6820 43Rd St Milwaukee, WI 53209
- Warehouses
- 37,837 SF
- 1.94 lot acres
Current Use by Public Records
- BeeVangelists / Education Center
Property Details for 6820 43Rd St
- Year built
- 1951
- Lot size
- 1.94 lot acres
- Property size
- 37,837 SF
- Zone code
- IL1
- Property type
- Warehouses
- APN
- 123-9948-110
- APU
- 1239948110
Description
This exceptional 37,837 square foot mixed-use property, located at 6820 N. 43rd Street in Brown Deer, Wisconsin, presents a unique investment opportunity. The building, constructed in 1951 with additions in 1964 and 1970, boasts a blend of executive office and manufacturing space, currently operating at 100% occupancy. The property sits on a 1.94-acre lot and is zoned IL-1. Features include a 19-foot ceiling height, heavy power (480-volt, 3-phase), and substantial loading capabilities: one recessed dock with leveler, plus drive-in doors measuring 12' x 18' and 10' x 13'. The building's robust infrastructure includes multiple cranes: two 10-ton, one 5-ton, two 3-ton, and three 2-ton. The metal and masonry construction ensures durability. The asking price is $1,300,000, with a price per square foot of $34.36. 2022 property taxes totaled $12,775.21. This prime Milwaukee County location offers excellent access to major transportation routes and a strong workforce. This is an ideal opportunity for an investor seeking a high-occupancy, mixed-use property with significant industrial capabilities.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $725,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $485,000
- 6.5%
- $475,000
- 7%
- $555,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $525,000
- Geo Method
- $500,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $435,000
- Retail
- $570,000
- Mixed-Use
- $595,000
- Hospitality
- $540,000
- Educational
- $600,000
- Residential Income
- $475,000
- Energy
- $435,000
- Income-Based Land
- $515,000
- Food Service
- $590,000
Location Insight
- Map
- Local Demand
- City
- Milwaukee
- County
- Milwaukee
- State
- Wisconsin
- Longitude
- -87.965
- Latitude
- 43.142
- CBSA code
- 33340
- CBSA name
- MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA