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    FOR LEASE
    Industrial properties

    1745 S 38Th St, Milwaukee, WI 53215

    44,144 SF 3.78 ac lot Built 2007
    Entity Owned 18-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US92-3398303
    Property summary
    AI-generated overview

    Stadium Business Park IV, located at 1745 S 38th St, Milwaukee, WI 53215, offers a prime flex space opportunity within a well-established industrial park. This 23,989 square foot space is part of a larger 42,761 square foot building constructed in 2007. The property boasts an impressive 18-foot ceiling height, ideal for various industrial and commercial uses. One dock-high door provides convenient loading and unloading capabilities. Ample parking is available with 69 total spaces. The space is zoned for Industrial/Office use, offering flexibility for a wide range of businesses. The building is served by 3-phase power (TBV). This multi-tenant building presents a unique chance to establish a presence in Milwaukee County's thriving industrial sector. The available space is ready for immediate occupancy. The property's location in Milwaukee provides easy access to major transportation routes, ensuring efficient logistics and distribution. This is an exceptional opportunity for businesses seeking a functional and strategically located industrial space. The property is classified as Flex, Warehouse, and Distribution, catering to diverse operational needs. Contact us today to learn more about this exceptional opportunity.

    Property profile
    Verified
    Property type Industrial properties
    Use group INDUSTRIAL PARK
    Year built 2007
    Total area 44,144 SF
    Lot 3.78 ac (164,831 SF)
    Zoning code IO2
    APN 457-1373-000
    UPID US92-3398303
    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
    Current use
    Occupant on record · Public records
    • MedSpeeed LLC Courier Service Postal Service
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.96M
    Blend (final) Blend
    $2.20M
    Owner & transaction history
    Sbp IV LLC · 18 yrs held
    Sbp IV LLC
    since 2007
    7 recorded transactions
    2014
    2007
    $246,000
    2006
    $446,500
    2004
    $1.2M
    1969
    1969
    1969
    Zoning & alternative use
    IO2 · Milwaukee, WI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Office building $3.5M +45.6%
    Restaurant $3.2M +32.1%
    Try Rey
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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