Property profile

120 Melvina St Milwaukee, WI 53212

OFF-MARKET
Auto shops
Property ID
US92-0564643
21,961 SF 0.48 ac lot Built 2007
Entity Owned 11-yr Hold Free & Clear
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Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 2007
Total area 21,961 SF
Lot 0.48 ac (21,107 SF)
Zoning code IL2
APN 273-1991-000
UPID US92-0564643

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Auto Repair Shop

Location

120 Melvina St Milwaukee, WI 53212-1128
Milwaukee metro Census 4400 MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.67M
Blend (final) Blend
$685k

Owner & transaction history

Zoning & alternative use

IL2 · Milwaukee, WI
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 In…

General category INDUSTRIAL
Top alternative use upside
Apartment house (5+ units) $4.1M +54.8%
Restaurant $2.8M +6.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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