1428 Farwell Ave Milwaukee, WI 53202-2968
Property profile & analytics
1428 Farwell Ave, Milwaukee, WI 53202-2968
- Office buildings
- 10,504 SF
- 0.14 lot acres
Property ID
US92-0936576
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Affiliated Medical Services / Family Planning Center / Women'S Health Clinic
- Joanne Kennedy Coffman / Physician
- Smith Bernard MD / Family Planning Center
- Mary Simon / Alternative Medicine Practice
- Dr. Stewart M. Kernes, DO / Physician
Property Details for 1428 Farwell Ave
- Year built
- 1914
- Lot size
- 0.14 lot acres
- Zone code
- LB2
- Property type
- Office buildings
- APN
- 359-0196-000
- APU
- 3590196000
Description
This exceptional 10,504-square-foot retail storefront, located at 1428 N Farwell Ave in Milwaukee, Wisconsin, presents a unique investment opportunity. Built in 1914 and renovated in 2020, this two-story building sits on a 0.14-acre lot (APN 3590196000) and boasts a rich history. Currently configured as three separate spaces with individual entrances, the property previously served as a medical facility, with much of the original infrastructure still in place. Two additional units are suitable for office use. The building's original character and architecture, including its origins as a turn-of-the-century auditorium, have been meticulously preserved. Zoned LB2, this property offers immense potential for a variety of uses. Its prime location in Milwaukee's desirable Farwell corridor is further enhanced by its proximity to one of the few gas stations on the east side. The asking price is $1,000,000, translating to $95.20 per square foot. This is a rare chance to acquire a landmark property in a thriving area. The building consists of one structure with two units.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,025,000
- ML approach
- $1,015,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $647,000
Market price range: $531k - $1.56M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $975,000 Current use
- COMMERCIAL (GENERAL)
- $1,370,000 Change: +40% Conversion: Easy
- RESTAURANT
- $1,335,000 Change: +37% Conversion: Moderate
- AUTO REPAIR, GARAGE
- $1,255,000 Change: +28% Conversion: Difficult
- MEDICAL BUILDING
- $1,080,000 Change: +11% Conversion: Easy
- NEIGHBORHOOD: SHOPPING CENTER
- $975,000 Change: +0% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Milwaukee
- County
- Milwaukee
- State
- Wisconsin
- Longitude
- -87.8962
- Latitude
- 43.0485
- CBSA code
- 33340
- CBSA name
- MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$13,938
$187,900
$397,500
$585,400
-
$187,900
$397,500
$585,400
