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Property profile

7924 Burleigh St Milwaukee, WI 53222

OFF-MARKET
Retail space
Property ID
US92-0852030
View Sample
7,360 SF 0.33 ac lot Built 1950
Individually Owned 4-yr Hold ~ Est. High Equity

Property summary

AI-generated overview

This exceptional single-tenant retail building, located at 7924 W Burleigh St in Milwaukee County, Wisconsin, presents a unique investment opportunity. Constructed in 1950 and extensively renovated in 2013, the property boasts a substantial 7,360 square feet of retail space, all on one convenient level. The building's single-tenant occupancy simplifies management and provides a stable income stream. The property is zoned NS2, offering flexibility for a variety of retail uses. Its prime location in Milwaukee offers excellent visibility and accessibility for customers. The 2013 renovation ensures the building is in excellent condition, minimizing immediate capital expenditure needs for the new owner. This is an ideal opportunity for an investor seeking a well-maintained, single-tenant retail property in a desirable Milwaukee location. The building's solid construction and recent renovations promise long-term value and stability. The single-story design provides ease of access and efficient use of space. The NS2 zoning designation allows for a range of retail possibilities, making this property adaptable to various business models. This is a rare opportunity to acquire a well-established and profitable retail space in a thriving Milwaukee neighborhood. Serious inquiries are encouraged to explore this exceptional investment opportunity further.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1950
Total area 7,360 SF
Lot 0.33 ac (14,400 SF)
Zoning code NS2
APN 292-0509-000
UPID US92-0852030

Cap rate & NOI

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

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$545k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$515k

Owner & transaction history

since 2022
Last sale
$425,000
7 recorded transactions
2022
$425,000
2014
$721,700
2011
$467,800
2010
Price N/A
2004
$240,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

NS2 · Milwaukee, WI
Zoning description

1. NEIGHBORHOOD SHOPPING DISTRICTS (NS1-NS2). These districts provide for residential uses as well as commercial uses that serve the neighborhood. Such commercial uses are necessary to satisfy basic shopping and service…

General category COMMERCIAL

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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