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Property profile

1221 Water St 1227 Milwaukee, WI 53202

OFF-MARKET
Bars & Pubs
Property ID
US92-1081620
10,535 SF 0.19 ac lot Built 1925
Last sale Jun 2022 · $1,700,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$35k
Tax billed · 2022
Assessed value$1.47M
Assessed land$422k
Assessed improvement$1.05M
Effective rate2.38%

Value estimate

· Oct 2026
$2.06M
$1.85M – $2.27M
AI approach$2.03M
Submarket $/SF estimate$1.28M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$127/SF
Submarket average, outlier-cleaned · 157 recorded sales of this use type
Observed band · Q1–Q3$66 – $212

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?
RED
The RED redevelopment district is established to provide a zoning context that may be applied to areas of the city where the common counc...
General categoryUNKNOWN
JurisdictionMILWAUKEE

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply31.8
Auto Parts Store26.6
Wholesale Shop19.1

Location

1221 Water St, Unit 1227 Milwaukee, WI 53202-2505
County assessor Recorded deeds · 1 transfer 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1609 En, Milwaukee, WI 53202-1039 $2,025,000 May 2025 6,438 SF
320 Buffalo St, Milwaukee, WI 53202-5875 $13,000,000 Mar 2025 18,232 SF
2009 Kenilworth, Milwaukee, WI 53202-1376 $1,560,000 Mar 2024 11,501 SF
1816 Farwell, Milwaukee, WI 53202-1708 $2,000,000 Nov 2023 15,900 SF
1930 En, Milwaukee, WI 53202-1126 $3,550,000 May 2022 10,708 SF
1758 Water, Milwaukee, WI 53202-1552 $985,000 Jan 2022 6,184 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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