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Property profile & analytics
OFF-MARKET Estimated value $765,000
Automotive properties

1010 Layton Ave Milwaukee, WI 53207-5238

4,000 SF 0.58 ac lot Built 2007
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US92-0902852
Property summary
AI-generated overview

IHOP Plaza offers exceptional retail opportunities in a prime Milwaukee County location. This well-designed strip center and pad site boasts two available spaces, ranging from 1,585 square feet to 3,350 square feet, perfect for a variety of uses including restaurants and medical offices. The property enjoys a highly visible position along the heavily trafficked Layton Avenue commercial corridor, ensuring significant exposure to potential customers. Its convenient access to the interstate provides easy accessibility for both employees and patrons. Furthermore, the plaza benefits from its proximity to Mitchell International Airport, attracting a diverse clientele. The center's design prioritizes ease of access and ample parking, enhancing the overall shopping experience. This is an excellent investment opportunity for businesses seeking a high-traffic location with strong visibility and convenient access to major transportation routes. The available spaces present a unique chance to establish or expand a business within a thriving commercial area, capitalizing on the significant foot and vehicle traffic generated by the Layton Avenue corridor and its proximity to the airport. Serious inquiries are encouraged to explore this exceptional retail property.

Property profile
Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Year built 2007
Total area 4,000 SF
Lot 0.58 ac (25,355 SF)
Zoning code LB1
APN 593-9922-000
UPID US92-0902852
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
  • Autosource Motors Inc Car Dealership
  • Lady Jane's Haircuts for Men (W Layton Ave) Barber Shop
  • Airport Liquor (Bike/Boat/Book/etc) Store Wine and Liquor Store
  • Garden Wine & Spirits (Bike/Boat/Book/etc) Store Wine and Liquor Store
  • Western Union Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$782k
Blend (final) Blend
$765k
Owner & transaction history
Patrie Property LLC · 5 yrs held
Patrie Property LLC
since 2021
6 recorded transactions
2025
Price N/A
2021
$40,000
2016
Price N/A
2004
$110,000
2004
Price N/A
1969
Price N/A
Zoning & alternative use
LB1 · Milwaukee, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $690,000 +44.9%
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