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Property profile & analytics

6114 Capitol Dr Milwaukee, WI 53216-2147

  • Office buildings
  • 17,226 SF
  • 0.28 lot acres
OFF-MARKET
Last Sale
Jun 30, 2022
$695,000
Value Estimations
$795,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US92-3364594
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.

Current Use by Public Records

  • Crump Law Firm, LLC / Law Firm
  • Wisconsin Neurology / Medical Clinic / Neurologist
  • Dr. Virendra K. Misra / Neurologist
  • Adorable Home Healthcare, LLC. / Home Health Care Service
  • Best Choice Appraisals Inc / Appraiser

Property Details for 6114 Capitol Dr

Year built
1965
Lot size
0.28 lot acres
Property size
17,226 SF
Zone code
LB2
Property type
Office buildings
APN
250-0319-000
APU
2500319000

Description

This exceptional 1,600-square-foot office suite, located at 6114 W Capitol Dr in Milwaukee, WI 53216, presents a fantastic opportunity for businesses seeking a versatile and conveniently located workspace. Situated within a 13,000-square-foot, two-story building constructed in 1955 and extensively renovated in 2021, this Class C property offers a blend of modern amenities and classic charm. The suite itself boasts a spacious open-plan area, perfect for collaborative work environments, complemented by two private offices ideal for individual focus or executive functions. A private bathroom within the suite adds to its convenience and privacy. The space features carpeted floors, reflecting the recent renovations. The building's prime location offers unparalleled accessibility, situated directly adjacent to public bus routes, ensuring easy commutes for employees and clients. Furthermore, the proximity to a variety of shopping and dining options provides added convenience and enhances the overall work-life balance. The building offers 15 total parking spaces for tenants and visitors, although there are no elevators. This single-tenant space is perfect for a variety of businesses, including traditional office setups, coworking spaces, or creative office environments. Don't miss this chance to secure a well-appointed and strategically located office suite in a thriving Milwaukee neighborhood.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $840,000
    ML approach
    $850,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $660,000
    Market price range: $399k - $900k
  • Alternative Use

    Use
    Estimation
    OFFICE BUILDING
    $1,365,000
    Current use
    RETAIL STORES
    $1,340,000
    Change: -2% Conversion: Moderate

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


Location Insight

  • Map
  • Local Demand
City
Milwaukee
County
Milwaukee
State
Wisconsin
Longitude
-87.9888
Latitude
43.0903
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
$14,636
$42,000
$572,700
$614,700
-
$42,000
$572,700
$614,700
More about this property
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