5005 W Loomis Rd | Milwaukee, WI 53220
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5005 W Loomis Rd
Milwaukee, WI 53220
Office Property For Sale
Investment Highlights
- Numerous current ingress/egress points on both Edgerton and Loomis Road along with median cuts allows for easy access in any direction.
- Heavy daily traffic counts of 25,200 make it ideal for a value-add office investor or owner occupant. Additionally, this site has great opportunity wi
- There are two lots totaling 1.5 Acres included with this transaction.
Executive Summary
Marcus & Millichap, as exclusive advisor, is pleased to offer for sale 5005 W Loomis Road. This is a +/- 10,023 sq ft Multi Tenant office building located on a busy controlled intersection in Greenfield, WI. This site is also in close proximity to freeway access in any direction. Downtown Milwaukee is a few minutes away and recent new development in the region shows the strong desire for the area. There are two lots totaling 1.5 Acres included with this transaction. Numerous current ingress/egress points on both Edgerton and Loomis Road along with median cuts allows for easy access in any direction. Heavy daily traffic counts of 25,200 make it ideal for a value-add office investor or owner occupant. Additionally, this site has great opportunity with in-place income for prime redevelopment.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Office
Property Subtype
Office/Residential
Building Size
10,023 SF
Building Class
C
Year Built
1985
Price
$1,919,700 CAD
Price Per SF
$192 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,011 SF
Building FAR
0.36
Lot Size
0.64 AC
Zoning
C1 - commercial
Parking
50 Spaces (4.99 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 647-9977-002 | Improvements Assessment | $886,586 CAD |
| Land Assessment | $355,473 CAD | Total Assessment | $1,242,059 CAD |
PROPERTY TAXES
Parcel Number
647-9977-002
Land Assessment
$355,473 CAD
Improvements Assessment
$886,586 CAD
Total Assessment
$1,242,059 CAD
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