Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

2222 W Capitol Dr Milwaukee, WI 53209

FOR SALE
Drug stores
Property ID
US92-0686054
14,390 SF 1.64 ac lot Built 1998
Last sale Jan 2019 · $3,925,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 14,171 square foot Walgreens convenience store located at 2222 W Capitol Dr, Milwaukee, WI 53206. The property boasts a prime corner location with over 34,000 vehicles passing daily, ensuring high visibility and accessibility. Built in 1998, this retail space benefits from a 25-year lease with Walgreens, a Fortune 500 company, with approximately 3.2 years remaining. The current lease generates a substantial NOI of $275,310, representing an…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$66k
Tax billed · 2022
Assessed value$2.75M
Assessed land$1.09M
Assessed improvement$1.66M
Effective rate2.38%

Value estimate

· Nov 2026
$2.41M
$2.16M – $2.65M
CAP approach$2.32M
Submarket $/SF estimate$2.65M
NOI build-up
Gross scheduled income$247k
Vacancy & credit loss−$22k
Operating expenses−$67k
NOI · 5.61% cap applied$157k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$108/SF
Submarket average, outlier-cleaned · 297 recorded sales of this use type
Observed band · Q1–Q3$49 – $184
Qualifying comparables5

Cap rate analysis

How does the asset earn?
5.61%
$157k 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?
LB2
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 pr...
General categoryCOMMERCIAL
JurisdictionMILWAUKEE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency38.9
Law Firm36.6
Dental Office31.9

Location

2222 W Capitol Dr Milwaukee, WI 53209
County assessor Recorded deeds · 4 transfers 5 qualifying comp sales 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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3746 Teutonia, Milwaukee, WI 53206-2420 $98,000 Feb 2024 3,862 SF
1301 Atkinson, Milwaukee, WI 53206-2920 $600,000 Oct 2023 9,135 SF
1120 Burleigh, Milwaukee, WI 53206-2756 $165,000 Oct 2022 4,445 SF
2322 Oak, Milwaukee, WI 53206-1543 $1,651,600 May 2022 19,980 SF
3565 3567th N Teutonia, Milwaukee, WI 53206 $175,000 Apr 2020 3,138 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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