5300 North 118Th Ct Milwaukee, WI 53225
This exceptional executive office building, located at 5300 N 118th Ct in Milwaukee, Wisconsin, presents a compelling investment opportunity. The property, known as the Monterey Park Corporate Center, boasts a flexible footprint ranging from 21,730 to 43,000 square feet, situated on a sizable lot spanning 1.97 to 2.5 acres. Constructed in 1999, the building is zoned CS-Commercial Service, offering versatility for various business uses. The convenient location at the interchange of I-41 and Silver Spring Drive ensures excellent accessibility. Ample parking is provided, with a ratio of 10 spaces per 1,000 square feet. Currently, 57% of the building is occupied by a daycare, which includes a fenced-in playground. The asking price for this property is $2,420,000. The property's APN is 1820362000. This presents a unique opportunity to acquire a well-located, established property with significant potential for future development or continued operation in a thriving Milwaukee market. The building's size and zoning provide flexibility for a variety of uses, making it an attractive investment for discerning buyers.
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The Aemilian Preschool Inc High School Daycare Center
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CS · Milwaukee, WIMilwaukee. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.