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Property profile & analytics
FOR SALE
Warehouses

10003 W Carmen Ave Milwaukee, WI 53225

6,131 SF 0.25 ac lot Built 1962
Entity Owned 23-yr Hold Absentee Owner Free & Clear
Property ID
US92-0825955
10003 W Carmen Ave, Milwaukee, WI 53225 For Sale
$275,000 6,131 SF
10003 W Carmen Ave, Milwaukee, WI 53225
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Property summary
AI-generated overview

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.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1962
Total area 6,131 SF
Lot 0.25 ac (11,032 SF)
Zoning code IL1
APN 179-9982-321
UPID US92-0825955
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
DONALD M FRITZKE, SRUST (12/21/00),
DONALD M FRITZKE, SRUST (12/21/00),
Zoning & alternative use
IL1 · Milwaukee, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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