11000 Lk Park Dr Milwaukee, WI 53224-3003
- Office buildings
- 238,191 SF
- 54.57 lot acres
Current Use by Public Records
- FIS Test Lab / Medical Laboratory
- FIS / Financial Consultant / Atm
Property Details for 11000 Lk Park Dr
- Year built
- 1996
- Lot size
- 54.57 lot acres
- Property size
- 238,191 SF
- Zone code
- PD
- Property type
- Office buildings
- APN
- 077-0131-000
- APU
- 770131000
Description
This exceptional executive office building, located at 11000 W Lake Park Drive in Milwaukee, Wisconsin, presents a significant investment opportunity. Spanning 238,129 square feet on an expansive 81.705-acre lot (APN: 0770131000 & 0770132000), this property offers significant potential for future expansion and development. The building, constructed in 1996 and zoned PD Planned Development, boasts numerous recent upgrades, enhancing its functionality and appeal. These improvements include LED lighting (interior and exterior), new carpeting throughout, six new HVAC rooftop units, a new 600 kW generator, and updated boilers. The asking price is $14,500,000, translating to a price per square foot of $60.89. Strategically situated within the 300+ acre Park Place Office Park, this property enjoys convenient access to I-41/Highway 45 (approximately one mile away), and a wealth of nearby amenities, including hotels, restaurants, grocery stores, and other retail establishments. This high-end headquarters facility offers a unique blend of modern upgrades, ample space, and a prime location within a thriving business park, making it an attractive proposition for discerning investors. The property's size and zoning provide flexibility for future development, further enhancing its long-term value.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Milwaukee
- County
- Milwaukee
- State
- Wisconsin
- Longitude
- -88.0479
- Latitude
- 43.1604
- CBSA code
- 33340
- CBSA name
- MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA
