2350 Lk Dr Milwaukee, WI 53211-4528
Property profile & analytics
2350 Lk Dr, Milwaukee, WI 53211-4528
- Medical Office Space
- 162,000 SF
- 0.83 lot acres
Property ID
US92-0479538
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
- Dr. Robert Stemberger DDS / Dental Office
- Madison Medical Urology - Water Tower Medical Commons / Medical Clinic
- Plastic Surgery Clinic / Medical Clinic
- Carissa Aboubakare, APNP / Physician
- Ascension Wisconsin Premier Radiology / Medical Clinic
Property Details for 2350 Lk Dr
- Year built
- 2007
- Lot size
- 0.83 lot acres
- Zone code
- PD
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 318-0611-120
- APU
- 3180611120
Description
Water Tower Medical Commons offers exceptional medical office space in Milwaukee, Wisconsin. This five-story, 158,820 square foot building, constructed in 2007, is located at 2350 N Lake Dr, Milwaukee, WI 53211, in Milwaukee County. The property features multiple tenancies, with a minimum divisible space of 3,551 square feet and a maximum contiguous space of 11,870 square feet. Currently, there are five available spaces. The building's location provides convenient access for patients and staff. The building is situated near Columbia St. Mary's hospital, and existing tenants represent a variety of medical specialties including Dermatology, Allergy & Immunology, Gastroenterology, Urology, Obstetrics, and Gynecology. Move-in ready spaces are available, and potential tenants may be eligible for tenant improvement allowances to customize their space. This is a fantastic opportunity for medical professionals seeking a modern, well-located, and established medical office building in a thriving Milwaukee neighborhood. The building offers a professional and efficient environment for medical practices of all sizes.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $31,130,000
- 6.5%
- $28,735,000
- 7%
- $26,680,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $24,116,000
- AI Estimate
- $19,619,000
Market price range: $8.25M - $24.1MMarket price range: $5.81M - $19.6M -
Alternative Use
- Use
- Estimation
- APARTMENT HOUSE (5+ UNITS)
- $41,550,000
- COMMERCIAL (GENERAL)
- $22,990,000
- RESTAURANT
- $20,600,000
- AUTO REPAIR, GARAGE
- $19,325,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Milwaukee
- County
- Milwaukee
- State
- Wisconsin
- Longitude
- -87.8787
- Latitude
- 43.0608
- 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
2023
$1,032,542
$1,263,600
$42,102,300
$43,365,900
-
$0.00
$0.00
$52,103,700
