Technical
Financial
Distress signals
Property profile

180 Grange Ave Milwaukee, WI 53207

OFF-MARKET
Office buildings
Property ID
US92-0109524
32,884 SF 2.84 ac lot Built 1985
Entity Owned Absentee Owner ~ Est. High Equity
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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

Current use

Occupant on record · Public records
  • Home Health Care Service
  • Physician
  • Physician
  • Physician
  • Auto Repair Shop

Location

180 Grange Ave Milwaukee, WI 53207-6030
Milwaukee metro Census 21600 MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA
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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

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
Zoning description

2. LOCAL BUSINESS DISTRICTS (LB1-LB3). These districts provide a wide range of goods and services to a large consumer population coming from an extensive area. Within these districts, motor-vehicle- related activities ar…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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