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    2300 Cornell St Milwaukee, WI 53209

    Sponsored
    For Sale
    $1,600,000

    70,000 SF Flex Space - $1.6M

    Property size:
    70,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 70,000-square-foot industrial flex space at 2300 W Cornell St, Milwaukee, WI 53209, presents a compelling investment opportunity. Boasting a spacious 2.87-acre lot, the property offers ample room for both indoor and outdoor operations. Built in 1948 and zoned IL2, this vacant building features two dock-high doors, facilitating efficient loading and unloading. The interior boasts impressive ceiling heights ranging from 14 to 20 feet, providing versatile storage and operational capabilities. The property includes a fully fenced perimeter with a powered gate, enhancing security and control. The building is equipped with a comprehensive 100% wet sprinkler system, ensuring fire safety. Heavy, three-phase power (TBV) is available, catering to high-demand industrial applications. The asking price is $1,600,000, translating to a price per square foot of $22.86. This property's combination of size, features, and location makes it an ideal choice for a variety of industrial and flex-use businesses seeking a substantial and well-equipped space in Milwaukee. The property's outdoor storage area adds significant value, providing flexibility for expansion or specialized storage needs. This is a rare opportunity to acquire a substantial industrial property in a prime Milwaukee location.

    Property Features for 2300 Cornell St

    General Information

    Property type
    Flex space
    Square Feet
    70,000 SF
    Lot Size
    125,017 SF

    Building Details

    Year Built
    1948

    HighLights

    • 70,000 SF industrial flex space on a 2.87‑acre lot in Milwaukee, WI.
    • Vacant building with two dock‑high doors, 14‑20' ceiling heights, and a fully fenced yard with powered gate.
    • 100% wet sprinkler system and heavy three‑phase power (TBV).
    • Asking price: $1,600,000 ($22.86/SF).
    Property Profile Location Intelligence

    Current Use by Public Records

    Mid America IBC Steel Drum Supplier

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -87.9407108
    Latitude
    43.1015933

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    FAQs

    What type of property is this?
    Flex space - 70,000 SF Flex Space - $1.6M
    Where is this flex space located?
    The property is located at 2300 Cornell St 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: 70,000 SF industrial flex space on a 2.87-acre lot in Milwaukee, WI.; Vacant building with two dock-high doors, 14-20' ceiling heights, and a fully fenced yard with powered gate.; 100% wet sprinkler system and heavy three-phase power (TBV).
    Request Owner's contact information
    2300 Cornell St Milwaukee, WI 53209
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    Milwaukee, WI 53209
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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
    2300 Cornell St Milwaukee, WI 53209
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