5825 Hope Ave Milwaukee, WI 53216-1275
This exceptional 161,022 square-foot retail property, formerly a Walmart, presents a significant investment opportunity in Milwaukee, Wisconsin. Located at 5825 W Hope Ave, within the Midtown Center, this single-tenant building boasts a prime location along Capitol Drive, between Fond du Lac Avenue and 60th Street, in a densely populated area. Constructed in 2002, the property features three loading docks, a four-bay auto/truck service center, and a generous 240-space surface parking lot. The building offers a clear ceiling height of 18-21 feet, providing ample space for various retail uses. The property is zoned RB2 - Regional Business Commercial Business, and some use restrictions exist as part of the Midtown Center's overall regulations. This substantial space offers high visibility and accessibility, making it ideal for a variety of large-format retail businesses. Its strategic location within a thriving commercial area ensures significant foot traffic and potential for strong returns. The property's size and amenities make it a rare find in the Milwaukee market. Serious inquiries are encouraged to explore the possibilities of this unique investment opportunity. Further details regarding the use restrictions are available upon request. The property is situated in Milwaukee County, Wisconsin, with a zip code of 53216.
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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
RB2 · 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.