7025 Main StMilwaukee, WI 53214

For Sale
  • Grocery and convenience stores
  • 39,905 SF

Property Details for 7025 Main St

Year built
2012
Lot size
5.13 AC
Property size (Sq ft)
39,905 SF
Zone code
PD
Property type
Grocery and convenience stores
APN
419-0209-112
APU
4190209112

Description

This exceptional 39,905-square-foot retail space, formerly a Walmart Neighborhood Market, presents a prime investment opportunity in Milwaukee, Wisconsin. Located at 7025 W Main St, 53214, this single-story, 2012-built building sits on a 5.62-acre lot (APN 4190209112) and benefits from high visibility due to its prominent location on W Main Street and S 70th Street. The property is currently vacant and zoned PD, offering flexibility for a variety of retail uses. Its strategic location provides easy access to Interstate 94, ensuring convenient access for customers and employees. The surrounding area boasts a dense population and a strong retail presence, with nearby established businesses including Hobby Lobby, Ross, and Party City, creating a vibrant commercial environment. This property's size, location, and visibility make it an ideal site for a grocery store or other high-traffic retail establishment. The building's excellent condition and ample parking further enhance its appeal. This is a rare opportunity to acquire a well-situated, sizable retail space in a thriving Milwaukee market. Serious inquiries are encouraged.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $10,591,822
    6.5%
    $9,777,067
    7%
    $9,078,705
  • Comparable approach

    Method
    Valuation
    Relative Method
    $10,209,232
    Geo Method
    $13,098,018
  • Alternative Use

    Use
    Valuation
    Residential
    $8,247,322
    Hospitality
    $7,554,502
    Educational
    $6,285,258
    Medical
    $6,501,417
    Retail
    $9,777,067
7025 Main St, Milwaukee, Wisconsin
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Location Insight

City
Milwaukee
County
Milwaukee
State
Wisconsin
Latitude
43.0253
Longitude
-88.0014
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
$77,597
$921,200
$2,337,800
$3,259,000
-
$921,200
$2,337,800
$3,259,000

FAQs

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