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    Property profile & analytics

    4301 Richards St Milwaukee, WI 53212

    • Manufacturing properties
    • 47,079 SF
    • 2.14 lot acres
    For Sale
    View listing
    $995,000
    Value Estimation
    Location Intelligence
    Property ID
    US92-1043842
    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

    • Manufacturing properties

    Property Details for 4301 Richards St

    Year built
    1952
    Lot size
    2.14 lot acres
    Property size
    47,079 SF
    Property type
    Manufacturing properties
    APN
    233-1180-000
    APU
    2331180000

    Description

    This 64,230-square-foot warehouse, located at 4301 N Richards St, Milwaukee, WI 53212, is offered at $995,000 ($15.49/SF). Built in 1952/1955, this single-tenant industrial property sits on a 4.88-acre lot and features a 12' to 14' ceiling height. The property includes one loading dock and boasts numerous functional features including floor drains, electric bus bars, vents and fans, a compressor, and airlines throughout. A security system with a Stanley alarm and motion detectors is in place. New windows provide ample natural light. Note that a guard shack and small storage building (excluded from square footage) are on-site, and a lower-level storage area is also excluded from the building's total square footage. The property is zoned IL-2 and benefits from convenient access to I-43 via Capitol Dr. or Hampton Ave. A portion of the property is located within the City of Milwaukee (the majority is in Glendale). The asking price is below assessment. APN: 2420201000, 2331180000, 2331181000. Lease type is NNN.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $775,000

    • CAP approach

      CAP return
      Estimation
      6%
      $770,000
      6.5%
      $855,000
      7%
      $820,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $740,000
      Geo Method
      $860,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $950,000
      Retail
      $765,000
      Mixed-Use
      $835,000
      Hospitality
      $925,000
      Educational
      $715,000
      Residential Income
      $735,000
      Energy
      $705,000
      Income-Based Land
      $905,000
      Food Service
      $935,000

    Location Insight

    • Map
    • Local Demand
    City
    Glendale
    County
    Milwaukee
    State
    Wisconsin
    Longitude
    -87.9083
    Latitude
    43.0945
    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
    $22,547
    $180,000
    $670,700
    $850,700
    -
    $0.00
    $0.00
    $1,025,500

    Comparable in this City

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    • Value Estimation
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    • Value Estimation
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    • Value Estimation
      $460,000
      15,825 SF

      3701 Holton St, Unit 3725

      HEAVY MANUFACTURING • 15,825 SF
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      View Details

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    4301 Richards St
    Milwaukee, WI 53212
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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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