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Property profile & analytics
OFF-MARKET Estimated value $550,000
Banks

6042 Packard Ave Cudahy, WI 53110-3028

2,592 SF 1.49 ac lot Built 1995
Individually Owned 1-yr Hold Absentee Owner Free & Clear
Property ID
US92-0942465
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1995
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,592 SF
Lot 1.49 ac (65,122 SF)
Zoning code B-2PUD
APN 682-9909-002
UPID US92-0942465
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
  • PNC Bank Bank Loan Service
  • PNC ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$550k
CAP Approach CAP
by Request
Comparable Approach Comparable
$406k
Blend (final) Blend
$550k
Owner & transaction history
Ahmed Alsallami · 1 yrs held
Ahmed Alsallami
since 2024
Last sale
$550,000
1 recorded transaction
2024
$550,000
Zoning & alternative use
B-2PUD · Cudahy, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $395,000 +70.1%
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