5055 Lydell Ave Glendale, WI 53217
- Office buildings
- 261,500 SF
- 14.44 lot acres
Current Use by Public Records
- Office buildings
Property Details for 5055 Lydell Ave
- Year built
- 1956
- Lot size
- 14.44 lot acres
- Property size
- 261,500 SF
- Property type
- Office buildings
- APN
- 203-8995-004
- APU
- 2038995004
Description
This exceptional 233,328 square foot property, located at 5055 N Lydell Ave in Glendale, Wisconsin, presents a unique investment opportunity. Built in 1956 and renovated in 2002, this two-story building sits on a generous 15.56-acre lot and is zoned B-1: Local Business District, Sub Area A. The property boasts a versatile design, currently configured as executive office space with the potential for conversion to warehouse use, making it ideal for a variety of businesses. Its location in the highly desirable Northshore area offers excellent last-mile facility potential, with easy access to I-43 and major east/west arteries. The interior features loft-like office space with high ceilings, a commercial-grade kitchen, a dedicated data room, and a backup generator for reliable power. Security features include electronic passcard access, motion detectors, and security cameras. The property also benefits from its adjacency to the Oak Leaf Trail, providing employees and visitors with convenient access to recreational opportunities. One dock-high door is available for loading and unloading. This property offers a rare combination of size, location, and adaptability, making it an attractive investment for discerning buyers.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $4,755,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $3,785,000
- 6.5%
- $4,080,000
- 7%
- $3,950,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $3,680,000
- Geo Method
- $3,245,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $3,360,000
- Retail
- $4,140,000
- Mixed-Use
- $3,980,000
- Hospitality
- $3,240,000
- Educational
- $3,755,000
- Residential Income
- $4,235,000
- Energy
- $3,315,000
- Income-Based Land
- $3,765,000
- Food Service
- $3,175,000
Location Insight
- Map
- Local Demand
- City
- Glendale
- County
- Milwaukee
- State
- Wisconsin
- Longitude
- -87.9136
- Latitude
- 43.1085
- CBSA code
- 33340
- CBSA name
- MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA