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    Property profile & analytics

    2448 102 St West Allis, WI 53227

    • Commercial real estate
    • 2.90 lot acres
    For Lease
    View listing
    Value Estimation
    $2,880,000
    Last Sale
    Sep 21, 2020
    $2,425,000
    Location Intelligence
    Property ID
    US92-0588983
    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

    • Commercial Lending West Allis WI / Mortgage Lender
    • Healthy Connections LLC / Mental Health Clinic
    • Jane E. Nee, PT / Physical Therapist / Physical Therapy Clinic
    • Eileen Schmid, Cota / Physical Therapist / Occupational Therapist
    • My Resort Connections / Resort Hotel

    Property Details for 2448 102 St

    Lot size
    2.90 lot acres
    Property type
    Commercial real estate
    APN
    485-9996-017
    APU
    4859996017

    Description

    Lincoln Center I, located at 2448 S 102nd St in West Allis, Wisconsin, 53227, offers a prime office opportunity. This three-story, 1981-built traditional office building provides up to 40,000 square feet of flexible space, with individual suites ranging from 664 to 17,159 square feet. Currently, eight spaces are available for lease. The building features a stylishly updated lobby and common area corridors, enhancing the modern comfort for tenants. Anchor tenants benefit from prominent on-building signage for increased visibility. A unique opportunity exists to lease the entire second and/or third floors. The property boasts convenient access to I-41/I-894 via the West National Avenue interchange, providing easy commuting. Ample on-site parking is available, and the building is within walking distance of several Milwaukee County Transit System bus stops. This single-building complex offers multiple tenancy options, and elevators are available for convenient access to all floors.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $3,350,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,505,000
      6.5%
      $2,410,000
      7%
      $2,605,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,565,000
      Geo Method
      $2,175,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,315,000
      Retail
      $2,325,000
      Mixed-Use
      $2,850,000
      Hospitality
      $2,260,000
      Educational
      $2,610,000
      Residential Income
      $2,790,000
      Energy
      $2,250,000
      Income-Based Land
      $2,625,000
      Food Service
      $2,055,000

    Location Insight

    • Map
    • Local Demand
    City
    West Allis
    County
    Milwaukee
    State
    Wisconsin
    Longitude
    -88.0409
    Latitude
    42.9994
    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
    $101,806
    $1,036,400
    $2,571,700
    $3,608,100
    -
    $0.00
    $0.00
    $5,026,000

    Comparable in this City

    • Value Estimation by Request
      0.73 Acres

      9400 Lincoln Ave

      COMMERCIAL (GENERAL) • 0.73 Acres
      9400 Lincoln Ave, West Allis, WI 53227-2370
      View Details
    • Value Estimation by Request
      6.11 Acres

      10200 Arthur Ave

      COMMERCIAL (GENERAL) • 6.11 Acres
      10200 Arthur Ave, West Allis, WI 53227-2005
      View Details
    • Value Estimation by Request
      2.20 Acres

      2323 102nd St

      COMMERCIAL (GENERAL) • 2.20 Acres
      2323 102nd St, West Allis, WI 53227-2103
      View Details
    • Value Estimation by Request
      3.92 Acres

      3223 103rd St

      COMMERCIAL (GENERAL) • 3.92 Acres
      3223 103rd St, Milwaukee, WI 53227-4103
      View Details
    • Value Estimation by Request
      5.31 Acres

      3365 103rd St

      COMMERCIAL (GENERAL) • 5.31 Acres
      3365 103rd St, Milwaukee, WI 53227-4161
      View Details
    • Value Estimation by Request
      7.70 Acres

      3450 108th St

      COMMERCIAL (GENERAL) • 7.70 Acres
      3450 108th St, Milwaukee, WI 53227-4026
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1.10 Acres

      West Allis Commercial Land Opportunity

      1.1-Acre Pad-Ready Development Site
      0 I-894, West Allis, WI 53227
      View Details
    • $2,150,000
      21,584 SF

      Prime Greenfield Church - $2.15M

      Spacious 2-story church, ideal for religious use.
      3131 100Th St, Milwaukee, WI 53227
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    • $399,900
      2,366 SF

      Equipped Dental Practice Ready

      Fully equipped dental practice in a dense residential neighborhood.
      8801 W National Ave, West Allis, WI 53227
      View Details
    • $1,975,000
      10,000 SF

      Prime West Allis Office Building

      Executive Suites, High Visibility, I-41 Access
      2400 102 St, West Allis, WI 53227
      View Details
    • Contact for pricing
      14 SF

      Retail Space in West Allis

      Retail space available in a busy West Allis shopping center.
      2905-2929 S 108Th St West Allis, Milwaukee, WI 53227
      View Details
    • $1,475,000
      15,795 SF

      West Allis Retail Center - $1.475M

      15,795 SF Retail/Office Space, Ample Parking
      2363 102 St, West Allis, WI 53227
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      42,745 SF

      Lincoln Center I Office Space

      West Allis, WI Office Building - 8 Suites Available
      2448 102 St, West Allis, WI 53227
      View Details
    • $12 SF/Yr
      26,900 SF

      Lincoln Ave Office Building

      West Allis medical office space available
      10401 Lincoln Ave, West Allis, WI 53227
      View Details
    • Contact for pricing
      21,828 SF

      Milwaukee Flex/Industrial Space

      Modern Flex Space, Multiple Units Available
      3442 103Rd St, Milwaukee, WI 53227
      View Details
    • $9 SF/Yr
      5,765 SF

      West Allis Office Space Available

      Flexible Workspace Solutions in WI
      10150 National Ave, West Allis, WI 53227
      View Details
    • $15 SF/Yr
      12,300 SF

      West Allis Retail Center - 12,300 SF

      High-traffic retail space, 1,000 SF available.
      2705-2727 108 St, West Allis, WI 53227
      View Details
    • $19 SF/Yr
      63,537 SF

      Lincoln Center II Executive Suites

      West Allis Office Space For Lease
      2514 102 St, West Allis, WI 53227
      View Details
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    2448 102 St
    West Allis, WI 53227
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    Realmo Value Estimation

    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.

    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.

    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
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