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    6340 Howell Ave Oak Creek, WI 53154

    Sponsored
    For Sale
    Contact for pricing

    75,000 SF, prime commercial land

    Property size:
    75,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional commercial land offering in Oak Creek, Wisconsin, presents a unique investment opportunity. Encompassing 8.43 to 10 acres, this property boasts a strategic location at the intersection of Howell Avenue and College Avenue, experiencing high daily traffic volume (23,600 VPD on Howell and 18,700 VPD on College). Its proximity to I-94 and General Mitchell International Airport (1.4 miles) enhances accessibility and logistical advantages. The land is zoned M-1 and B-4, allowing for diverse development possibilities, including build-to-suit options. Potential exists for Tax Incremental Financing (TIF) through TID #10. The property enjoys a favorable tax environment with a mill rate of $16.25 per assessed value. Individual site purchases are possible, and there's potential for Planned Unit Development (PUD) zoning. One site can accommodate a substantial 112,000 square foot building with a 200-foot depth. The APN numbers are 7199012000 & 7199995000

    Property Features for 6340 Howell Ave

    General Information

    Property type
    Land
    Square Feet
    75,000 SF
    Lot Size
    367,211 SF

    HighLights

    • High‑traffic corner location at College & Howell Avenues (23,600 VPD & 18,700 VPD).
    • Close proximity to I‑94 and Mitchell International Airport (1.4 miles).
    • Build‑to‑suit options available.
    • Potential for Tax Incremental Financing (TIF) via TID #10.
    • Attractive property tax environment ($16.25 mill rate).
    • No developer or contractor mandates.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Oak Creek
    County
    Milwaukee
    State
    Wisconsin
    Longitude
    -87.9096859
    Latitude
    42.929099

    Nearby Comparable

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Land - 75,000 SF, prime commercial land
    Where is this land located?
    The property is located at 6340 Howell Ave Oak Creek, WI.
    What are key features of this property?
    This property features: High-traffic corner location at College & Howell Avenues (23,600 VPD & 18,700 VPD).; Close proximity to I-94 and Mitchell International Airport (1.4 miles).; Build-to-suit options available.
    Request Owner's contact information
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    Oak Creek, WI 53154
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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
    6340 Howell Ave Oak Creek, WI 53154
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