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Property profile & analytics
OFF-MARKET Estimated value $1,850,000
Office buildings

6815 Capitol Dr Milwaukee, WI 53216-2070

50,336 SF 0.97 ac lot Built 1964
Entity Owned 5-yr Hold Absentee Owner Free & Clear
Property ID
US92-1124101
Property summary
AI-generated overview

This exceptional office space, located within the Capitol Business Center at 6815 W Capitol Dr, Milwaukee, WI 53216, offers a prime opportunity for businesses seeking a well-maintained and conveniently located office environment. The building, constructed in 1964 and extensively renovated in 2012, boasts a total of 50,336 square feet across three stories. Currently, 1,100 square feet of immediately available space is perfect for a variety of business needs. This specific suite (309) features three private offices, a dedicated reception area, and a convenient conference room, providing a professional and functional layout. The minimum divisible space is 1,100 square feet, making it ideal for smaller to medium-sized businesses. The Capitol Business Center sits on a 0.96-acre lot and provides ample parking with 60 spaces available for tenants and visitors. The building is zoned LB2 and is conveniently located near the intersection of W Capitol Dr and 68th Street. This is a single-building property offering a traditional office setting. Don't miss this chance to secure your ideal workspace in a well-established Milwaukee location.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1964
Total area 50,336 SF
Lot 0.97 ac (42,384 SF)
Zoning code LB2
APN 264-0194-114
UPID US92-1124101
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Wrap Around Clinic Medical Clinic
  • WALLACE INSURANCE AGENCY Insurance Agency
  • Shaw Law Offices Law Firm
  • Law Offices of James A. Hiller Law Firm
  • Sheek Allure Clothing & Fashion Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.44M
Blend (final) Blend
$1.85M
Owner & transaction history
Terra Properties 7 LLC · 5 yrs held
Terra Properties 7 LLC
since 2020
1 recorded transaction
2020
$63,000
Zoning & alternative use
LB2 · Milwaukee, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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