Property profile

4505 Woolworth Ave Milwaukee, WI 53218

OFF-MARKET
Warehouses
Property ID
US92-0556584
79,572 SF 2.49 ac lot Built 1974
Entity Owned 11-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional industrial property, located at 4505 W Woolworth Ave, Milwaukee, WI 53218, offers 28,178 square feet of warehouse space currently fully leased. Situated on a generous 9.5-acre lot, this multi-tenant building presents a compelling investment opportunity. The warehouse boasts impressive ceiling heights ranging from 17 to 19 feet, providing ample vertical space for storage and operations. The property is zoned IL-1 Light Industrial, ensuring flexibility for a variety of uses. While the exact power specifications are to be verified (TBV), the building's size and features suggest significant capacity. The property's address is 4505 W Woolworth Ave, Milwaukee, Wisconsin. Given its current occupancy status, this property is ideal for investors seeking a stable, income-generating asset within the Milwaukee industrial market. Interested parties should inquire for further details regarding lease terms and financial information. The property's location offers convenient access to major transportation routes, enhancing its logistical appeal. This fully occupied warehouse represents a strong investment opportunity in a thriving industrial area. The building's substantial size and versatile zoning make it suitable for a range of industrial businesses.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1974
Total area 79,572 SF
Lot 2.49 ac (108,377 SF)
Zoning code IL1
APN 157-0012-000
UPID US92-0556584

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
  • Auto Parts Store Big Box & Wholesale Store

Location

4505 Woolworth Ave Milwaukee, WI 53218-1414
Milwaukee metro Census 1100 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
$1.60M
Blend (final) Blend
$915k

Owner & transaction history

since 2015
7 recorded transactions
2018
Price N/A
2017
Price N/A
2016
Price N/A
2015
$2.2M
2015
$1.5M
2014
$2.8M
2014
$1.1M

Zoning & alternative use

IL1 · 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

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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