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Financial
Distress signals
Property profile

11000 W Lake Park Dr Milwaukee, WI 53224

FOR LEASE
Office buildings
Property ID
US92-1077487
238,191 SF 54.57 ac lot Built 1996
Last sale Mar 2026 · $2,700,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

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…

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?
$329k
Tax billed · 2022
Assessed value$13.80M
Assessed land$4.20M
Assessed improvement$9.60M
Effective rate2.38%

Value estimate

· Oct 2026
$11.91M
$10.72M – $13.10M
Submarket $/SF estimate$15.26M
NOI build-up
Gross scheduled income$4.72M
Vacancy & credit loss−$1.09M
Operating expenses−$908k
NOI · 27,248,530.00% cap applied$2.72M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$79/SF
Submarket average, outlier-cleaned · 163 recorded sales of this use type
Observed band · Q1–Q3$42 – $123

Cap rate analysis

How does the asset earn?
27,248,530.00%
$2.72M estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
PD
The PD, planned development district is intended to allow flexibility in land development, promote creativity, variety and environmental ...
General categoryPLANNED_DEVELOPMENT
JurisdictionMILWAUKEE

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant17.9
Dental Office17.3
Building Supply15.5

Location

11000 W Lake Park Dr Milwaukee, WI 53224
County assessor Recorded deeds · 2 transfers 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 · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
11800 Park, Milwaukee, WI 53224-3009 $2,000,000 Nov 2023 57,332 SF
11200 Parkland, Milwaukee, WI 53224-3126 $20,828,000 Aug 2022 245,266 SF
11200 11270th W Park, Milwaukee, WI 53224-3611 $21,850,000 Aug 2022 210,744 SF
11100 Liberty, Milwaukee, WI 53224-3626 $19,700,000 May 2021 88,259 SF
7800 113th, Milwaukee, WI 53224-3136 $19,700,000 May 2021 80,793 SF
11900 Lk Park, Milwaukee, WI 53224-3013 $537,600 Sep 2020 36,542 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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