6042 Packard Ave Cudahy, WI 53110-3028
- Banks
- 2,592 SF
- 1.49 lot acres
Current Use by Public Records
- PNC Bank / Atm / Bank
- PNC ATM / Atm
Property Details for 6042 Packard Ave
- Year built
- 1995
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 1.49 lot acres
- Property size
- 2,592 SF
- Zone code
- B-2PUD
- Property type
- Banks
- APN
- 682-9909-002
- APU
- 6829909002
Description
This exceptional 5,023-square-foot retail space, formerly a bank branch, presents a unique investment opportunity in Cudahy, Wisconsin. Located at 6042 S Packard Ave, 53110, this property boasts a highly visible location with three convenient points of access along Packard Avenue. The building features prominent signage, including a double-sided monument sign, ensuring maximum brand exposure. The interior layout, reflective of its previous use as a bank, offers a versatile floor plan adaptable to a variety of retail uses. The asking price is $600,000, translating to $119.45 per square foot. The property is zoned G2, providing flexibility for potential tenants and business ventures. Its strategic location in Milwaukee County offers easy access to major transportation routes and a thriving local community. This is an ideal opportunity for investors seeking a high-visibility retail space with significant potential for return. The property's previous assessed value is not relevant to the current asking price. The building's prime location and existing infrastructure make it a ready-to-occupy space, minimizing upfront investment costs for prospective buyers. This is a rare chance to acquire a well-situated retail property in a desirable Wisconsin location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $550,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $675,000
- 6.5%
- $590,000
- 7%
- $660,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $700,000
- Geo Method
- $720,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $640,000
- Retail
- $710,000
- Mixed-Use
- $755,000
- Hospitality
- $665,000
- Educational
- $785,000
- Residential Income
- $605,000
- Energy
- $660,000
- Income-Based Land
- $770,000
- Food Service
- $575,000
Location Insight
- Map
- Local Demand
- City
- Cudahy
- County
- Milwaukee
- State
- Wisconsin
- Longitude
- -87.8604
- Latitude
- 42.9346
- CBSA code
- 33340
- CBSA name
- MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA