6340 Howell Ave Oak Creek, WI 53154

Property Details for 6340 Howell Ave

Lot size

6.29 lot acres

Property type

Commercial real estate

APN

719-9012-000

APU

7199012000

Description

This exceptional commercial real estate offering presents a unique opportunity in Oak Creek, Wisconsin. The property encompasses a substantial 8.43 to 10 acres of land, zoned M-1; B-4; and PUD, providing significant flexibility for development. The existing retail structure totals 75,000 square feet and is divided into three separate suites, currently available for lease. The site boasts a high-traffic location at the intersection of College Avenue and Howell Avenue, with a combined daily vehicle count of 42,300 (23,600 on Howell Avenue and 18,700 on College Avenue). Its proximity to I-94 and General Mitchell International Airport (1.4 miles) further enhances its accessibility and desirability. Build-to-suit options are available, catering to specific tenant requirements. The property also benefits from the potential for Tax Incremental Financing (TIF) through the existing TID #10, offering attractive financial incentives. The favorable property tax environment, with a mill rate of $16.25 per assessed value, adds to the investment appeal. Individual site purchases are possible, and the property's zoning allows for a variety of development scenarios. Site 1, for example, could accommodate a building up to 200 feet deep and 112,000 square feet. This is an ideal opportunity for developers and businesses seeking a prime location with significant development potential. The property's multiple APNs are 7199012000 & 7199995000; 7199007000; and 7199987002 & 7199986000, located within Milwaukee County.

Location Insight

City

Oak Creek

County

Milwaukee

State

Wisconsin

Longitude

-87.9088

Latitude

42.9293

CBSA code

33340

CBSA name

MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments