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Property profile & analytics
FOR LEASE
Manufacturing properties

7000 W Calumet Rd Milwaukee, WI 53223

170,297 SF 27.64 ac lot Built 1964
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US92-3329295
Property profile
Verified
Property type Manufacturing properties
Use group FOUNDRY, INDUSTRIAL PLANT
Year built 1964
Total area 170,297 SF
Lot 27.64 ac (1,203,911 SF)
Zoning code IL1
APN 082-0041-100
UPID US92-3329295
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
  • AGI Fabricators Metal Fabrication Plant Factory
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$10.40M
CAP Approach CAP
$9.54M
Comparable Approach Comparable
$11.55M
Blend (final) Blend
$10.99M
Owner & transaction history
Nbp Calumet LLC · 2 yrs held
Nbp Calumet LLC
since 2024
Last sale
$12.0M
7 recorded transactions
2024
$12.0M
2020
$10.6M
2019
Price N/A
2018
$7.4M
2017
Price N/A
2014
$1.0M
2014
Price N/A
Zoning & alternative use
IL1 · Milwaukee, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

(IO1 & IO2, IL1 & IL2, IC, IM, IH) 295-801 Purpose 295-803 Uses 295-805 Industrial Design Standards SUBCHAPTER 9 SPECIAL DISTRICTS (PK, TL, PD/DPD, RED) 295-901 Special District Purposes 295-903 Parks District 295-905 Institutional District 295-907 Planned Development District 295-909 Redevelopment District SUBCHAPTER 10 OVERLAY ZONES (NC, IS, DIZ, SP, WL, L…

Zone name Industrial Light
General category INDUSTRIAL
Source Master V2
Top alternative use upside
Medical building $17.5M +89.1%
Neighborhood: shopping center $15.8M +70.9%
Commercial (general) $14.8M +59.4%
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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