1718 Pearl St, Waukesha, WI 53186-5626
- Warehouses
- 103,120 SF
- 5.74 lot acres
Current Use by Public Records
- ABB INC C/O ODW LOGISTICS / Logistics Company / Freight Service
Property Details for 1718 Pearl St
- Year built
- 1995
- Lot size
- 5.74 lot acres
- Zone code
- M-2
- Property type
- Warehouses
- APN
- WAKC1299030
- APU
- WAKC1299030
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Apr 4, 2023 | $10,292,100 | Srrt Pearl Street LLC | Haverhill Apartments LLP | Special Warranty Deed | — |
| Nov 4, 2021 | $9,790,000 | Haverhill Apartments LLP | Srrt Pearl Street LLC | Special Warranty Deed | $5.8M · Luanna Savings Bank |
| Aug 16, 2021 | $11,650,000 | Srrt Pearl Street LLC | Jt Jacobus & Associates INC | Special Warranty Deed | — |
| Apr 6, 2000 | — | Pearl St Properties INC | J C LLC | Grant Deed · related | — |
Description
This exceptional industrial property, located in Waukesha County, offers a substantial 102,947 square feet of warehouse space for lease. The property consists of two buildings, constructed in 1995, situated on a 10.58-acre lot (5.73 acres usable). The space is currently entirely vacant and available for immediate occupancy. The minimum leasable area is 45,000 square feet, with the possibility of leasing the entire 102,947 square feet contiguously. The warehouse boasts impressive features including a 27-foot ceiling height, providing ample vertical storage capacity. Efficient loading and unloading is ensured with 16 loading docks and one drive-in door. The property is zoned M-2 General Manufacturing District, making it suitable for a variety of industrial uses. Power is provided by an 800 amp, 120/208 volt, 3-phase system. This is a rare opportunity to secure a large, well-maintained warehouse in a desirable location. The property's size, features, and location make it an ideal choice for businesses seeking significant warehouse space in Waukesha County. Contact us today to schedule a viewing and explore the possibilities.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $11,960,000
- ML approach
- $9,625,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $7,590,000
- 6.5%
- $7,005,000
- 7%
- $6,505,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $7,232,000
- AI Estimate
- $7,374,000
Market price range: $7.23M - $20.1MMarket price range: $5.24M - $20.1M -
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $12,290,000 Current use
- APARTMENT HOUSE (5+ UNITS)
- $14,335,000 Change: +17% Conversion: Difficult
- RETAIL STORES
- $13,120,000 Change: +7% Conversion: Moderate
- INDUSTRIAL (GENERAL)
- $12,330,000 Change: +0% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Waukesha
- County
- Waukesha
- State
- Wisconsin
- Longitude
- -88.1961
- Latitude
- 43.0087
- CBSA code
- 33340
- CBSA name
- MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA
