Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    101 103rd W Capitol Dr Milwaukee, WI 53212

    • Warehouses
    • 21,115 SF
    • 0.67 lot acres
    OFF-MARKET
    Value Estimations
    $1,270,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US92-1033295
    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

    • Brodersen Management / Corporate Office

    Property Details for 101 103rd W Capitol Dr

    Year built
    1953
    Lot size
    0.67 lot acres
    Property size
    21,115 SF
    Zone code
    IL2
    Property type
    Warehouses
    APN
    273-1005-000
    APU
    2731005000

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,555,000
      6.5%
      $1,435,000
      7%
      $1,335,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,291,000
      Market price range: $489k - $1.29M
      AI Estimate
      $1,078,000
      Market price range: $396k - $1.12M

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $890,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $1,965,000
      Change: +121% Conversion: Moderate
      OFFICE BUILDING
      $1,675,000
      Change: +88% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $1,600,000
      Change: +81% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Milwaukee
    County
    Milwaukee
    State
    Wisconsin
    Longitude
    -87.9112
    Latitude
    43.0888
    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
    $19,450
    $145,200
    $671,700
    $816,900
    -
    $145,200
    $671,700
    $816,900

    Comparable in this City

    • Value Estimation by Request
      3,338 SF

      3887 3889th N Prt Washington Ave

      WAREHOUSE, STORAGE • 3,338 SF
      3887 3889th N Prt Washington Ave, Milwaukee, WI 53212
      View Details
    • Value Estimation by Request
      4,500 SF

      2532-2534 Martin L King Jr Dr

      WAREHOUSE, STORAGE • 4,500 SF
      2532-2534 Martin L King Jr Dr, Milwaukee, WI 53212
      View Details
    • Value Estimation
      $2,955,000
      162,275 SF

      4353 Richards St

      WAREHOUSE, STORAGE • 162,275 SF
      4353 Richards St, Glendale, WI 53212-1015
      View Details
    • Value Estimation by Request
      4,275 SF

      3530 Palmer St

      WAREHOUSE, STORAGE • 4,275 SF
      3530 Palmer St, Milwaukee, WI 53212-1545
      View Details
    • Value Estimation
      $560,000
      21,481 SF

      2362 Stanley Pl

      WAREHOUSE, STORAGE • 21,481 SF
      2362 Stanley Pl, Milwaukee, WI 53212-3519
      View Details
    • Value Estimation
      $655,000
      32,620 SF

      3851 Hubbard St

      WAREHOUSE, STORAGE • 32,620 SF
      3851 Hubbard St, Milwaukee, WI 53212-1220
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Holton Street Auto Service Building

      1998-built, 7,745 SF building with 9 lifts included.
      3434 N Holton St, Milwaukee, WI 53212
      View Details
    • $3,300,000
      46,767 SF

      Haymarket Square Redevelopment Opportunity

      Large site near downtown Milwaukee with redevelopment potential.
      424 W Cherry St, Milwaukee, WI 53212
      View Details
    • $995,000
      64,230 SF

      Milwaukee Warehouse - $995,000

      64,230 SF Warehouse, Excellent Location
      4301 Richards St, Milwaukee, WI 53212
      View Details
    • $270,000
      0.12 Acres

      Updated Riverwest Duplex Opportunity

      Well-maintained, updated Riverwest duplex, ideal for investors or owner-occupants.
      2438 N Pierce St, Milwaukee, WI 53212
      View Details
    • $190,000
      0.07 Acres

      Riverwest Duplex Opportunity

      Duplex in walkable Riverwest location with strong rental demand.
      600 E Burleigh St, Milwaukee, WI 53212
      View Details
    • $229,000
      2,838 SF

      Milwaukee Investment Opportunity with Daycare

      Cash-flowing property with daycare and apartment in Milwaukee, WI.
      3477 N 2Nd St, Milwaukee, WI 53212
      View Details

    Similar Nearby for Lease

    • $7 SF/Yr
      81,830 SF

      Beerline Crossing Warehouse Space

      Milwaukee Warehouse: Flexible Spaces Available
      4160-4180 Port Washington Rd, Milwaukee, WI 53212
      View Details
    • $8 SF/Yr
      51,466 SF

      Milwaukee Warehouse - 51,466 SF

      Spacious Milwaukee industrial warehouse space available.
      3950 Holton St, Milwaukee, WI 53212
      View Details
    • Contact for pricing
      8,415 SF

      Move-in Ready Warehouse Space

      Warehouse space with new roof and mechanicals, ready for occupancy.
      4200 N Holton St, Milwaukee, WI 53212
      View Details
    • Contact for pricing
      142,338 SF

      Glendale Warehouse Space Available

      142,338 SF warehouse space with upgraded HVAC and lighting.
      4041 N Richards St, Glendale, WI 53212
      View Details
    • Contact for pricing
      22,863 SF

      Versatile Industrial Space in Milwaukee

      Industrial space with modern office in Riverworks Business District.
      3866 N Fratney St, Milwaukee, WI 53212
      View Details
    • Contact for pricing
      5,656 SF

      Customizable Flex Space Available

      Open flex space with high ceilings and truck dock access.
      425 W Walnut St, Milwaukee, WI 53212
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    101 103rd W Capitol Dr
    Milwaukee, WI 53212
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!