retail in Milwaukee, WI

8% 2019
7.7% 2020
6.5% 2021
5.2% 2022
5% 2023
5.3% 2024
7% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Redevelopment opportunity near Milwaukee Mitchell International Airport.
Where is this commercial land located?
The property is located at 5881 S Howell Ave Milwaukee, WI.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: Redevelopment opportunity adjacent to Milwaukee Mitchell International Airport.; Flexible IL1 Zoning.; Two businesses currently operating on the property.
(262) 389-4924 Call to check price and availability
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