Financial
Distress signals
Property profile

315 Water St Milwaukee, WI 53204

OFF-MARKET
Warehouses
Property ID
US92-0631021
10,846 SF 0.16 ac lot Built 1890
Last sale Dec 2025 · $1,400,000
Individually Owned Owner of record is an individual. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 10,490 square foot office building, located at 315 S Water Street in Milwaukee's vibrant Third Ward/Walker's Point submarket, presents a unique leasing opportunity. Built in 1890 and extensively renovated in 2024, this Class B property offers a blend of historical charm and modern functionality. The building comprises two stories and features one building with five surface parking spaces. While there are no elevators, the building's layout is easily accessible. The entire…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$12k
Tax billed · 2023
Assessed value$490k
Assessed land$28k
Assessed improvement$462k
Effective rate2.37%

Value estimate

· Sep 2026
$405k
$365k – $446k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$54/SF
Submarket average, outlier-cleaned · 217 recorded sales of this use type
Observed band · Q1–Q3$24 – $83
Qualifying comparables4

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

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: Electrical Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Electrical Service11.4
Locksmith9.5
Auto Parts Store9.4

Location

315 Water St Milwaukee, WI 53204-1453
County assessor Recorded deeds · 1 transfer 4 qualifying comp sales 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
607 6th, Milwaukee, WI 53204-1525 $1,250,000 Feb 2025 14,704 SF
1820 Kinnickinnic, Milwaukee, WI 53204-4027 $875,000 Oct 2022 9,477 SF
131 141st S 1st, Milwaukee, WI 53204-1404 $1,250,000 Jun 2021 11,525 SF
613 2nd, Milwaukee, WI 53204-1616 $1,060,000 Oct 2019 13,943 SF
204 Washington, Milwaukee, WI 53204-2435 $630,000 Mar 2019 17,094 SF
1565 Bruce, Milwaukee, WI 53204-1224 $300,000 Dec 2018 13,185 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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