8316-8350 Steven Rd Milwaukee, WI 53223
This exceptional Milwaukee industrial portfolio comprises three single-story flex buildings totaling 25,558 square feet, situated on a single parcel at 8316-8350 N Steven Road, Milwaukee, WI 53223. Built in 1992, the property offers a compelling investment opportunity with a diverse range of unit sizes. The buildings are zoned IL-1, allowing for a variety of uses. Each building features 18-foot ceilings, providing ample vertical space for storage or operations. Three dock-high doors ensure efficient loading and unloading. The asking price for the entire portfolio is $2,950,000, translating to a price per square foot of $115.42 and a price per unit of approximately $983,333.33. The flexible space is ideal for a variety of businesses, with units ranging in size from approximately 2,700 square feet to approximately 12,126 square feet. This property presents a rare opportunity to acquire a well-maintained, multi-unit industrial portfolio in a desirable Milwaukee location. The property's strategic location and versatile space make it an attractive investment for both owner-occupiers and investors seeking strong rental income potential. This is a turnkey opportunity to acquire a high-quality industrial portfolio in a thriving market.
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.