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Property profile & analytics
OFF-MARKET
Commercial real estate

1693 Water St Milwaukee, WI 53202

2.66 ac lot
Property ID
US92-3416680
Property summary
AI-generated overview

This exceptional 2.66-acre parcel presents a unique opportunity for developers seeking a prime location in Milwaukee, Wisconsin. Situated at 1693 N Water St, this property boasts over 560 feet of stunning Milwaukee River frontage, offering unparalleled views of the city skyline. Its strategic location places it within easy walking distance of popular destinations such as the Milwaukee Hop streetcar system, Brady Street's vibrant entertainment district, and the heart of the Central Business District. The surrounding area has experienced significant recent growth, with thousands of new residential units constructed within a half-mile radius, creating a thriving and densely populated neighborhood. This high-demand location, combined with the expansive lot size and exceptional riverfront access, makes this property ideally suited for a variety of mixed-use developments, catering to both residential and commercial needs. The property is zoned for commercial and residential use and is listed at $6,500,000. This is a rare chance to acquire a truly exceptional development site in a rapidly growing area of Milwaukee. The property's address is 1693 N Water St, Milwaukee, WI 53202.

Property profile
Verified
Property type Commercial real estate
Lot 2.66 ac (115,870 SF)
UPID US92-3416680
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
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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