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    5321 Green Tree Rd Milwaukee, WI 53223

    • Bars
    • 2,382 SF
    • 0.35 lot acres
    For Sale
    View listing
    $330,000
    Value Estimation
    Last Sale
    Jul 20, 2025
    Location Intelligence
    Property ID
    US92-0132587
    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

    • Regal Begal (formerly New Entertainers) / Bar

    Property Details for 5321 Green Tree Rd

    Year built
    1928
    Lot size
    0.35 lot acres
    Property size
    2,382 SF
    Zone code
    LB1
    Property type
    Bars
    Property subtype
    Pubs
    APN
    139-9882-110
    APU
    1399882110

    Description

    This thriving Milwaukee bar and grill, located in the Graceland neighborhood at 5321 W Green Tree Road, presents a unique investment opportunity. The sale includes the building (2,382 square feet) and the established business, complete with all inventory, furniture, fixtures, appliances, and security cameras. The property sits on a sizable 0.35-acre lot and boasts numerous recent upgrades, including a new roof, select windows, furnaces, and water heaters. The interior features ample space for entertainment, with pool tables, dartboards, and video games. Upstairs, living quarters offer additional potential. Extensive outdoor renovations have created a fantastic entertainment area, featuring a new fence, concrete patio, a stage, outdoor seating, and private cabanas. This expansive backyard provides ample space for summer gatherings. Convenient private parking is located to the west of the building. This turnkey operation is ready for a new owner to continue its success. The property's prime location and recent improvements make it an attractive investment for those seeking a profitable and established business. The sale includes all necessary licenses.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Milwaukee
    County
    Milwaukee
    State
    Wisconsin
    Longitude
    -87.9789
    Latitude
    43.141
    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
    $4,052
    $22,900
    $147,300
    $170,200
    -
    $22,900
    $147,300
    $170,200

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    • Value Estimation
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      8100 Brown Deer Rd

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      View Details

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    Milwaukee, WI 53223
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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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