Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    347 Ward St Milwaukee, WI 53207-1346
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    347 Ward St Milwaukee, WI 53207-1346

    View on Map
    • Warehouses
    • 8,480 SF
    • 0.20 lot acres
    Off-Market
    Last Sale Dec 31, 2025
    $1,350,000
    Property ID
    US92-0129432
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • The Bindery / Printing Service
    • Historic Wisconsin Book Bindery / Publishing House
    • Milwaukee Unbound Coworking / Coworking & Hybrid Office
    • Milwaukee Unbound: Shared Workspace For Creatives / Coworking & Hybrid Office

    Property Details for 347 Ward St

    Year built
    1944
    Lot size
    0.20 lot acres
    Property size
    8,480 SF
    Zone code
    IM
    Property type
    Warehouses
    APN
    466-0830-100
    APU
    4660830100

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Milwaukee
    County
    Milwaukee
    State
    Wisconsin
    Longitude
    -87.906
    Latitude
    43.0041
    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
    2022
    $7,191
    $72,100
    $124,100
    $196,200
    -
    $72,100
    $124,100
    $196,200

    Comparable in this City

    • Value Estimation
      $16,240,000
      477,195 SF

      427 Stewart St

      WAREHOUSE, STORAGE • 477,195 SF
      427 Stewart St, Milwaukee, WI 53207-1200
      View Details
    • Value Estimation by Request
      1,320 SF

      3009 Kinnickinnic Ave

      WAREHOUSE, STORAGE • 1,320 SF
      3009 Kinnickinnic Ave, Milwaukee, WI 53207
      View Details
    • Value Estimation
      $7,595,000
      193,557 SF

      400 Boden St

      WAREHOUSE, STORAGE • 193,557 SF
      400 Boden St, Milwaukee, WI 53207-6274
      View Details
    • Value Estimation
      $4,215,000
      70,516 SF

      125 Becher St

      WAREHOUSE, STORAGE • 70,516 SF
      125 Becher St, Milwaukee, WI 53207-1109
      View Details
    • Value Estimation
      $1,525,000
      24,540 SF

      2832 5th Ct, Unit 1

      WAREHOUSE, STORAGE • 24,540 SF
      2832 5th Ct, Milwaukee, WI 53207-1472
      View Details
    • Value Estimation
      $10,035,000
      292,410 SF

      500 Oklahoma Ave

      WAREHOUSE, STORAGE • 292,410 SF
      500 Oklahoma Ave, Milwaukee, WI 53207-2649
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      5,700 SF

      St Francis Warehouse For Sale

      5,700 SF warehouse in St Francis, Wisconsin.
      1650 E Bolivar Ave, St Francis, WI 53207
      View Details
    • Contact for pricing
      6,049 SF

      Bay View Warehouse with Redevelopment

      Warehouse in desirable Bay View location with redevelopment potential.
      2349 S Austin St, Milwaukee, WI 53207
      View Details
    • $4,399,000
      96,680 SF

      Milwaukee Warehouse/Manufacturing Facility For Sale

      96,680 SF industrial facility on 8.15 acres in Milwaukee-South.
      2929 S Chase Ave, Milwaukee, WI 53207
      View Details
    • $404,900
      0.07 Acres

      Charming Duplex in Milwaukee

      Desirable Milwaukee duplex with hardwood floors and ample parking.
      2523 S Austin St, Milwaukee, WI 53207
      View Details
    • $319,900
      0.10 Acres

      Milwaukee Duplex in Bay View

      Vacant 3/3 duplex in Milwaukee's Bay View neighborhood.
      3026 S Hanson Ave, Milwaukee, WI 53207
      View Details
    • $430,000
      0.09 Acres

      Updated Milwaukee Triplex Potential

      Updated triplex with Airbnb potential near Bay View amenities.
      1821 E Oklahoma Ave, Milwaukee, WI 53207
      View Details

    Similar Nearby for Lease

    • $3 SF/Yr
      98,000 SF

      High-Bay Warehouse Space Available

      98,000 SF warehouse space available for lease January 2025.
      3832-3898 N 3Rd St, Milwaukee, WI 53207
      View Details
    • Contact for pricing
      25,000 SF

      Warehouse Space with Freeway Access

      Clean warehouse space with high visibility and easy freeway access.
      5315-5317 S 3Rd St, Milwaukee, WI 53207
      View Details
    • Contact for pricing

      Warehouse and Office Space Available

      Warehouse and office spaces available near I-94 and the airport.
      5140 S 3Rd St, Milwaukee, WI 53207
      View Details
    • Contact for pricing
      1,565 SF

      Turnkey Restaurant Space in Bayview

      Restaurant and retail spaces for sale in thriving Bayview.
      2121 S Kinnickinnic Ave, Milwaukee, WI 53207
      View Details
    • Contact for pricing

      Retail Space for Lease

      Retail space available for lease in Milwaukee, Wisconsin.
      2160 S Kinnickinnic Ave, Milwaukee, WI 53207
      View Details
    • Contact for pricing
      4,936 SF

      Retail Space in High-Traffic Area

      Retail spaces available in well-designed strip center near airport.
      938-1020 W Layton Ave, Milwaukee, WI 53207
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    347 Ward St
    Milwaukee, WI 53207-1346
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!