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Property profile & analytics

740 Plankinton Ave Milwaukee, WI 53203

  • Office buildings
  • 81,865 SF
  • 0.79 lot acres
Value Estimation
$7,145,000
Last Sale
May 12, 2021
$5,833,400
Location Intelligence
Property ID
US92-0336431
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

  • Leib & Katt, LLC / Insurance Attorney / Trial Attorney
  • Integrated Time Systems / Software Company
  • Milwaukee Mustangs / Club
  • Gregory E. Erchull, Attorney at Law / Attorney / Real Estate Attorney
  • Douglas F. Mann – Attorney at Law / Attorney / Bankruptcy Attorney

Property Details for 740 Plankinton Ave

Year built
1912
Lot size
0.79 lot acres
Property size
81,865 SF
Zone code
C9E
Property type
Office buildings
APN
392-2431-000
APU
3922431000

Description

This exceptional Milwaukee commercial property, located at 740 N Plankinton Avenue, offers a unique blend of historic charm and modern functionality. The eight-story building, constructed in 1912, boasts a total of 81,000 square feet of space, currently featuring multiple tenants. A significant opportunity exists with 17,200 square feet of vacant space available, divisible into units as small as 6,700 square feet, with a maximum contiguous space of 10,500 square feet. Ideal for a variety of retail or restaurant uses, the property's location in Milwaukee County, Wisconsin, provides excellent visibility and accessibility. The building's prime location offers the added benefit of a riverfront patio, perfect for outdoor dining or events. This is a rare chance to secure a substantial space in a highly desirable downtown Milwaukee location, within a building rich in history and character. The available space is adaptable to suit a range of business needs, making it an attractive investment for both established businesses and new ventures. The address is 740 N Plankinton Ave, Milwaukee, WI 53203. This property presents a compelling opportunity to establish a thriving business in a vibrant urban setting. The building's size and layout offer flexibility for various configurations, catering to diverse business requirements. Don't miss this chance to secure a prominent presence in Milwaukee's dynamic commercial landscape.

Value Estimation

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

    CAP return
    Estimation
    Estimation
    $7,585,000
  • CAP approach

    CAP return
    Estimation
    6%
    $5,545,000
    6.5%
    $5,660,000
    7%
    $6,290,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $5,415,000
    Geo Method
    $6,305,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $6,155,000
    Retail
    $6,520,000
    Mixed-Use
    $5,685,000
    Hospitality
    $5,155,000
    Educational
    $5,215,000
    Residential Income
    $5,770,000
    Energy
    $6,705,000
    Income-Based Land
    $5,295,000
    Food Service
    $6,440,000

Location Insight

  • Map
  • Local Demand
City
Milwaukee
County
Milwaukee
State
Wisconsin
Longitude
-87.9117
Latitude
43.0399
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
$137,562
$3,116,400
$2,661,100
$5,777,500
-
$3,116,400
$2,661,100
$5,777,500
More about this property
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