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Property profile & analytics
OFF-MARKET Estimated value $1,660,000
Office buildings

180 Grange Ave Milwaukee, WI 53207-6030

32,884 SF 2.84 ac lot Built 1985
Entity Owned Absentee Owner ~ Est. High Equity
Property ID
US92-0109524
Property summary
AI-generated overview

This exceptional 32,884 square foot medical office building, situated on a 2.845-acre lot in Milwaukee, Wisconsin, presents a compelling investment opportunity. Built in 1983 and renovated in 2004, the single-story structure boasts a highly functional layout. The first floor features a welcoming lobby, reception area with skylight, 18 offices, four conference rooms, two large open team areas, two coffee stations, a break room, three restrooms, a copy/mail room, janitorial closet, tele-data room, and a recently serviced elevator. The fully built-out lower level includes a lobby, 16 offices, three conference rooms, two large classrooms, 12 storage rooms, four electrical rooms, a data room, elevator equipment room, five restrooms, and a break room. The property includes two large paved parking lots with secure fencing, accommodating 202 vehicles. A potential loading area could be added to the west side. The building benefits from convenient access to I-41/I-94 via Airport Spur, offering excellent visibility. The LB-1 zoning allows for diverse uses, and the property is easily divisible for multi-tenant occupancy. On-site amenities include a backup generator and ample signage opportunities. The asking price is $1,200,000. APN: 641-9990-111.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1985
Total area 32,884 SF
Lot 2.84 ac (123,928 SF)
Zoning code LB1
APN 641-9990-111
UPID US92-0109524
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
Current use
Occupant on record · Public records
  • Aurora Health Care Home Health Care Service
  • Bari Naveed MD Physician
  • Dr. David A. Rein, MD Physician
  • Dichter Jeffrey R MD Physician
  • Karter Towing Services LLC Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.28M
Blend (final) Blend
$1.66M
Owner & transaction history
Sikh Center Of Wisconsin INC
Sikh Center Of Wisconsin INC
since 2025
Last sale
$1.3M
6 recorded transactions
2025
$1.3M
2016
Price N/A
2006
Price N/A
2005
$3.2M
2005
$6.2M
1969
Price N/A
Zoning & alternative use
LB1 · Milwaukee, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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