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    Property profile & analytics
    FOR LEASE
    Strip malls

    801 E Capitol Dr, Milwaukee, WI 53212

    12,592 SF 1.14 ac lot Built 1988
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US92-1417396
    Property summary
    AI-generated overview

    Park Place offers exceptional retail space for lease in Milwaukee County. This vibrant commercial property boasts a total of 17,273 square feet, with multiple tenancy options available. Two spaces are currently available, offering flexible sizes ranging from a minimum of 1,020 square feet to a maximum contiguous space of 2,200 square feet. A total of 3,220 square feet is currently vacant and ready for immediate occupancy. The property is ideal for businesses seeking a high-visibility location within a thriving commercial area. Lease terms are a minimum of three years. Additional charges include common area maintenance (CAM), insurance, and estimated property taxes, totaling approximately $5.50 per square foot. This prime retail location presents a unique opportunity for businesses to establish or expand their presence in a dynamic market. The flexible space options cater to a variety of business needs, making Park Place an attractive choice for entrepreneurs and established companies alike. Contact us today to learn more about leasing opportunities and explore the possibilities of establishing your business at this exceptional Milwaukee County location. The property's central location and ample square footage provide a strong foundation for success.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 1988
    Total area 12,592 SF
    Lot 1.14 ac (49,484 SF)
    Zoning code LB2
    APN 274-9970-100
    UPID US92-1417396
    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
    • Planned Parenthood - Milwaukee - Capitol Drive Health Center Family Planning Center
    • Tobacco One (Bike/Boat/Book/etc) Store
    • Your Laundry (Bike/Boat/Book/etc) Store
    • Cousins Subs Take-out & Catering
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.90M
    Blend (final) Blend
    $1.42M
    Owner & transaction history
    HERSHEL ABELMAN & INGEBORG
    HERSHEL ABELMAN & INGEBORG
    Zoning & alternative use
    LB2 · Milwaukee, WI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Apartment house (5+ units) $2.3M +98.4%
    Restaurant $1.6M +36.7%
    Auto repair, garage $1.5M +28.2%
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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