Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    9710 58th St Franklin, WI 53132-9107

    • Industrial properties
    • 1.45 lot acres
    OFF-MARKET
    Last Sale
    Mar 07, 2025
    $1,375,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US92-1003231
    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.

    Current Use by Public Records

    • Industrial properties

    Property Details for 9710 58th St

    Lot size
    1.45 lot acres
    Property type
    Industrial properties
    APN
    899-9990-034
    APU
    8999990034

    Description

    This exceptional 18,320-square-foot industrial property, located at 9710 S. 58th Street in Franklin, Wisconsin, presents a rare opportunity. The building, constructed in 1978, sits on a 1.435-acre lot and boasts a desirable M-1 zoning. The warehouse space totals approximately 16,020 square feet, featuring 15-foot ceilings, two dock-high doors, and air lines throughout. Convenient drive-in access points include one 16' x 14' and one 7'11" x 10' door. The building also includes approximately 2,300 square feet of office space distributed across two floors. The first floor offers showroom space, a kitchen, and two restrooms, while the second floor provides additional showroom area and three private offices. Ample parking is available. The property benefits from a strategic location within the Franklin Industrial Park, providing easy access to I-94 via Ryan Road. Three-phase power is available (buyer to verify). This hard-to-find stand-alone building is priced at $1,670,000, or $91.16 per square foot. The APN is 8999990034.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Franklin
    County
    Milwaukee
    State
    Wisconsin
    Longitude
    -87.9879
    Latitude
    42.8687
    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
    $12,139
    $135,100
    $583,300
    $718,400
    -
    $0.00
    $0.00
    $739,300

    Comparable in this City

    • Value Estimation
      $345,000
      1.50 Acres

      5801 Airways Ave

      INDUSTRIAL (GENERAL) • 1.50 Acres
      5801 Airways Ave, Franklin, WI 53132-9111
      View Details
    • Value Estimation
      $520,000
      4.02 Acres

      9680 Oakwood Park Dr

      INDUSTRIAL (GENERAL) • 4.02 Acres
      9680 Oakwood Park Dr, Franklin, WI 53132-8678
      View Details
    • Value Estimation
      $365,000
      3.86 Acres

      9640 Oakwood Park Dr

      INDUSTRIAL (GENERAL) • 3.86 Acres
      9640 Oakwood Park Dr, Franklin, WI 53132-8678
      View Details
    • Value Estimation
      $390,000
      44.96 Acres

      5713 Rawson Ave

      INDUSTRIAL (GENERAL) • 44.96 Acres
      5713 Rawson Ave, Franklin, WI 53132-9279
      View Details
    • Value Estimation
      $495,000
      2.21 Acres

      10020 54th St

      INDUSTRIAL (GENERAL) • 2.21 Acres
      10020 54th St, Franklin, WI 53132-7611
      View Details
    • Value Estimation
      $500,000
      18.02 Acres

      9600 58th St

      INDUSTRIAL (GENERAL) • 18.02 Acres
      9600 58th St, Franklin, WI 53132-9107
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      5.00 Acres

      Franklin Industrial Land - 5-20 Acres

      Prime industrial land near I-94. Excellent location & utilities.
      3548 County Line Rd, Franklin, WI 53132
      View Details
    • $1,500,000
      13.00 Acres

      Franklin Commercial Parcel with Truck Parking

      13-acre commercial parcel with truck parking permit in Franklin.
      5732 W Rawson Ave, Franklin, WI 53132
      View Details
    • $4,749,000
      31,318 SF

      Industrial/Manufacturing Facility with Expansion Potential

      31,318 SF industrial/manufacturing facility on 5.94 acres for sale.
      9980 S Oakwood Park Dr, Franklin, WI 53132
      View Details
    • $750,000
      4,500 SF

      Mixed-Use Building with Residential House

      Mixed-use building with warehouse, office, and a residential house.
      9438 S 29Th St, Franklin, WI 53132
      View Details
    • $682,479

      Land For Sale Franklin

      Land available in Franklin Business Park.
      S 52Nd St, Franklin, WI 53132
      View Details
    • $299,000
      1,035 SF

      Franklin Office Space For Sale

      Office space for sale with high visibility and easy access.
      2820 W Ryan Rd, Franklin, WI 53132
      View Details

    Similar Nearby for Lease

    • $16 SF/Yr
      16,880 SF

      Franklin Executive Office/Flex Space

      Modern Franklin Office, Flexible Suites Available
      11217 Forest Home Ave, Franklin, WI 53132
      View Details
    • Contact for pricing
      5,400 SF

      Warehouse and Office Space Available

      Office and warehouse space featuring dock and drive-in access.
      5050-5080 W Ashland Way, Franklin, WI 53132
      View Details
    • $228 SF/Yr
      4,550 SF

      Franklin Flex Space: Modern Warehouse Units

      Flexible office, warehouse & flex space
      9924 Monarch Dr, Franklin, WI 53132
      View Details
    • $8 SF/Yr
      54,435 SF

      Franklin Flex Space For Lease

      Modern flex space, 8,617 SF available.
      9750 Oakwood Park Dr, Franklin, WI 53132
      View Details
    • Contact for pricing
      44,242 SF

      Franklin Business Park Industrial Space

      Industrial space in Franklin Business Park with convenient highway access.
      9705 S Oakwood Park Dr, Franklin, WI 53132
      View Details
    • $12 SF/Yr
      3,795 SF

      Office with Warehouse Access

      Office space with direct warehouse access, near I-94.
      3240 W Elm Rd, Franklin, WI 53132
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    9710 58th St
    Franklin, WI 53132-9107
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.