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Property profile & analytics
FOR LEASE
Industrial properties

5840 N 60Th St Milwaukee, WI 53218

45,818 SF 7.22 ac lot Built 1965
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US92-0473130
Property summary
AI-generated overview

This Milwaukee County industrial property, totaling 17,667 square feet, offers flexible lease options ranging from 2,000 to 13,539 contiguous square feet. Built in 1956 and renovated in 1997, the building features impressive ceiling heights ranging from 14 to 34 feet, ideal for various industrial uses. The property sits on a substantial 7.217-acre lot, providing ample outdoor storage capabilities within a secure, fenced-in area. The building boasts excellent signage opportunities and convenient access to loading docks—one shared dock and two dedicated docks equipped with levelers—along with a shared drive-in area. The property is zoned IL1 and includes 90 parking spaces. Electrical service is robust, featuring 4,000 amps, 480/240v 3-phase (TBV) power. This multi-tenant building presents a unique opportunity for businesses seeking highly competitive lease rates and a versatile industrial space. A drone video showcasing the property is available online. This is a rare opportunity to secure a well-maintained, spacious industrial property in a desirable Milwaukee County location.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1965
Total area 45,818 SF
Lot 7.22 ac (314,373 SF)
Zoning code IL1
APN 173-9993-111
UPID US92-0473130
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
Current use
Occupant on record · Public records
  • Whatever it Takes Transmission Parts (WIT) Auto Parts Store
  • Havenwoods Taproom and Beer Garden Bar & Pub
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$858k
Blend (final) Blend
$790k
Owner & transaction history
Luna Capital Management LLC · 4 yrs held
Luna Capital Management LLC
since 2022
Last sale
$610,000
7 recorded transactions
2026
Price N/A
2024
Price N/A
2022
Price N/A
2022
$610,000
2017
Price N/A
2017
Price N/A
1969
Price N/A
Zoning & alternative use
IL1 · Milwaukee, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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