10506 Blue Mound RdWauwatosa, WI 53226

  • Other commercial real estate
  • 4,960 SF
For Sale
$749,000 View listing

Property Details for 10506 Blue Mound Rd

Year built
1970
Lot size
0.23 AC
Property size (Sq ft)
4,960 SF
Zone code
C2
Property type
Other commercial real estate
APN
410-0105-04
APU
410010504

Description

This exceptional 4,960 square foot mixed-use building, located at 10506 W Bluemound Rd in Wauwatosa, Wisconsin, presents a unique investment opportunity. The property, situated on a 0.23-acre lot (APN 4100105004), boasts a convenient central location directly across from the Milwaukee County Zoo, ensuring high visibility and accessibility. Built in 1970 and renovated in 2005 (ongoing), this two-story structure features a creative office/retail layout. The first floor offers flexible space ideal for retail or office use, with potential for expansion. The rear section, a two-story area, includes a 10-foot overhead door, perfect for service-based businesses requiring loading capabilities. The building is constructed of masonry and benefits from three rooftop HVAC units, a ballasted membrane roof, and municipal utilities. Power is supplied by 240v 3-phase electricity. Ample parking is provided in a controlled private lot accommodating 8-9 vehicles. A pole sign on Bluemound Road offers excellent signage opportunities. The property is zoned AA Business and enjoys high traffic volume, with 23,450 average daily traffic counts (2019 data). Real estate taxes for 2022 were $11,654.96. This vacant property is priced at $749,000 and offers significant potential for a variety of businesses.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,025,102
    Hospitality
    $938,988
    Educational
    $781,227
    Medical
    $808,095
    Retail
    $1,215,242
10506 Blue Mound Rd, Wauwatosa, Wisconsin
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Location Insight

City
Wauwatosa
County
Milwaukee
State
Wisconsin
Latitude
43.0351
Longitude
-88.0436
CBSA code
33340
CBSA name
MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$11,617
$200,000
$335,800
$535,800
-
-
-
$635,000

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