Technical
Financial
Distress signals
Property profile

3225 Pierce St Milwaukee, WI 53212

OFF-MARKET
Warehouses
Property ID
US92-0913718
41,002 SF 1.05 ac lot Built 1909
Entity Owned 5-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional industrial property, situated on the vibrant Beerline Trail, offers 12,000 square feet of immediately available space for lease. The building, constructed in 1909 and renovated in 1951, boasts a total of 25,158 square feet, with flexible lease options ranging from a minimum of 4,000 square feet to a maximum contiguous space of 8,000 square feet. The property features two convenient drive-in doors, providing easy access for loading and unloading. Ceiling heights vary from 1 foot to an impressive 33 feet, offering versatility for a range of industrial uses. The building's power supply is robust, featuring heavy 3-phase power, well distributed throughout. The first floor space presents excellent showroom potential, while the second floor is ideal for office space or storage. The property sits on a 1.05-acre lot and is zoned Industrial Mixed (IM), offering a variety of permitted uses. Its prime location along the Beerline Trail provides excellent visibility and accessibility. The property's APN is 2811853000. This is a rare opportunity to secure a well-located, adaptable industrial space with significant potential. Contact us today to schedule a viewing.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1909
Total area 41,002 SF
Lot 1.05 ac (45,782 SF)
Zoning code IM
APN 281-1853-000
UPID US92-0913718

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3225 Pierce St Milwaukee, WI 53212-2145
Milwaukee metro Census 7200 MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.08M
CAP Approach CAP
by Request
Comparable Approach Comparable
$950k
Blend (final) Blend
$770k

Owner & transaction history

since 2020
Last sale
$780,000
7 recorded transactions
2020
$780,000
2020
Price N/A
2020
Price N/A
2017
$290,300
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

IM · Milwaukee, WI
Zoning description

Industrial-Mixed IM none 8 Industrial-Heavy IH I/A125 and I/B/85 8 Special Districts and Overlay Zones Parks PK none 9 Institutional TL all T districts 9 Planned Development PD and DPD GPD and DPD 9 Redevelopment RED non…

General category INDUSTRIAL

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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