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Property profile & analytics

6042 Packard Ave Cudahy, WI 53110-3028

  • Banks
  • 2,592 SF
  • 1.49 lot acres
OFF-MARKET
Value Estimation
$595,000
Last Sale
Dec 04, 2024
$550,000
Location Intelligence
Property ID
US92-0942465
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

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

by Realmo proprietary methodology Last update: July 3, 2025
  • 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

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$18,048
$403,800
$502,000
$905,800
-
$0.00
$0.00
$933,200
More about this property
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