2300 Cornell St Milwaukee, WI 53209
- Manufacturing properties
- 70,083 SF
- 2.66 lot acres
Current Use by Public Records
- Mid America IBC / Steel Drum Supplier
Property Details for 2300 Cornell St
- Year built
- 1948
- Lot size
- 2.66 lot acres
- Property size
- 70,083 SF
- Zone code
- IL2
- Property type
- Manufacturing properties
- APN
- 231-0250-000
- APU
- 2310250000
Description
This exceptional 70,000-square-foot industrial flex space at 2300 W Cornell St, Milwaukee, WI 53209, presents a compelling investment opportunity. Boasting a spacious 2.87-acre lot, the property offers ample room for both indoor and outdoor operations. Built in 1948 and zoned IL2, this vacant building features two dock-high doors, facilitating efficient loading and unloading. The interior boasts impressive ceiling heights ranging from 14 to 20 feet, providing versatile storage and operational capabilities. The property includes a fully fenced perimeter with a powered gate, enhancing security and control. The building is equipped with a comprehensive 100% wet sprinkler system, ensuring fire safety. Heavy, three-phase power (TBV) is available, catering to high-demand industrial applications. The asking price is $1,600,000, translating to a price per square foot of $22.86. This property's combination of size, features, and location makes it an ideal choice for a variety of industrial and flex-use businesses seeking a substantial and well-equipped space in Milwaukee. The property's outdoor storage area adds significant value, providing flexibility for expansion or specialized storage needs. This is a rare opportunity to acquire a substantial industrial property in a prime Milwaukee location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $760,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $540,000
- 6.5%
- $530,000
- 7%
- $540,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $550,000
- Geo Method
- $555,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $625,000
- Retail
- $660,000
- Mixed-Use
- $600,000
- Hospitality
- $585,000
- Educational
- $520,000
- Residential Income
- $640,000
- Energy
- $675,000
- Income-Based Land
- $525,000
- Food Service
- $710,000
Location Insight
- Map
- Local Demand
- City
- Milwaukee
- County
- Milwaukee
- State
- Wisconsin
- Longitude
- -87.9408
- Latitude
- 43.1017
- CBSA code
- 33340
- CBSA name
- MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA