6815 Capitol DrMilwaukee, WI 53216

  • Office properties
  • 50,336 SF
For Lease
$209.40/SF/YR View listing

Property Details for 6815 Capitol Dr

Year built
1964
Lot size
0.97 AC
Property size (Sq ft)
50,336 SF
Zone code
LB2
Property type
Office properties
Property subtype
Office buildings
APN
264-0194-114
APU
2640194114

Description

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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $9,088,762
    6.5%
    $8,389,627
    7%
    $7,790,368
  • Comparable approach

    Method
    Valuation
    Relative Method
    $5,110,271
    Geo Method
    $6,556,264
  • Alternative Use

    Use
    Valuation
    Residential
    $10,403,137
    Hospitality
    $9,529,218
    Educational
    $7,928,198
    Medical
    $8,200,860
    Retail
    $12,332,751
6815 Capitol Dr, Milwaukee, Wisconsin

Location Insight

City
Milwaukee
County
Milwaukee
State
Wisconsin
Latitude
43.0894
Longitude
-87.9978
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
$31,834
$146,300
$1,190,700
$1,337,000
-
$146,300
$1,190,700
$1,337,000

FAQs

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