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    4860 Fond Du Lac Ave Milwaukee, WI 53216

    • Retail space
    • 960 SF
    • 0.16 lot acres
    For Sale
    View listing
    $120,000
    Value Estimation
    Last Sale
    Feb 27, 2025
    $100,000
    Location Intelligence
    Property ID
    US92-1072045
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Relax N Style / Beauty Salon

    Property Details for 4860 Fond Du Lac Ave

    Year built
    1947
    Lot size
    0.16 lot acres
    Property size
    960 SF
    Zone code
    LB2
    Property type
    Retail space
    APN
    267-0485-000
    APU
    2670485000

    Description

    This Milwaukee commercial property presents a unique dual-income investment opportunity. Located at 4860 W Fond Du Lac Avenue, Unit 4862, this 960-square-foot building sits on a 0.16-acre lot and is priced at $120,000. The property features two established businesses: a thriving hookah bar and a versatile beauty/barber shop. The hookah bar generates a minimum of $800 per night, even on slow nights, and comes fully equipped with all necessary furniture and equipment. The beauty/barber shop boasts four stations and currently brings in $500 per week. Both businesses are turnkey and ready for immediate operation. Adding to the property's appeal is a finished basement with a pool table and lounge area, offering additional income potential through private events or as an extension of the hookah bar. Ample parking is provided by a fenced-in lot with over 25 spaces. This property is ideal for investors seeking established businesses with multiple income streams or entrepreneurs looking for a dual-income investment. The property's location in Milwaukee offers excellent access to local amenities and a strong customer base.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $110,000

    • CAP approach

      CAP return
      Estimation
      6%
      $140,000
      6.5%
      $135,000
      7%
      $140,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $145,000
      Geo Method
      $125,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $135,000
      Retail
      $125,000
      Mixed-Use
      $120,000
      Hospitality
      $135,000
      Educational
      $105,000
      Residential Income
      $140,000
      Energy
      $110,000
      Income-Based Land
      $115,000
      Food Service
      $115,000

    Location Insight

    • Map
    • Local Demand
    City
    Milwaukee
    County
    Milwaukee
    State
    Wisconsin
    Longitude
    -87.974
    Latitude
    43.0886
    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
    $724
    $10,300
    $20,100
    $30,400
    -
    $10,300
    $20,100
    $30,400

    Comparable in this City

    • Value Estimation by Request
      1,656 SF

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    • Value Estimation by Request
      2,570 SF

      4917 4919th W Fond Du Lac Ave

      RETAIL STORES (PERSONAL SERVICES) • 2,570 SF
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    • Value Estimation by Request
      1,180 SF

      4834 4836th W Fond Du Lac Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,180 SF
      4834 4836th W Fond Du Lac Ave, Milwaukee, WI 53216
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    • Value Estimation by Request
      12,960 SF

      3147 3153rd N 31st St, Unit 3153

      RETAIL STORES (PERSONAL SERVICES) • 12,960 SF
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    • Value Estimation
      $135,000
      2,000 SF

      3913 35th St

      RETAIL STORES (PERSONAL SERVICES) • 2,000 SF
      3913 35th St, Milwaukee, WI 53216-2560
      View Details
    • Value Estimation
      $500,000
      19,046 SF

      3319 3329th N 35th St, Unit 3329

      RETAIL STORES (PERSONAL SERVICES) • 19,046 SF
      3319 3329th N 35th St, Milwaukee, WI 53216-3709
      View Details

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    Milwaukee, WI 53216
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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