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Property profile & analytics
FOR LEASE
Office buildings

11000 W Lake Park Dr Milwaukee, WI 53224

238,191 SF 54.57 ac lot Built 1996
Entity Owned Absentee Owner Free & Clear
Property ID
US92-1077487
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 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.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1996
Total area 238,191 SF
Lot 54.57 ac (2,376,939 SF)
Zoning code PD
APN 077-0131-000
UPID US92-1077487
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • FIS Test Lab Medical Laboratory
  • FIS Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$15.26M
Blend (final) Blend
$11.91M
Owner & transaction history
Lake Park Six LLC
Lake Park Six LLC
since 2026
Last sale
$11.2M
2 recorded transactions
2026
$2.7M
2025
$11.2M
Zoning & alternative use
PD · Milwaukee, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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