Property profile

6080 108th St Hales Corners, WI 53130

OFF-MARKET
Commercial real estate
Property ID
US92-1106743
0.44 ac lot
Entity Owned 7-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.44 ac (19,384 SF)
APN 700-9977-002
UPID US92-1106743

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Dental Office
  • Dental Office
  • Medical Clinic
  • Medical Clinic
  • Physician

Location

6080 108th St Hales Corners, WI 53130-2557
Hales Corners metro Census 130100 MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$320k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$320k

Owner & transaction history

since 2019
7 recorded transactions
2024
Price N/A
2022
Price N/A
2019
Price N/A
2017
Price N/A
2017
$575,000
2012
Price N/A
2011
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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