8008 Brown Deer Rd Milwaukee, WI 53223
- Retail space
- 16,709 SF
- 1.55 lot acres
Current Use by Public Records
- Retail space
Property Details for 8008 Brown Deer Rd
- Year built
- 1995
- Lot size
- 1.55 lot acres
- Property size
- 16,709 SF
- Zone code
- RB1
- Property type
- Retail space
- APN
- 032-0143-100
- APU
- 320143100
Description
This exceptional 16,709 square foot free-standing retail building, located at 8008 W Brown Deer Rd in Milwaukee, WI, presents a compelling investment opportunity. Currently leased to The Salvation Army, this property boasts a highly visible corner location at the signalized intersection of Brown Deer Road, North 76th Street, and I-41, ensuring substantial traffic exposure. The building features pylon signage, further enhancing its visibility. Situated within a thriving commercial area, it benefits from proximity to major national retailers including Walgreens, Walmart, McDonald's, Menard's, Aldi, and Enterprise Rent-A-Car. The property sits on a 67,518 square foot lot and is zoned RB-1. A significant demographic advantage exists, with 149,890 people residing within a five-mile radius, boasting an average annual household income of $80,000. The daily traffic count on Brown Deer Road is 28,886 vehicles. This property is designated as an Opportunity Zone property. Real estate taxes for 2021 were $38,236 (under protest). This presents a rare opportunity for both users and investors seeking a high-traffic, strategically located retail asset in a densely populated area of Milwaukee. The asking price is $1,600,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Milwaukee
- County
- Milwaukee
- State
- Wisconsin
- Longitude
- -88.0096
- Latitude
- 43.1786
- CBSA code
- 33340
- CBSA name
- MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA
