5300-5360 118Th Ct, Milwaukee, WI 53225
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.