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Financial
Distress signals
Property profile

422 North 15Th St Milwaukee, WI 53233

FOR LEASE
Other warehouses
Property ID
US92-2782275
15,312 SF 0.17 ac lot Built 1926
Last sale Apr 2017 · $435,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. 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

422 North 15th Street is a multi-tenant, three-story building with a full lower level, located near downtown Milwaukee with access to I-94. The structure uses Milwaukee Cream City brick and timber construction and was completely renovated in 2018, including replacement or upgrades to electrical, plumbing, and HVAC systems. Building amenities include an elevator, updated restrooms, and a programmable exterior lighting system. Parking includes approximately seven on-site spaces plus street…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$31k
Tax billed · 2022
Assessed value$1.32M
Assessed land$22k
Assessed improvement$1.30M
Effective rate2.38%

Value estimate

· Oct 2026
$840k
$756k – $924k
AI approach$505k
CAP approach$1.04M
Submarket $/SF estimate$548k

Realmo valuation models over county records.

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

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?
IC
The IC district is intended primarily for light industrial uses that utilize small and medium sized buildings and do not have extensive o...
General categoryINDUSTRIAL
JurisdictionMILWAUKEE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency24.1
Building Supply21.7
Garden Center13.9

Location

422 North 15Th St Milwaukee, WI 53233
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
321 25th, Milwaukee, WI 53233-2501 $24,700 Feb 2025 16,152 SF
2501 Saint Paul, Milwaukee, WI 53233 $650,000 Apr 2024 15,090 SF
2460 Clybourn, Milwaukee, WI 53233-2516 $650,000 Apr 2022 16,780 SF
1739 Saint Paul, Milwaukee, WI 53233-2632 $485,000 Mar 2020 18,707 SF
2215 Mt Vernon, Milwaukee, WI 53233 $7,400,000 Jul 2019 17,694 SF
254 Emmber, Milwaukee, WI 53233-2638 $1,250,000 Oct 2018 14,228 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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