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Property profile & analytics

247 Fresh Water Way Milwaukee, WI 53204

  • Warehouses
  • 98,035 SF
  • 0.38 lot acres
Value Estimation
$13,885,000
Last Sale
Nov 11, 2022
$11,900,000
Location Intelligence
Property ID
US92-0739515
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

  • Solar Water Works / Water Treatment Plant
  • The Greater Milwaukee Committee / Non-Profit Organization
  • Beckhoff Automation LLC / Automation Company / Electronics Manufacturer
  • Global Water Center by The Water Council / Business Center
  • TIMESHEET TAPHAUSE / Bar

Property Details for 247 Fresh Water Way

Year built
1904
Lot size
0.38 lot acres
Property size
98,035 SF
Zone code
IM
Property type
Warehouses
APN
428-0293-000
APU
4280293000

Description

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 immediate occupancy. The building is ideal for companies seeking a collaborative and inspiring workspace. With multiple tenancy options, this location caters to diverse business needs. Convenient parking is available with 150 spaces provided on-site. The property's address is 247 W Freshwater Way, Milwaukee, WI 53204. This prime location offers easy access to various amenities and transportation options within the Milwaukee area. The building's design caters to both traditional office needs and the modern requirements of creative industries. Inquire today about leasing opportunities to secure your ideal workspace in this dynamic Milwaukee location.

Value Estimation

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

    CAP return
    Estimation
    Estimation
    $14,405,000
  • CAP approach

    CAP return
    Estimation
    6%
    $10,910,000
    6.5%
    $12,555,000
    7%
    $12,320,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $12,850,000
    Geo Method
    $12,905,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $10,185,000
    Retail
    $11,160,000
    Mixed-Use
    $10,620,000
    Hospitality
    $11,460,000
    Educational
    $13,815,000
    Residential Income
    $13,635,000
    Energy
    $11,945,000
    Income-Based Land
    $10,225,000
    Food Service
    $11,465,000

Location Insight

  • Map
  • Local Demand
City
Milwaukee
County
Milwaukee
State
Wisconsin
Longitude
-87.9136
Latitude
43.0291
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
$330,880
$131,000
$13,765,700
$13,896,700
-
$131,000
$13,765,700
$13,896,700
More about this property
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