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Property profile & analytics
OFF-MARKET
Estimated value
$1,010,000
Auto shops
112 68th St Milwaukee, WI 53214-1652
Individually Owned
6-yr Hold
~
Est. High Equity
Property ID
US92-0011190
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1987
Total area
5,142 SF
Lot
0.4 ac (17,500 SF)
Zoning code
LB2
APN
420-0163-110
UPID
US92-0011190
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
-
Valvoline Instant Oil Change Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.01M
Blend (final)
Blend
$1.01M
Owner & transaction history
Aterra 150 112 S 68 St Milwauk · 6 yrs held
Aterra 150 112 S 68 St Milwauk
since 2019
7 recorded transactions
Zoning & alternative use
LB2 · Milwaukee, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$870,000
+42.0%
Restaurant
$655,000
+6.6%
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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$615,000
Current use
APARTMENT HOUSE (5+ UNITS)
$870,000
Change: +42% · Conversion: Difficult
RESTAURANT
$655,000
Change: +7% · Conversion: Difficult
Blend value · Realmo final
$1.01M
Range $909k – $1.11M · ±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
$196 / SF
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
$54,237
Tax year 2022
Assessed value
$2,277,900
Assessed 2022
Previous assessed
$2,277,900
+0.0% YoY
Effective rate
2.38%
On assessed value
Assessed land
$157,500
Assessed improvement
$2,120,400
Land market value
$157,500
Improvement market value
$2,120,400
Total market value
$2,277,900
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1987
Heating
YES
Stories
1
Units
3
Total area
5,142 SF
Lot
0.4 ac (17,500 SF)
Zoning code
LB2
APN
420-0163-110
UPID
US92-0011190
Jurisdiction
MILWAUKEE
Zoning & alternative use
LB2 · Milwaukee, WI
Zoning LB2 · permitted uses
LB2 · 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.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$615,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$870,000
RESTAURANT
Est. value
$655,000
AUTO REPAIR, GARAGE Current
APARTMENT HOUSE (5+ UNITS)
RESTAURANT
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1987
Heating
YES
Stories
1
Units
3
Lot
0.4 ac
Current owner
From public records · entity-resolved
Aterra 150 112 S 68 St Milwauk
Individual
Mailing address
1001 GRAND AVE, WEST DES MOINES, IA 50265-3502
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
Oct 21, 2019
$2,725,000
Aterra 150 112 S 68 St Milwauk
Fenice 112 S 68 Steet LLC
Grant Deed
$2,180,000 · Bank Iowa
Jan 30, 2017
$2,675,000
Fenice 112 S 68th Street LLC
Tein Management LLC Series 2
Grant Deed
—
Aug 9, 2013
—
Tein Management LLC Series 2
May Ling Tein 1998 Declaration Of T
Quit Claim Deed
related
—
May 26, 2006
$2,063,000
Mayling Tein
Cricint I Beta LLC
Special Warranty Deed
$1,550,000 · Farmers Insurance Group FCU
Nov 21, 2005
$1,830,000
Cricint-i Beta LLC
Penn-ten Real Estate LLC
Warranty Deed
—
Nov 21, 2005
—
Great Lakes Quick Lube
—
Grant Deed
related
$1,650,000 · Ashland Branded Fin
—
—
Fenice 112 S 68th Street LLC
—
Deed Of Trust
related
$2,505,622 · Consumers Cooperative Cu
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.
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