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1168 N 50th Pl 12,476 SF Industrial Building Milwaukee, WI 53208 $639,000 ($51.22/SF) 6.95% Cap Rate
Executive Summary
The property is a 12,476 SF industrial building in lease until 10/31/26. It has a single use tenant. The Building was originally a location for a Cabinetry Company.
Property Facts Under Contract
| Price | $639,000 | Rentable Building Area | 12,476 SF |
| Price Per SF | $51.22 | No. Stories | 1 |
| Sale Type | Investment NNN | Year Built | 1959 |
| Cap Rate | 6.95% | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 0.4/1,000 SF |
| Property Subtype | Manufacturing | No. Dock-High Doors/Loading | 4 |
| Building Class | C | No. Drive In / Grade-Level Doors | 2 |
| Lot Size | 0.33 AC | ||
| Zoning | MB85 - IL2 - Light Industrial | ||
| Price | $639,000 |
| Price Per SF | $51.22 |
| Sale Type | Investment NNN |
| Cap Rate | 6.95% |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 0.33 AC |
| Rentable Building Area | 12,476 SF |
| No. Stories | 1 |
| Year Built | 1959 |
| Tenancy | Single |
| Parking Ratio | 0.4/1,000 SF |
| No. Dock-High Doors/Loading | 4 |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | MB85 - IL2 - Light Industrial |
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Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
40/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 386-0901-000-X | Improvements Assessment | $477,900 |
| Land Assessment | $21,700 | Total Assessment | $499,600 |
Property Taxes
Parcel Number
386-0901-000-X
Land Assessment
$21,700
Improvements Assessment
$477,900
Total Assessment
$499,600
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1168 N 50th Pl