Property summary
This exceptional 40,020-square-foot medical office building presents a compelling investment opportunity in Milwaukee, Wisconsin. Located at 11301 W Lake Park Dr, 53224, this single-story building, constructed in 1987, sits on a substantial 6.65-acre lot, offering significant potential for future expansion. The property is zoned PD and features a spacious, naturally lit open floor plan, ideal for a variety of medical or flex uses. The building boasts eight private offices, three conference rooms, and a convenient breakroom. Logistics are streamlined with one loading dock and one drive-in door. Ample parking is provided with approximately 232 spaces. The asking price is $1,750,000, translating to $43.73 per square foot. This property is currently vacant, presenting a blank canvas for a discerning buyer to customize and develop. Its prime location just east of highways 41/145 provides excellent accessibility and visibility. The property's size and features make it an attractive option for a variety of medical or flexible office uses. The large lot size and ample parking further enhance its appeal. The Milwaukee County location and convenient highway access add to the overall desirability of this investment opportunity. The APN is 077-0082-000.
Property profile
VerifiedCap rate & NOI
Current use
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Business To Business Service
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Association / Organization
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High School
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Counselor
Location
Value estimations
Owner & transaction history
Zoning & alternative use
295-907. Planned Development District (PD/DPD). 1. PURPOSES. The planned development district is intended to: a. Allow flexibility in land development. b. Promote creativity, variety and environmental sensitivity. c. Enc…
Comparables
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
PD · Milwaukee, WI295-907. Planned Development District (PD/DPD). 1. PURPOSES. The planned development district is intended to: a. Allow flexibility in land development. b. Promote creativity, variety and environmental sensitivity. c. Enc…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
295-907. Planned Development District (PD/DPD). 1. PURPOSES. The planned development district is intended to: a. Allow flexibility in land development. b. Promote creativity, variety and environmental sensitivity. c. Enc…
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