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Property profile

2950 Oakland Ave Milwaukee, WI 53211

OFF-MARKET
Drug stores
Property ID
US92-0127768
14,823 SF 0.99 ac lot Built 2007
Last sale May 2019 · $8,700,000
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 fee-simple Walgreens retail property includes drive-through equipment and is configured for a triple-net (NNN) style lease structure in which landlord responsibilities are described as limited or none. The site is situated on a signalized hard-corner intersection of Oakland Avenue and Locust Street in Milwaukee, Wisconsin, with direct access onto State Highway 32 and State Highway 190 and proximity to Interstate 43. The surrounding area functions as a dense retail corridor with multiple…

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$2.77M
Assessed land$551k
Assessed improvement$2.22M
Effective rate2.38%

Value estimate

· Nov 2026
$2.09M
$1.88M – $2.30M
CAP approach$2.39M
Submarket $/SF estimate$2.09M

Realmo valuation models over county records and 7 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 comparables7

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: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm25.1
Realty agency20.0
Dental Office19.2

Location

2950 Oakland Ave Milwaukee, WI 53211-3228
County assessor Recorded deeds · 6 transfers 7 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
2907 2911th N Oakland, Milwaukee, WI 53211 $1,375,000 Dec 2025 7,095 SF
4312 Oakland, Shorewood, WI 53211-1645 $2,272,800 Nov 2025 17,224 SF
2420 Capitol, Shorewood, WI 53211-2174 $11,750,000 Oct 2025 4,950 SF
1719 Locust, Milwaukee, WI 53211-3249 $400,000 Nov 2024 3,000 SF
2521 Capitol, Shorewood, WI 53211-2137 $1,150,000 Sep 2022 3,063 SF
1700 Capitol, Shorewood, WI 53211-1910 $495,000 Dec 2020 3,680 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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

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

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