6080 108th St Hales Corners, WI 53130-2557
- Commercial real estate
- 0.44 lot acres
Current Use by Public Records
- Brickler Gilbert J DDS / Dental Implants Periodontist / Teeth Whitening Service
- Wolfert Ortho / Dentist
- Metro Physicians Wheaton / Medical Clinic / Internist
- Whitnall Family Practice / Medical Clinic / Family Practice Physician
- Dr. Mark Clemence / Internist / Infectious Disease Physician
Property Details for 6080 108th St
- Lot size
- 0.44 lot acres
- Property type
- Commercial real estate
- APN
- 700-9977-002
- APU
- 7009977002
Description
This exceptional owner-user opportunity presents a 12,339 square foot, two-story medical office and retail building situated on a 1.465-acre lot in Hales Corners, Wisconsin. Built in 1970 and extensively renovated in 2023, the property boasts a prime location on S. 108th Street, directly abutting the busy Highway 100 corridor, with a daily traffic count of 28,871 vehicles. The building features private suite entrances, ample recently resurfaced parking, and new exterior improvements including paint and landscaping. The main level offers 2,995 square feet ideal for medical or retail use with direct highway exposure. A fully occupied salon suite provides existing income, and a contract for additional income from independent offices and shared workspaces is available for assumption. The property benefits from its strategic location between a strong retail district and a dense suburban market, with 3,969 homes within a one-mile radius. Hales Corners' central location in southeastern Wisconsin offers easy access to I-41 and I-43, within a five-minute drive. Detailed financial forecasts are available upon request. The asking price is $2,000,000, resulting in a price per square foot of $162.09. The property includes a lower level with exposed rear space. The roof was replaced in 2017.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $320,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $345,000
- 6.5%
- $365,000
- 7%
- $330,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $315,000
- Geo Method
- $370,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $385,000
- Retail
- $315,000
- Mixed-Use
- $300,000
- Hospitality
- $385,000
- Educational
- $365,000
- Residential Income
- $365,000
- Energy
- $325,000
- Income-Based Land
- $305,000
- Food Service
- $380,000
Location Insight
- Map
- Local Demand
- City
- Hales Corners
- County
- Milwaukee
- State
- Wisconsin
- Longitude
- -88.048
- Latitude
- 42.9341
- CBSA code
- 33340
- CBSA name
- MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA