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Property profile & analytics
OFF-MARKET Estimated value $1,285,000
Warehouses

11248 Ml Rd Milwaukee, WI 53225-1225

14,442 SF 2.18 ac lot Built 1954
Entity Owned 19-yr Hold ~ Est. High Equity
Property ID
US92-0482986
Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1954
Total area 14,442 SF
Lot 2.18 ac (95,135 SF)
Zoning code RS2
APN 146-0321-000
UPID US92-0482986
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
  • New Restoration Christian Church Church
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$980k
Comparable Approach Comparable
$1.58M
Blend (final) Blend
$1.29M
Owner & transaction history
New Restoration Ministries INC · 19 yrs held
New Restoration Ministries INC
since 2006
3 recorded transactions
2006
Price N/A
2005
$200,000
2005
$250,000
Zoning & alternative use
RS2 · Milwaukee, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Single-Family RS1, RS2, RS3, RS4, RS5 and RS6 R/F-1/40, R/F-2/40, R/F-3/40, R/F-4/40 and R/F-5/40 5 Two-Family RT1, RT2, RT3, RT4 and RT5 R/D-1/40, R/C-1/40 and R/E/40 5 Multi-Family RM1 R/D/40 5 Multi-Family RM2 R/C/40 5 Multi-Family RM3 R/D/40, R/D/60 and R/D/85 5 Multi-Family RM4 R/C/40, R/C/60, R/C/85 and R/C/125 5 Multi-Family RM5 R/B/40 5 Multi-Family…

Zone name Single Family Residential Districts
General category RESIDENTIAL
Source Master V2
Top alternative use upside
Restaurant $1.8M +70.1%
Auto repair, garage $1.7M +59.5%
Retail stores $1.6M +43.9%
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