Property profile

5300-5360 118Th Ct Milwaukee, WI 53225

OFF-MARKET
Office Spaces
64,730 SF
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Property summary

AI-generated overview

This exceptional executive office building, the Monterey Park Corporate Center, boasts a total of 64,730 square feet situated on approximately 1.97 to 2.5 acres of land in Milwaukee County. The property's convenient location at the interchange of I-41 and Silver Spring Drive provides easy access to all areas of Metro Milwaukee. Currently, 57% of the building is occupied by a daycare, featuring a fenced-in playground. A significant 9,450 square feet of vacant space presents a unique opportunity for lease or owner-occupancy. The property is zoned CS - Commercial Service, and its APN is 1820362000. This single-tenant building offers a compelling investment prospect for businesses seeking a high-visibility location with ample space and convenient amenities. The existing daycare tenant provides a stable income stream, while the substantial vacant space allows for significant expansion or customization to suit a variety of business needs. The property's size and location make it an ideal choice for a company seeking a prominent presence in the Milwaukee metropolitan area. This is a rare opportunity to acquire a well-located, established property with immediate income potential and significant upside.

Property profile

Verified
Property type Office Spaces
Total area 64,730 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5300-5360 118Th Ct Milwaukee, WI 53225
Milwaukee metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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