Property profile

620 76th St Milwaukee, WI 53214

OFF-MARKET
Office buildings
Property ID
US92-0749106
113,300 SF 5.6 ac lot Built 1948
Entity Owned 3-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional sublease opportunity presents 19,435 square feet of traditional office space located at 620 S 76th Street in Milwaukee, Wisconsin, within Milwaukee County, zip code 53214. The property is comprised of three total suites, offering flexible space options. Individual suites range from a minimum of 3,910 square feet to a maximum contiguous space of 9,907 square feet, allowing for businesses of various sizes to find a suitable fit. Currently, the entire 19,435 square feet is available for sublease. This prime location in West Allis offers convenient access to major transportation routes and amenities. The property's traditional office layout provides a professional and functional workspace, ideal for a variety of businesses. Interested parties are encouraged to inquire about the specifics of this sublease opportunity and explore the possibilities of establishing their business in this well-situated Milwaukee location. The property is categorized as a traditional office space and is suitable for multiple tenants.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1948
Total area 113,300 SF
Lot 5.6 ac (243,849 SF)
Zoning code IL1
APN 419-0731-000
UPID US92-0749106

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
  • Physician
  • Foster Care Service Social Service Agency
  • Physician
  • Counselor
  • Counselor

Location

620 76th St Milwaukee, WI 53214-1599
Milwaukee metro Census 12900 MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$10.12M
CAP Approach CAP
by Request
Comparable Approach Comparable
$13.93M
Blend (final) Blend
$17.67M

Owner & transaction history

since 2022
Last sale
$14.6M
7 recorded transactions
2022
$14.6M
2020
Price N/A
2015
$14.5M
2008
$776,900
2005
$2.1M
1969
Price N/A
1969
Price N/A

Zoning & alternative use

IL1 · Milwaukee, WI
Zoning description

(IO1 & IO2, IL1 & IL2, IC, IM, IH) 295-801 Purpose 295-803 Uses 295-805 Industrial Design Standards SUBCHAPTER 9 SPECIAL DISTRICTS (PK, TL, PD/DPD, RED) 295-901 Special District Purposes 295-903 Parks District 295-905 In…

General category INDUSTRIAL
Top alternative use upside
Apartment house (5+ units) $19.2M +113.9%
Restaurant $14.4M +60.5%
Auto repair, garage $13.5M +50.6%

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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