S107W16311 Loomis Rd Muskego, WI 53150
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.