8008 W Brown Deer Rd Milwaukee, WI 53223
Property profile & analytics
8008 W Brown Deer Rd Milwaukee, WI 53223
- Retail space
- 16,709 SF
- 1.55 lot acres
Property ID
US92-0113775
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Retail space
Property Details for 8008 W Brown Deer Rd
- Year built
- 1995
- Lot size
- 1.55 lot acres
- Property size
- 16,709 SF
- Zone code
- RB1
- Property type
- Retail space
- APN
- 032-0143-100
- APU
- 320143100
Description
This exceptional 16,709 square foot free-standing retail building, located at 8008 W Brown Deer Rd in Milwaukee, WI, presents a compelling investment opportunity. Currently leased to The Salvation Army, this property boasts a highly visible corner location at the signalized intersection of Brown Deer Road, North 76th Street, and I-41, ensuring substantial traffic exposure. The building features pylon signage, further enhancing its visibility. Situated within a thriving commercial area, it benefits from proximity to major national retailers including Walgreens, Walmart, McDonald's, Menard's, Aldi, and Enterprise Rent-A-Car. The property sits on a 67,518 square foot lot and is zoned RB-1. A significant demographic advantage exists, with 149,890 people residing within a five-mile radius, boasting an average annual household income of $80,000. The daily traffic count on Brown Deer Road is 28,886 vehicles. This property is designated as an Opportunity Zone property. Real estate taxes for 2021 were $38,236 (under protest). This presents a rare opportunity for both users and investors seeking a high-traffic, strategically located retail asset in a densely populated area of Milwaukee. The asking price is $1,600,000.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,323,000
- AI Estimate
- $1,111,000
Market price range: $816k - $3.08MMarket price range: $396k - $1.17M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $1,800,000 Current use
- RESTAURANT
- $2,125,000 Change: +18% Conversion: Easy
- AUTO REPAIR, GARAGE
- $1,995,000 Change: +11% Conversion: Difficult
- MEDICAL BUILDING
- $1,720,000 Change: -4% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $1,555,000 Change: -14% Conversion: Moderate
- COMMERCIAL (GENERAL)
- $1,450,000 Change: -19% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Milwaukee
- County
- Milwaukee
- State
- Wisconsin
- Longitude
- -88.0096
- Latitude
- 43.1786
- CBSA code
- 33340
- CBSA name
- MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$32,770
$405,600
$970,700
$1,376,300
-
$405,600
$970,700
$1,376,300
