Financial
Distress signals
Property profile

3860 Palmer St Milwaukee, WI 53212

OFF-MARKET
Other warehouses
Property ID
US92-0058978
16,978 SF 1.32 ac lot Built 1935
Last sale Apr 2023 · $975,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A historic flex property in Milwaukee consisting of approximately 15,400 SF of divisible warehouse and work space, plus approximately 1,600 SF of office and additional retail area. The original structure was constructed in 1927 and underwent restoration in 2006; the building is equipped with modern HVAC, insulation, indoor and outdoor lighting, and security systems. Improvements include two drive-in doors and an exterior loading dock. The 1.32-acre site features a large paved, fully fenced

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?
$7k
Tax billed · 2022
Assessed value$281k
Assessed land$115k
Assessed improvement$166k
Effective rate2.38%

Value estimate

· Sep 2026
$1.27M
$1.14M – $1.40M
AI approach$1.33M
CAP approach$1.16M

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

Recently sold

What actually traded nearby?
$42/SF
ZIP average, outlier-cleaned · 23 recorded sales of this use type
Observed band · Q1–Q3$23 – $61
Qualifying comparables5

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?
IL2
The IL2 district is intended to provide sites primarily for light industrial uses that utilize medium sized buildings and do not have ext...
General categoryINDUSTRIAL
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 agency43.1
Restaurant42.6
Building Supply34.8

Location

3860 Palmer St Milwaukee, WI 53212-1246
County assessor Recorded deeds · 5 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4301 Richards, Milwaukee, WI 53212-1015 $900,000 Dec 2025 21,200 SF
4066 Prt Washington, Milwaukee, WI 53212-1132 $4,100,000 May 2023 18,480 SF
424 Galena, Milwaukee, WI 53212-3828 $635,000 Aug 2022 23,969 SF
1025 Locust, Milwaukee, WI 53212-2637 $625,000 Jul 2022 13,788 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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