Financial
Distress signals
Property profile

247 Freshwater Way Milwaukee, WI 53204

OFF-MARKET
Warehouses
Property ID
US92-0739515
98,035 SF 0.38 ac lot Built 1904
Last sale Nov 2022 · $11,900,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This vibrant Milwaukee office space at 247 W Freshwater Way offers a unique blend of coworking and creative office environments. Located in Milwaukee County, WI, 53204, this property boasts a total of 86,156 square feet, providing ample space for businesses of all sizes. The building offers flexible lease options with spaces ranging from a minimum of 134 square feet to a maximum contiguous space of 15,107 square feet. Currently, there are 2,682 square feet of vacant space available for…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$331k
Tax billed · 2022
Assessed value$13.90M
Assessed land$131k
Assessed improvement$13.77M
Effective rate2.38%

Value estimate

· Sep 2026
$14.41M
$12.96M – $15.85M
AI approach$9.98M
CAP approach$6.67M
Submarket $/SF estimate$8.11M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$54/SF
Submarket average, outlier-cleaned · 217 recorded sales of this use type
Observed band · Q1–Q3$24 – $83

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
IM
Industrial-Mixed IM none 8 Industrial-Heavy IH I/A125 and I/B/85 8 Special Districts and Overlay Zones Parks PK none 9 Institutional TL a...
General categoryINDUSTRIAL
JurisdictionMILWAUKEE

Location intelligence

Which uses thrive at this corner?
Best fit: Locksmith
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Locksmith9.0
Butcher8.3
Laundromat8.1

Location

247 Freshwater Way Milwaukee, WI 53204-4117
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1570 1574th S 1st, Milwaukee, WI 53204 $6,513,000 Feb 2023 78,400 SF
913 Bruce, Milwaukee, WI 53204-1320 $440,000 Sep 2021 32,508 SF
1512 Pierce, Milwaukee, WI 53204-1235 $619,000 Oct 2020 71,118 SF
1230 Bruce, Milwaukee, WI 53204 $843,100 Jan 2020 44,364 SF
100 110th S 2nd, Milwaukee, WI 53204-4309 $300,000 Apr 2019 71,510 SF
318 Water, Milwaukee, WI 53204-1453 $3,250,000 Dec 2018 128,073 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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