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Financial
Distress signals
Property profile

1776 North Water St Milwaukee, WI 53202

FOR SALE
Office buildings
Property ID
US92-0400635
3,250 SF 0.11 ac lot Built 1927
Last sale Dec 2021 · $450,000
Individually Owned Owner of record is an individual. 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

1776 N Water St is a single-tenant office building containing approximately 3,250 square feet. The property has on-building signage and is situated with prominent frontage along Water Street. The surrounding area includes restaurants, apartments, and retail uses, and the building is within walking distance of the Water Street and Brady Street convenience areas. On-site parking is limited, with noted flexibility to reconfigure parking stalls into a tandem arrangement to accommodate different parking layouts.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$7k
Tax billed · 2022
Assessed value$276k
Assessed land$122k
Assessed improvement$154k
Effective rate2.42%

Value estimate

· Oct 2026
$545k
$491k – $600k
AI approach$535k
NOI build-up
Gross scheduled income$64k
Vacancy & credit loss−$15k
Operating expenses−$12k
NOI · 6.19% cap applied$37k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$93/SF
ZIP average, outlier-cleaned · 18 recorded sales of this use type
Observed band · Q1–Q3$51 – $148

Cap rate analysis

How does the asset earn?
6.19%
$37k 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: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service14.8
Convenience Store9.6
Pet Grooming Service9.6

Location

1776 North Water St Milwaukee, WI 53202
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file 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 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1547 Farwell, Milwaukee, WI 53202-2365 $465,000 Feb 2025 3,437 SF
1443 Prospect, Milwaukee, WI 53202-3017 $3,400,000 Feb 2023 8,180 SF
1610 Water, Milwaukee, WI 53202-2019 $682,000 Jan 2023 6,000 SF
1818 Water, Milwaukee, WI 53202-1540 $1,225,000 Jul 2022 4,629 SF
319 Wisconsin, Milwaukee, WI 53202 $287,600 Nov 2021 13,788 SF
200 Jefferson, Milwaukee, WI 53202-5913 $3,250,000 Jan 2020 12,612 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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