1445 113 St West Allis, WI 53214
- Commercial real estate
- 1.26 lot acres
Current Use by Public Records
- Supreme Builders / Property Management Company / Apartment Rental Agency
Property Details for 1445 113 St
- Lot size
- 1.26 lot acres
- Property type
- Commercial real estate
- APN
- 448-9990-001
- APU
- 4489990001
Description
Exceptional investment opportunity in West Allis, Wisconsin! This 11,950 square foot flex building, situated on a 1.26-acre lot, presents a compelling proposition for discerning investors. The property comprises two buildings: a main structure of 8,860 square feet and a secondary building of 3,090 square feet. A significant 3,350 square feet is dedicated to office space, providing ample room for administrative functions or potential lease income. The buildings boast impressive features, including 9 dock-high doors (4 drive-ins in the main building and 5 in the secondary), and ceiling heights ranging from 13' to 15'4" in the main building and 13' in the secondary. The main building features a wet sprinkler system, while the secondary building has a dry system. Power is supplied by a robust 240V/400 Amp 3-phase system. Two restrooms are conveniently located within the property. The property is zoned C-3 (Community Commercial District), offering flexibility for various uses. Built with durable masonry block construction, the property benefits from readily available internet service provided by AT&T and Charter/Spectrum. The property is currently available and offers multi-tenant possibilities, having been recently renovated. Asking price is $1,495,000. This property is an ideal choice for investors seeking a versatile and well-maintained industrial space in a prime location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,325,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,405,000
- 6.5%
- $1,285,000
- 7%
- $1,380,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,270,000
- Geo Method
- $1,375,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,240,000
- Retail
- $1,605,000
- Mixed-Use
- $1,600,000
- Hospitality
- $1,355,000
- Educational
- $1,605,000
- Residential Income
- $1,395,000
- Energy
- $1,475,000
- Income-Based Land
- $1,545,000
- Food Service
- $1,525,000
Location Insight
- Map
- Local Demand
- City
- West Allis
- County
- Milwaukee
- State
- Wisconsin
- Longitude
- -88.0544
- Latitude
- 43.0152
- CBSA code
- 33340
- CBSA name
- MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA
