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Property profile & analytics
FOR LEASE
Parking lots & garages
101 W Pleasant St Milwaukee, WI 53212
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US92-0522043
For Lease
1 / 6
$740,000
101 W Pleasant St, Milwaukee, WI 53212
View Listing →
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Lot
3.71 ac (161,738 SF)
Zoning code
C9G
APN
361-1963-100
UPID
US92-0522043
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
Current use
Occupant on record · Public records
-
My Dwelling Leasing Service Real Estate Agency
-
Milwaukee RiverWalk District Resort
-
Bucks Health and Wellness Weight Loss Service Medical Office
-
West Bend Community Foundation Charitable Organization
-
Aspen Dental Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$740k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$740k
Owner & transaction history
Sp Milwaukee Propcol LLC · 7 yrs held
Sp Milwaukee Propcol LLC
since 2019
7 recorded transactions
Zoning & alternative use
C9G · Milwaukee, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Milwaukee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Milwaukee submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$740,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$740k
Range $666k – $814k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$82,604
Tax year 2022
Assessed value
$3,469,300
Assessed 2022
Previous assessed
$3,469,300
+0.0% YoY
Effective rate
2.38%
On assessed value
Assessed land
$3,239,300
Assessed improvement
$230,000
Land market value
$3,239,300
Improvement market value
$230,000
Total market value
$3,469,300
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Parking lots & garages
Use group
PARKING LOT
Status
For Lease
Heating
NONE
Units
1
Lot
3.71 ac (161,738 SF)
Zoning code
C9G
APN
361-1963-100
UPID
US92-0522043
Jurisdiction
MILWAUKEE
Zoning & alternative use
C9G · Milwaukee, WI
Zoning C9G · permitted uses
C9G · Milwaukee, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Milwaukee. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Units
1
Lot
3.71 ac
Current owner
From public records · entity-resolved
Sp Milwaukee Propcol LLC
Entity
Mailing address
301 COMMERCE ST STE #3300, FORT WORTH, TX 76102-4133
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 24, 2020
—
Sp Milwaukee Proppco1 LLC
—
Deed
related
$114,000 · Wells Fargo Bank NA
Feb 6, 2019
$101,250,000
Sp Milwaukee Propcol LLC
Schlitz Park Associates I LP
Grant Deed
$81,000 · Wells Fargo Bk
Jun 13, 2017
—
1610 N 2nd Street LLC
—
Deed Of Trust
related
$52,000,000 · Us Bk
Aug 4, 2016
—
101 West Pleasant LLC
—
Deed
related
$25,739,422 · Us Bk
Dec 2, 2011
—
Schlitz Park Associates II LP
—
Grant Deed
related
$20,481,000 · Us Bk
—
—
Schlitz Park Associates II LP
—
Loan Modification
related
$45,600,000 · Us Bk
—
—
Schlitz Park Associates II LP
—
Loan Modification
related
$25,739,422 · Us Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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