Technical
Financial
Distress signals
Property profile

1745 S 38Th St Milwaukee, WI 53215

FOR LEASE
Industrial properties
Property ID
US92-3398303
44,144 SF 3.78 ac lot Built 2007
Entity Owned 19-yr Hold Absentee Owner ~ Est. High Equity
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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

Current use

Occupant on record · Public records
  • Courier Service Postal Service

Location

1745 S 38Th St Milwaukee, WI 53215
Milwaukee metro Census 17100 MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA
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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

since 2007
7 recorded transactions
2014
Price N/A
2007
$246,000
2006
$446,500
2004
$1.2M
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

IO2 · Milwaukee, WI
Zoning description

(IO1 & IO2, IL1 & IL2, IC, IM, IH) 295-801 Purpose 295-803 Uses 295-805 Industrial Design Standards SUBCHAPTER 9 SPECIAL DISTRICTS (PK, TL, PD/DPD, RED) 295-901 Special District Purposes 295-903 Parks District 295-905 In…

General category INDUSTRIAL
Top alternative use upside
Office building $3.5M +45.6%
Restaurant $3.2M +32.1%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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