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Property profile & analytics
FOR SALE
Retail space

1201 Historic Mitchell St 1211 Milwaukee, WI 53204-3330

9,833 SF 0.24 ac lot Built 1937
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US92-0579640
Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1937
Total area 9,833 SF
Lot 0.24 ac (10,500 SF)
Zoning code LB2
APN 461-0619-100
UPID US92-0579640
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
  • Dr. Stephen K. Sponagle, MD Physician
  • Family Dollar Discount Store
  • Miller Katherine H Physician
  • Amazon Locker - Zaheer Courier Service Postal Service
  • Southside Community Supprt Program Social Service Agency Charitable Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$750k
CAP Approach CAP
by Request
Comparable Approach Comparable
$666k
Blend (final) Blend
$710k
Owner & transaction history
Bmg Yield Fund II LLC · 3 yrs held
Bmg Yield Fund II LLC
since 2023
Last sale
$545,000
5 recorded transactions
2023
Price N/A
2023
$545,000
2014
$925,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
LB2 · Milwaukee, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

RT4, RT5, RM5, RM6, RM7, RO2, NS2, LB2, LB3, RB2, CS, C9A, IM 2:3 * Note: In RM6, RM7, C9A and IM districts, a private elderly housing project shall have one parking space for every 2 dwelling units; in other zoning districts, a private elderly housing project shall have 2 parking spaces for every 3 dwelling units. Public housing for low-income families and…

Zone name Local Business Districts
General category COMMERCIAL
Source Master V2
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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