522 N 2Nd St Milwaukee, WI 53203
For Sale
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This exceptional 1.84-acre development site in Milwaukee's vibrant Westown neighborhood presents a unique investment opportunity. Located at 522 N 2nd St, Milwaukee, WI 53203, this property encompasses two parcels (APN: 3610784100, 3610786110) currently used as surface parking lots, offering significant income potential during the planning phase. The site boasts a prime location, occupying half a city block with frontage on N 2nd St, W Michigan St, and Clybourn St. Its C9F(A) zoning allows for diverse development options, including multifamily residential, office, and hotel uses. The area is experiencing remarkable growth, fueled by major employers like Fiserv, Milwaukee Tool, and Regal Rexnord, along with the forthcoming Iron District MKE, a transformative mixed-use development including an 8,000-seat soccer stadium. This property benefits from exceptional access and connectivity, adjacent to I-794 and within walking distance of public transportation, including bus lines and The Hop streetcar. Proximity to amenities such as food halls, the Riverwalk, and entertainment venues further enhances its appeal. Milwaukee's Downtown Plan 2040 aims to significantly increase downtown's population and employment, positioning this site for substantial long-term growth. The property is offered for sale with 100% ownership. This is an unparalleled chance to capitalize on Milwaukee's dynamic urban revitalization.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C9F(A) · Milwaukee, WIMilwaukee. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.