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Property profile & analytics
FOR SALE
Warehouses

1003 W North Ave Milwaukee, WI 53205

50,048 SF 2.51 ac lot Built 1931
Entity Owned 7-yr Hold ~ Est. High Equity
Property ID
US92-3315743
1003 W North Ave, Milwaukee, WI 53205 For Sale
Contact for pricing 50,048 SF
1003 W North Ave, Milwaukee, WI 53205
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Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1931
Total area 50,048 SF
Lot 2.51 ac (109,510 SF)
Zoning code IO2
APN 352-2089-112
UPID US92-3315743
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$640k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.22M
Blend (final) Blend
$640k
Owner & transaction history
Zailoti II LLC · 7 yrs held
Zailoti II LLC
since 2018
6 recorded transactions
2018
$575,000
2018
Price N/A
2018
Price N/A
2008
$350,000
2007
$500,000
1969
Price N/A
Zoning & alternative use
IO2 · Milwaukee, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

(IO1 & IO2, IL1 & IL2, IC, IM, IH) 295-801 Purpose 295-803 Uses 295-805 Industrial Design Standards SUBCHAPTER 9 SPECIAL DISTRICTS (PK, TL, PD/DPD, RED) 295-901 Special District Purposes 295-903 Parks District 295-905 Institutional District 295-907 Planned Development District 295-909 Redevelopment District SUBCHAPTER 10 OVERLAY ZONES (NC, IS, DIZ, SP, WL, L…

Zone name Industrial Office
General category INDUSTRIAL
Source Master V2
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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