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Property profile & analytics
OFF-MARKET Estimated value $2,175,000
Warehouses

6619 Calumet Rd Milwaukee, WI 53223-4186

31,945 SF 4.12 ac lot Built 2000
Entity Owned 8-yr Hold ~ Est. High Equity
Property ID
US92-0030471
Property summary
AI-generated overview

This exceptional 41,545-square-foot warehouse, located at 6619 W. Calumet Rd in Milwaukee, Wisconsin, presents a remarkable opportunity. Built in 1997 and renovated in 2001, the property boasts a desirable single-tenant occupancy status, offering immediate availability for a new business. The warehouse features a spacious interior with a 19-foot ceiling height, providing ample vertical storage capacity. Efficient operations are ensured with four loading docks and two drive-in doors, facilitating seamless loading and unloading processes. The property is zoned IL1 within Milwaukee County and is conveniently situated in the Granville Woods Business Park, offering a secluded yet accessible location. Its proximity to I-41 and WI-145 provides excellent connectivity to major transportation arteries, enhancing logistical efficiency. The entire 41,545 square feet is currently vacant, presenting a blank canvas for a new tenant to customize the space to their specific needs. This property represents a rare opportunity to secure a substantial, well-maintained warehouse in a strategic location within Milwaukee. The zip code is 53223.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2000
Total area 31,945 SF
Lot 4.12 ac (179,641 SF)
Zoning code IL1
APN 083-0742-000
UPID US92-0030471
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
  • Alpha Source Inc Distribution Center Logistics Company
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.18M
Comparable Approach Comparable
$2.34M
Blend (final) Blend
$2.18M
Owner & transaction history
Jckr Partners LLC · 8 yrs held
Jckr Partners LLC
since 2018
7 recorded transactions
2018
$2.4M
2016
$1.9M
2007
$1.6M
2005
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
IL1 · Milwaukee, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $3.4M +76.9%
Medical building $3.3M +69.2%
Neighborhood: shopping center $3.0M +53.0%
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