Technical
Financial
Distress signals
Property profile

435 Water St Milwaukee, WI 53204

OFF-MARKET
Medical Office Space
Property ID
US92-2251210
11,845 SF 1.27 ac lot Built 2017
Entity Owned 8-yr Hold Free & Clear
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2017
Total area 11,845 SF
Lot 1.27 ac (55,321 SF)
Zoning code IM
APN 429-0441-000
UPID US92-2251210

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
  • Medical Clinic

Location

435 Water St Milwaukee, WI 53204-1645
Milwaukee metro Census 186500 MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.10M
Comparable Approach Comparable
$1.76M
Blend (final) Blend
$1.77M

Owner & transaction history

Zoning & alternative use

IM · Milwaukee, WI
Zoning description

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 all T districts 9 Planned Development PD and DPD GPD and DPD 9 Redevelopment RED non…

General category INDUSTRIAL
Top alternative use upside
Retail stores $1.9M +56.4%
Auto repair, garage $1.4M +15.9%
Apartment house (5+ units) $1.3M +4.8%

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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