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Property profile & analytics
FOR SALE
Commercial real estate

4777 S 27Th St Greenfield, WI 53221

130,723 SF 12.94 ac lot
Entity Owned 3-yr Hold Free & Clear
Property ID
US92-0484764
Property summary
AI-generated overview

This exceptional retail property, located at 4777 S 27th St in Greenfield, Wisconsin (zip code 53221), offers a substantial 113,747 square feet of space. The property is currently configured as a big-box retail center and features a significant existing lease with a prominent tenant. A portion of the space (10,000 square feet) is currently occupied by a Dollar Tree store under a separate lease agreement. The remaining space was previously occupied by a Festival Foods grocery store, which opened in 2021 following a complete remodel. The property's ownership is open to various transaction structures, including a sale of the entire property, a lease of the entire property, or a lease of the former Festival Foods space as a single-tenant occupancy. The substantial existing lease on the former Festival Foods space presents a unique opportunity for investors and tenants alike. This high-visibility location in Milwaukee County offers excellent access and high traffic volume, making it an ideal location for a variety of retail businesses. The property's size and configuration provide ample space for a wide range of retail uses. Serious inquiries are encouraged to explore the various options available for this prime retail opportunity. The property is situated at latitude 42.95710521559431 and longitude -87.9511540864163.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Total area 130,723 SF
Lot 12.94 ac (563,666 SF)
APN 622-9988-016
UPID US92-0484764
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$24.02M
Comparable Approach Comparable
$14.33M
Blend (final) Blend
$20.69M
Owner & transaction history
Ns Retail Holdings LLC · 3 yrs held
Ns Retail Holdings LLC
since 2023
Last sale
$22.3M
2 recorded transactions
2023
$22.3M
2020
$4.0M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units) $24.2M +10.0%
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