Property profile

801 E Capitol Dr Milwaukee, WI 53212

FOR LEASE
Strip malls
Property ID
US92-1417396
12,592 SF 1.14 ac lot Built 1988
Entity Owned Absentee Owner Free & Clear
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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

Current use

Occupant on record · Public records
  • Family Planning Center
  • (Bike/Boat/Book/etc) Store
  • (Bike/Boat/Book/etc) Store
  • Take-out & Catering

Location

801 E Capitol Dr Milwaukee, WI 53212
Milwaukee metro Census 4400 MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA
Google Maps

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

Zoning & alternative use

LB2 · Milwaukee, WI
Zoning description

RT4, RT5, RM5, RM6, RM7, RO2, NS2, LB2, LB3, RB2, CS, C9A, IM 2:3 * Note: In RM6, RM7, C9A and IM districts, a private elderly housing project shall have one parking space for every 2 dwelling units; in other zoning dist…

General category COMMERCIAL
Top alternative use upside
Apartment house (5+ units) $2.3M +98.4%
Restaurant $1.6M +36.7%
Auto repair, garage $1.5M +28.2%

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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