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Property profile & analytics
FOR LEASE
Industrial properties

3300 N 124Th St Wauwatosa, WI 53222

56.46 ac lot
Entity Owned 4-yr Hold Absentee Owner Free & Clear
Property ID
US92-0893505
Property summary
AI-generated overview

This expansive industrial property, located at 3300 N 124th St in Wauwatosa, Wisconsin, offers a significant opportunity for businesses seeking flexible and sizable warehouse, manufacturing, distribution, R&D, or flex space. The property boasts a total of 1,241,421 square feet, with a substantial 997,176 square feet currently vacant and immediately available for lease. Units range from a minimum of 35,851 square feet up to the maximum contiguous space of 997,176 square feet, catering to a variety of business needs and scales. Built in 1955 and renovated in 1974, the property features impressive ceiling heights ranging from 12 to 33 feet, providing ample vertical space for operations. Loading and unloading are facilitated by 18 dock-high doors. The property sits on a generous 56.59 acres of land and includes 1,117 parking spaces for employees and visitors. The property is zoned M1: Light Industrial, ensuring compliance with various business operations. The Milwaukee County location, with a Wauwatosa address and 53222 zip code, offers convenient access to transportation networks and a skilled workforce. This exceptional property presents a rare opportunity to secure a large-scale industrial space in a prime location. The property's size, features, and flexibility make it ideal for a wide range of industrial and manufacturing businesses. Contact us today to learn more about leasing options.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Lot 56.46 ac (2,459,398 SF)
Zoning code M1
APN 258-0003-04
UPID US92-0893505
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
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$655k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$655k
Owner & transaction history
Riggs & Stratton LLC · 4 yrs held
Riggs & Stratton LLC
since 2022
7 recorded transactions
2025
Price N/A
2022
Price N/A
2022
$24.0M
2020
Price N/A
2020
Price N/A
2019
Price N/A
1969
Price N/A
Zoning & alternative use
M1 · Wauwatosa, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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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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