Financial
Distress signals
Property profile

2603 Morgan Ave 2609 Milwaukee, WI 53221

OFF-MARKET
Strip malls
Property ID
US92-0475081
5,810 SF 0.25 ac lot Built 1998
Last sale Oct 2021 · $2,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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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?
$18k
Tax billed · 2022
Assessed value$746k
Assessed land$162k
Assessed improvement$584k
Effective rate2.38%

Value estimate

· Sep 2026
$3.25M
$2.93M – $3.58M
AI approach$3.22M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$93/SF
Submarket average, outlier-cleaned · 40 recorded sales of this use type
Observed band · Q1–Q3$36 – $151

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

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 agency26.8
Law Firm26.7
Building Supply15.2

Location

2603 Morgan Ave, Unit 2609 Milwaukee, WI 53221-1463
County assessor Recorded deeds · 6 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 · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5655 27th, Milwaukee, WI 53221-4107 $5,800,000 May 2022 95,000 SF
5306 5328th S 27th, Milwaukee, WI 53221-3724 $3,100,000 Mar 2022 17,487 SF
2022 Layton, Milwaukee, WI 53221-2703 $1,200,000 Nov 2020 9,676 SF
800 Layton, Milwaukee, WI 53221-2427 $595,000 Aug 2020 30,926 SF
5252 5264th S 27th, Milwaukee, WI 53221-3722 $1,665,000 Jul 2020 11,098 SF
3650 3658th S 27th, Milwaukee, WI 53221-1303 $2,065,000 Mar 2020 9,075 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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