6501 27Th St Franklin, WI 53132
- Commercial real estate
- 17,202 SF
- 70.00 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 6501 27Th St
- Year built
- 1995
- Lot size
- 70.00 lot acres
- Property size
- 17,202 SF
- Property type
- Commercial real estate
- APN
- 714-9997-002
- APU
- 7149997002
Description
College Plaza Shopping Center, located at 6501 S 27th St in Franklin, Wisconsin (zip code 53132), presents a unique opportunity for medical office tenants. This 5,710 square foot building sits on a 1.37-acre lot and is currently fully vacant, offering a blank canvas for a new tenant to customize. The property is zoned B-4 Mixed Use Commercial, allowing for a variety of potential uses within the medical field. The building is classified as both retail and office space, and its subtype is specifically designated as a medical office and shopping center. The property features ample parking, with approximately 73 spaces available for tenants and their clients. The property's location in Milwaukee County provides excellent access to major roadways and a strong local demographic. The entire 5,710 square feet is available for lease, making it ideal for a single large tenant or a group of smaller medical practices seeking a collaborative space. The property's APN is 7149997002. This is a rare opportunity to secure a substantial, well-located medical office space in a thriving community. The property's size and zoning offer significant flexibility for a variety of medical uses.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $6,165,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $4,945,000
- 6.5%
- $4,735,000
- 7%
- $4,920,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $5,310,000
- Geo Method
- $4,285,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $5,445,000
- Retail
- $5,950,000
- Mixed-Use
- $5,250,000
- Hospitality
- $5,805,000
- Educational
- $5,350,000
- Residential Income
- $5,700,000
- Energy
- $5,405,000
- Income-Based Land
- $5,295,000
- Food Service
- $5,240,000
Location Insight
- Map
- Local Demand
- City
- Franklin
- County
- Milwaukee
- State
- Wisconsin
- Longitude
- -87.9502
- Latitude
- 42.9264
- CBSA code
- 33340
- CBSA name
- MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA