10003 W Carmen Ave Milwaukee, WI 53225
For Sale
This exceptional 6,131-square-foot flex/warehouse property, located at 10003 W. Carmen Avenue in Milwaukee, Wisconsin, presents a compelling investment opportunity. Built in 1962, the building sits on a 0.253-acre lot and boasts a desirable IL-1 zoning designation. The property features a spacious layout with a combination of office and warehouse space, including private offices and a conference room. Ceiling heights range from 12 to 14 feet, providing ample vertical space. The property includes eight parking spaces and one drive-in bay. The HVAC system is gas forced air. The building's location offers convenient access to major transportation routes, being just minutes from I-41/45 via Silver Spring Drive, and situated north of Silver Spring Drive and Appleton Avenue. The property is offered at an asking price of $275,000 with a NNN lease type. Power to the building is the responsibility of the buyer/tenant. The assessed property number (APN) is 1799982321. This versatile property is ideal for a variety of businesses seeking a functional and well-located space.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
IL1 · Milwaukee, WIMilwaukee. Always verify with local authorities before improvements.
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.