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Property profile & analytics
OFF-MARKET Estimated value $5,615,000
Warehouses

11300 Heather Ave Milwaukee, WI 53224-2243

100,298 SF 7.13 ac lot Built 2007
Entity Owned 16-yr Hold Free & Clear
Property ID
US92-0721917
Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2007
Total area 100,298 SF
Lot 7.13 ac (310,583 SF)
Zoning code IL1
APN 039-0352-100
UPID US92-0721917
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
  • Kohls Photo Studio (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$6.83M
Comparable Approach Comparable
$6.19M
Blend (final) Blend
$5.62M
Owner & transaction history
Kohls Value Services INC · 16 yrs held
Kohls Value Services INC
since 2010
2 recorded transactions
2010
$8.9M
2007
$446,300
Zoning & alternative use
IL1 · Milwaukee, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

(IO1 & IO2, IL1 & IL2, IC, IM, IH) 295-801 Purpose 295-803 Uses 295-805 Industrial Design Standards SUBCHAPTER 9 SPECIAL DISTRICTS (PK, TL, PD/DPD, RED) 295-901 Special District Purposes 295-903 Parks District 295-905 Institutional District 295-907 Planned Development District 295-909 Redevelopment District SUBCHAPTER 10 OVERLAY ZONES (NC, IS, DIZ, SP, WL, L…

Zone name Industrial Light
General category INDUSTRIAL
Source Master V2
Top alternative use upside
Neighborhood: shopping center $9.3M +72.3%
Commercial (general) $8.7M +60.6%
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