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11950 W Lake Park Dr
Milwaukee, WI 53224
Park Place V · Office Property For Sale


INVESTMENT HIGHLIGHTS
- Multi-Tenant Layout
- Ample parking with a generous ratio of 4 stalls per 1,000 square feet, totaling 142 parking spaces
- Flexible space options for an owner/occupant
- Just off Interstate 41 between Good Hope Road and W Bradley Road
EXECUTIVE SUMMARY
11950 W Lake Park Drive is a one-story brick office building spanning 35,749 square feet and is situated on 4.11 acres of land on the northwest side of Milwaukee. Constructed in 1987, the property currently features a multi-tenant layout, providing flexible space options for an owner/occupant that could lease space to third party tenants until their needs expand.
11950 W Lake Park Drive is a one-story brick office building spanning 35,749 square feet and is situated on 4.11 acres of land on the northwest side of Milwaukee. Constructed in 1987, the property currently features a multi-tenant layout, providing flexible space options for an owner/occupant that could lease space to third party tenants until their needs expand.
11950 W Lake Park Drive is a one-story brick office building spanning 35,749 square feet and is situated on 4.11 acres of land on the northwest side of Milwaukee. Constructed in 1987, the property currently features a multi-tenant layout, providing flexible space options for an owner/occupant that could lease space to third party tenants until their needs expand.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
35,749 SF
Building Class
B
Year Built/Renovated
1987/2002
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
35,749 SF
Building FAR
0.20
Lot Size
4.11 AC
Zoning
PD - Planned Development
Parking
142 Spaces (3.97 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
- Fitness Center
- Signage
PROPERTY TAXES
| Parcel Number | 076-0011-000-9 | Improvements Assessment | $393,300 |
| Land Assessment | $329,600 | Total Assessment | $722,900 |
PROPERTY TAXES
Parcel Number
076-0011-000-9
Land Assessment
$329,600
Improvements Assessment
$393,300
Total Assessment
$722,900
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