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Property profile & analytics
OFF-MARKET
Auto shops

3323 Vera Ave Milwaukee, WI 53209-2541

5,760 SF 0.35 ac lot Built 1984
Entity Owned 2-yr Hold Free & Clear
Property ID
US92-0058588
Property summary
AI-generated overview

This exceptional industrial warehouse, located at 3323 W Vera Avenue in Milwaukee, Wisconsin, presents a compelling investment opportunity for owner-users. The property boasts a spacious 5,760 square feet of net rentable space within a single-story building situated on a 0.35-acre lot. Ample parking is available on-site. The warehouse features four convenient drive-in doors, facilitating efficient loading and unloading operations. Internal improvements include a small office and a bathroom, providing essential workspace and amenities. The property is currently vacant, offering immediate occupancy for the new owner. Priced at $299,900, this translates to a price per square foot of $52.07. The property is classified as Class C and is conveniently located near Teutonia Avenue, providing easy access to major transportation routes. This warehouse is perfectly suited for a variety of industrial uses, making it an attractive option for businesses seeking a functional and well-located space. The property's size and features make it an excellent choice for an owner-user seeking to establish or expand their operations in the Milwaukee area. The 53209 zip code offers access to a robust local economy and workforce. This is a rare opportunity to acquire a well-positioned industrial property at an attractive price point.

Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1984
Total area 5,760 SF
Lot 0.35 ac (15,307 SF)
Zoning code IM
APN 124-9993-100
UPID US92-0058588
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
  • Platinum Auto Sport Auto Repair Shop
  • pasexteriors Auto Repair Shop Vehicle Inspection Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Bca Industries INC · 2 yrs held
Bca Industries INC
since 2023
Last sale
$280,000
5 recorded transactions
2023
$280,000
2019
$120,200
2008
$175,000
2008
Price N/A
1969
Price N/A
Zoning & alternative use
IM · Milwaukee, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 none 9 Neighborhood Conservation NC none 10 Interim Study IS none 10 Development Incentive DIZ DIZ 10 Site Plan Review SP SPROD 10 Shoreland-We…

Zone name Industrial Mixed
General category INDUSTRIAL
Source Master V2
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