Technical
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Distress signals
Property profile

3333 Howell Ave Milwaukee, WI 53207

OFF-MARKET
Medical Office Space
Property ID
US92-1083165
1.07 ac lot
Entity Owned Free & Clear
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Property summary

AI-generated overview

This exceptional single-story retail building, located at 3333 S Howell Ave in Milwaukee, Wisconsin, presents a unique investment opportunity. Boasting 30,670 square feet (20,700 square feet on the first floor and 9,970 square feet of finished lower level), this property sits on a 1.059-acre lot and is zoned LB2. Built in 1969 and extensively renovated in 2013, the building offers modern amenities including a therapy pool, an attractive outdoor courtyard, and a backup generator. The property features full ADA accessibility, ample restrooms, and modern automated building control systems. The building's infrastructure includes gas and electric service from WE Energies, municipal water and sewer, and AT&T broadband/telephony. Multiple 3-phase/4-wire service panels provide ample power (125 to 400 amps per panel). The property is currently configured as a single-tenant space, offering flexibility for a variety of uses, including daycare, educational facilities, healthcare, or adaptive reuse. The asking price is $1,950,000 ($63.58 per square foot). The sale is as-is, where-is, with no post-closing warranties or representations from the seller, and no deed restrictions. Limited on-site surface parking is available. An unfinished 1,630 square foot attic area is excluded from the total square footage. This property offers phenomenal value at a fraction of replacement cost.

Property profile

Verified
Property type Medical Office Space
Use group DENTAL BUILDING
Lot 1.07 ac (46,609 SF)
Zoning code LB2
APN 538-0914-113
UPID US92-1083165

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
  • Social Service Agency

Location

3333 Howell Ave Milwaukee, WI 53207-2743
Milwaukee metro Census 20600 MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$355k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$355k

Owner & transaction history

Zoning & alternative use

LB2 · Milwaukee, WI
Zoning description

RT4, RT5, RM5, RM6, RM7, RO2, NS2, LB2, LB3, RB2, CS, C9A, IM 2:3 * Note: In RM6, RM7, C9A and IM districts, a private elderly housing project shall have one parking space for every 2 dwelling units; in other zoning dist…

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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