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Property profile & analytics

2300 Cornell St Milwaukee, WI 53209

  • Manufacturing properties
  • 70,083 SF
  • 2.66 lot acres
Value Estimation
Location Intelligence
Property ID
US92-1109789
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

  • Mid America IBC / Steel Drum Supplier

Property Details for 2300 Cornell St

Year built
1948
Lot size
2.66 lot acres
Property size
70,083 SF
Zone code
IL2
Property type
Manufacturing properties
APN
231-0250-000
APU
2310250000

Description

This exceptional 70,000-square-foot industrial flex space at 2300 W Cornell St, Milwaukee, WI 53209, presents a compelling investment opportunity. Boasting a spacious 2.87-acre lot, the property offers ample room for both indoor and outdoor operations. Built in 1948 and zoned IL2, this vacant building features two dock-high doors, facilitating efficient loading and unloading. The interior boasts impressive ceiling heights ranging from 14 to 20 feet, providing versatile storage and operational capabilities. The property includes a fully fenced perimeter with a powered gate, enhancing security and control. The building is equipped with a comprehensive 100% wet sprinkler system, ensuring fire safety. Heavy, three-phase power (TBV) is available, catering to high-demand industrial applications. The asking price is $1,600,000, translating to a price per square foot of $22.86. This property's combination of size, features, and location makes it an ideal choice for a variety of industrial and flex-use businesses seeking a substantial and well-equipped space in Milwaukee. The property's outdoor storage area adds significant value, providing flexibility for expansion or specialized storage needs. This is a rare opportunity to acquire a substantial industrial property in a prime Milwaukee location.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $760,000
  • CAP approach

    CAP return
    Estimation
    6%
    $540,000
    6.5%
    $530,000
    7%
    $540,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $550,000
    Geo Method
    $555,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $625,000
    Retail
    $660,000
    Mixed-Use
    $600,000
    Hospitality
    $585,000
    Educational
    $520,000
    Residential Income
    $640,000
    Energy
    $675,000
    Income-Based Land
    $525,000
    Food Service
    $710,000

Location Insight

  • Map
  • Local Demand
City
Milwaukee
County
Milwaukee
State
Wisconsin
Longitude
-87.9408
Latitude
43.1017
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
$13,834
$104,200
$252,000
$356,200
-
$104,200
$252,000
$356,200
More about this property
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