200 Jefferson St Milwaukee, WI 53202
- Office buildings
- 12,612 SF
- 0.28 lot acres
Current Use by Public Records
- 7Summits, an IBM Company / Consultant
Property Details for 200 Jefferson St
- Year built
- 1967
- Lot size
- 0.28 lot acres
- Property size
- 12,612 SF
- Zone code
- C9G
- Property type
- Office buildings
- APN
- 392-1150-100
- APU
- 3921150100
Description
This exceptional 12,333-square-foot, two-story office building is situated in the vibrant Third Ward of Milwaukee County. Currently configured as a single-tenant space, it offers a unique opportunity for a business seeking a substantial and stylish headquarters. The building boasts a nearly identical layout on both levels, featuring an open concept design with custom sliding partition walls for flexible workspace configurations. Each floor includes a full kitchen, adding to the convenience and comfort of the space. A striking living moss wall adds a unique aesthetic touch, complementing the exposed brick walls and modern glass conference rooms. Ample parking is provided with 13 underground stalls (added in 2016) and 4 additional surface stalls located along the building's east side alley. The lower level also offers dedicated storage space and a conferencing room. The building's prominent location allows for monument signage, enhancing visibility and brand recognition. Furthermore, the property presents the potential for conversion into a multi-tenant configuration, offering future flexibility and expansion opportunities. Furniture and existing cabling are potentially available for a turnkey move-in experience. This is a rare opportunity to acquire a distinctive and well-appointed office space in a highly sought-after Milwaukee location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $3,205,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $3,200,000
- 6.5%
- $3,300,000
- 7%
- $3,545,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $3,225,000
- Geo Method
- $2,825,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,985,000
- Retail
- $2,895,000
- Mixed-Use
- $3,270,000
- Hospitality
- $2,640,000
- Educational
- $3,260,000
- Residential Income
- $2,830,000
- Energy
- $2,570,000
- Income-Based Land
- $3,225,000
- Food Service
- $2,610,000
Location Insight
- Map
- Local Demand
- City
- Milwaukee
- County
- Milwaukee
- State
- Wisconsin
- Longitude
- -87.9043
- Latitude
- 43.0331
- CBSA code
- 33340
- CBSA name
- MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA
