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    S107W16311 Loomis Rd Muskego, WI 53150

    For Sale
    $499,000

    Muskego Retail/Auto Shop, High Traffic

    Property size:
    7,100 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional retail investment property, located at S107W16311 Loomis Road in Muskego, Wisconsin, presents a unique opportunity. The 7,100 square foot building sits on a 2.38-acre lot and boasts a prime location with high visibility off Highway 36, experiencing approximately 12,900 vehicles per day on Hwy 36 and 1,200 vehicles per day on Muskego Dam Drive. The property is zoned B4 and features a versatile layout previously used as both a convenience store and an auto shop. The auto shop component includes three 10-foot overhead doors and an additional garage with an 8-foot door, providing ample space for various commercial uses. Adding to the investment potential are two existing apartments, each with two bedrooms and one bathroom, offering potential rental income. Recent improvements include roof replacements: a membrane roof was replaced in 2019, and a shingle roof in 2021. The property includes 30 parking spaces for customer and tenant convenience. The property's APN is MSKC2296996. This property is offered at $499,000 and presents a strong opportunity for a savvy investor seeking a multi-faceted commercial venture in a high-traffic area. The year built is 1955. This is a rare opportunity to acquire a well-maintained property with significant upside potential in a desirable location.

    Property Features for S107W16311 Loomis Rd

    General Information

    Property type
    Automotive properties
    Square Feet
    7,100 SF
    Lot Size
    103,673 SF

    Building Details

    Year Built
    1955

    HighLights

    • High‑traffic location: Former auto shop/convenience store on Hwy 36, Muskego, WI.
    • Three 10' overhead doors in main shop; additional garage with 8' door.
    • Two 2‑bed/1‑bath apartments offering rental income potential.
    • Recently updated roofs: membrane roof (2019), shingle roof (2021).
    • High daily traffic counts: ~12,900 vehicles on Hwy 36 and ~1,200 on Muskego Dam Dr.
    Property Profile Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Suggested Use

    Spa & Massage Auto Repair Shop Bar & Pub

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

    Location Insight

    • Map
    • Local Demand
    City
    Muskego
    County
    Waukesha
    State
    Wisconsin
    Longitude
    -88.118959
    Latitude
    42.849937

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    FAQs

    What type of property is this?
    Automotive property - Muskego Retail/Auto Shop, High Traffic
    Where is this automotive property located?
    The property is located at S107W16311 Loomis Rd Muskego, WI.
    What is the asking price?
    The asking price for this property is $499,000.
    What are key features of this property?
    This property features: High-traffic location: Former auto shop/convenience store on Hwy 36, Muskego, WI.; Three 10' overhead doors in main shop; additional garage with 8' door.; Two 2-bed/1-bath apartments offering rental income potential.
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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
    S107W16311 Loomis Rd Muskego, WI 53150
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