Entity Owned 
For Lease
1 / 11
Contact for pricing
330 E Kilbourn Ave, Milwaukee, WI 53202
View Listing →
Property summary
AI-generated overview
This 14-story, 495,240-square-foot office complex at 330 E. Kilbourn Avenue in Milwaukee, WI, offers multiple tenancy options. Built in 1984, the property boasts 187,257 square feet of vacant space, divisible into units as small as 340 square feet and up to 20,002 contiguous square feet. The building features a total of 4 parking spaces per 1000 square feet and is conveniently located in downtown Milwaukee, within walking distance of Lake Michigan, the Milwaukee River, and numerous restaurants, bars, entertainment venues, and new apartments. Recent extensive upgrades enhance the tenant experience. The property offers a market-leading amenity package, creating an innovative and flexible work environment. Available spaces range from 340 to 27,505 square feet. The building's prime location in Milwaukee County, Wisconsin, (zip code 53202) makes it an ideal location for businesses seeking a vibrant and convenient urban setting.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1981
Total area
534,786 SF
Lot
1.82 ac (79,105 SF)
Zoning code
C9D(A)
APN
393-0402-100
UPID
US92-0097363
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
-
(Bike/Boat/Book/etc) Store Corporate Office
-
Law Firm
-
(Bike/Boat/Book/etc) Store Corporate Office
-
Dental Office
-
Industrial Manufacturer Production Facility
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$54.70M
Blend (final)
Blend
$42.51M
Owner & transaction history
since 2021
1 recorded transaction
Zoning & alternative use
C9D(A) · Milwaukee, WI
Zoning description
The C9D(A) civic activity district is designed and intended to serve as a regional center for office, governmental, educational, cultural and recreational activities, and retail uses should be limited and should be desig…
General category
CIVIC_INSTITUTIONAL
Top alternative use upside
Commercial (general)
$69.8M
+40.5%
Restaurant
$68.0M
+36.9%
Auto repair, garage
$63.8M
+28.4%
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
6 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Professional Plan · 30 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$42.51M
Value range
$38.25M – $46.76M
±10% around blend
Estimated value / SF
$79 / SF
Confidence
Property data
100
Market benchmarks
100
Comparable evidence
60
Income certainty
100
$38.25M
blend $42.51M
$46.76M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
534,786 SF
Lot area
1.82 ac
Year built
1981
Stories
13
APN
393-0402-100
Zoning
C9D(A)
Assessed value
$49,469,500
Annual tax
$1,177,869
3
Income approach: direct capitalization
Partial preview
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$1,177,869
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$54.70M
Range $27.02M – $79.28M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$42.51M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 18 sales
$93
-14%
Submarket 163 sales
$79
+0%
County 169 sales
$78
+2%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $79/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Commercial (general)
Gross theoretical uplift
+40%
vs current-use indication
Restaurant
Auto Repair, Garage
Medical Building
Neighborhood: Shopping Center
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
NOI build-up · 9 steps
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$80.90M
Move the market yield to see immediate price impact.
Value / SF
$151
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$5.10M
$101.93M
$72.81M
$56.63M
$5.66M
$113.26M
$80.90M
$62.92M
$6.23M
$124.58M
$88.99M
$69.21M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$1,177,869
Tax year 2022
Assessed value
$49,469,500
Assessed 2022
Previous assessed
$40,969,000
+20.7% YoY
Effective rate
2.38%
On assessed value
Assessed land
$3,956,200
Assessed improvement
$45,513,300
Land market value
$3,956,200
Improvement market value
$45,513,300
Total market value
$49,469,500
Applied tax rate
1.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1981
Heating
NONE
Stories
13
Units
579
Total area
534,786 SF
Lot
1.82 ac (79,105 SF)
Zoning code
C9D(A)
APN
393-0402-100
UPID
US92-0097363
Jurisdiction
MILWAUKEE
Zoning & alternative use
C9D(A) · Milwaukee, WIZoning C9D(A) · permitted uses
C9D(A) · Milwaukee, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
The C9D(A) civic activity district is designed and intended to serve as a regional center for office, governmental, educational, cultural and recreational activities, and retail uses should be limited and should be desig…
General category
CIVIC_INSTITUTIONAL
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1981
Heating
NONE
Stories
13
Units
579
Lot
1.82 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
C9D(A)
CIVIC_INSTITUTIONAL
Jurisdiction
Milwaukee, WI
Recorded code
C9D(A)
Official district
C9D(A)
Official district profile
What the municipal code says about C9D(A)
Zoning description
The C9D(A) civic activity district is designed and intended to serve as a regional center for office, governmental, educational, cultural and recreational activities, and retail uses should be limited and should be desig…
General category
CIVIC_INSTITUTIONAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C9D(A) in Milwaukee, WI.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
One complete report on every paid plan · 30 · 300 reports per month.
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 30 · 300 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Get access to Data & Analytics
Choose membership plan that suits your needs
Unlock Full Report
$9
one-time
Single Property Report
Full report includes
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
MOST POPULAR
Professional Plan
$99
/mo
30 property reports a month.
Cancel anytime.
Cancel anytime.
Your membership includes
- 30 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Enterprise Plan
$299
/mo
300 property reports a month.
Cancel anytime.
Cancel anytime.
Your membership includes
- 300 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Unlock Light Report
Free
Confirm your email
and get 1 Light Report
and get 1 Light Report
Light report includes
- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight
Confirm your e-mail to get the report
