833 Michigan StMilwaukee, WI 53202

  • Office properties
  • 362,007 SF
For Lease

Property Details for 833 Michigan St

Year built
2015
Lot size
1.02 AC
Property size (Sq ft)
362,007 SF
Zone code
C9F(A)
Property type
Office properties
Property subtype
Office buildings
APN
396-0491-000
APU
3960491000

Description

Located in the heart of Milwaukee, Wisconsin, 833 East Michigan Street offers exceptional Class A office space. This eighteen-story building boasts a total of 358,000 square feet, with multiple tenancy options available. Individual suites range from a minimum of 2,744 square feet to a maximum contiguous space of 7,342 square feet, providing flexibility for businesses of various sizes. Currently, there are 18,357 square feet of vacant space ready for immediate occupancy. The building features attractive 9' to 6' ceiling heights, creating a spacious and modern work environment. Its prime location in Milwaukee County, with the address 833 E Michigan St, Milwaukee, WI 53202, ensures easy access to major transportation routes and amenities. The building is categorized as both Executive Office and Traditional Office space, catering to a wide range of business needs. This is an excellent opportunity to secure high-quality office space in a desirable Milwaukee location. Contact us today to learn more about available suites and lease terms.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $65,364,660
    6.5%
    $60,336,612
    7%
    $56,026,852
  • Comparable approach

    Method
    Valuation
    Relative Method
    $36,752,104
    Geo Method
    $47,151,412
  • Alternative Use

    Use
    Valuation
    Residential
    $74,817,400
    Hospitality
    $68,532,336
    Educational
    $57,018,096
    Medical
    $58,979,036
    Retail
    $88,694,816
833 Michigan St, Milwaukee, Wisconsin

Location Insight

City
Milwaukee
County
Milwaukee
State
Wisconsin
Latitude
43.0375
Longitude
-87.901
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
$6,703,698
$5,321,900
$85,127,700
$90,449,600
-
$5,321,900
$85,127,700
$90,449,600

FAQs

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