Financial
Distress signals
Property profile

3832 N 3Rd St Milwaukee, WI 53212

FOR SALE
Manufacturing properties
Property ID
US92-0706590
431,511 SF 12.94 ac lot Built 1945
Last sale Jan 2022 · $3,600,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Industrial warehouse space in a clean, high-bay configuration offers a flexible total footprint of approximately 20,000–98,000 SF. The layout includes about three-quarters of the space with 28-foot clear height, four dock doors with levelers, and one drive-in door. Building systems and amenities include a wet sprinkler system, skylights, and heavy electrical service (noted as 3-phase/480V power, TBV). The space is suitable for food-grade use, with racking potentially available depending on the

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$68k
Tax billed · 2022
Assessed value$2.72M
Assessed land$396k
Assessed improvement$2.33M
Effective rate2.49%

Value estimate

· Sep 2026
$4.36M
$3.92M – $4.79M
AI approach$4.30M
NOI build-up
Gross scheduled income$536k
Vacancy & credit loss−$26k
Operating expenses−$76k
NOI · 14,444,133.33% cap applied$433k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$54/SF
Submarket average, outlier-cleaned · 50 recorded sales of this use type
Observed band · Q1–Q3$26 – $86

Cap rate analysis

How does the asset earn?
14,444,133.33%
$433k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
IL2
The IL2 district is intended to provide sites primarily for light industrial uses that utilize medium sized buildings and do not have ext...
General categoryINDUSTRIAL
JurisdictionMILWAUKEE

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm18.3
Realty agency14.3
Dental Office12.4

Location

3832 N 3Rd St Milwaukee, WI 53212
County assessor Recorded deeds · 8 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3879 Richards, Milwaukee, WI 53212-1247 $1,100,000 Feb 2025 30,400 SF
4041 Richards, Glendale, WI 53212-1232 $2,931,000 Aug 2024 165,225 SF
1025 Locust, Milwaukee, WI 53212-2637 $625,000 Jul 2022 13,788 SF
555 Estabrook, Glendale, WI 53212-1066 $5,000,000 Jun 2021 82,900 SF
3930 1st, Milwaukee, WI 53212-1237 $750,000 Mar 2021 10,331 SF
4180 Lydell, Glendale, WI 53212-1018 $548,000 May 2019 11,895 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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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?”
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