Financial
Distress signals
Property profile

1117 S 2Nd St Milwaukee, WI 53204

FOR LEASE
Warehouses
Property ID
US92-0431579
8,800 SF 0.15 ac lot Built 1889
Last sale May 2022
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This Milwaukee County light industrial property, located at 1117 S 2nd Street, offers 13,020 square feet of manufacturing space. Currently, 4,500 square feet is available for lease. The building features a desirable 18-foot ceiling height, providing ample vertical space for various industrial operations. Three convenient drive-in doors ensure efficient loading and unloading of materials. The property boasts robust electrical service with 120/208 3-phase 400 amp power, suitable for

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$5k
Tax billed · 2023
Assessed value$226k
Assessed land$39k
Assessed improvement$187k
Effective rate2.38%

Value estimate

· Sep 2026
$340k
$306k – $374k
AI approach$340k
NOI build-up
Gross scheduled income$25k
Vacancy & credit loss−$1k
Operating expenses−$7k
NOI · 163,860.00% cap applied$16k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$54/SF
Submarket average, outlier-cleaned · 217 recorded sales of this use type
Observed band · Q1–Q3$24 – $83
Qualifying comparables5

Cap rate analysis

How does the asset earn?
163,860.00%
$16k 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?
IM
Industrial-Mixed IM none 8 Industrial-Heavy IH I/A125 and I/B/85 8 Special Districts and Overlay Zones Parks PK none 9 Institutional TL a...
General categoryINDUSTRIAL
JurisdictionMILWAUKEE

Location intelligence

Which uses thrive at this corner?
Best fit: Electrical Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Electrical Service9.4
HVAC Service8.7
Butcher8.4

Location

1117 S 2Nd St Milwaukee, WI 53204
County assessor Recorded deeds · 2 transfers 5 qualifying comp sales 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 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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