Property profile

12104 Carmen Ave Milwaukee, WI 53225

OFF-MARKET
Warehouses
Property ID
US92-3487522
6,735 SF 1.01 ac lot Built 1997
Entity Owned ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1997
Total area 6,735 SF
Lot 1.01 ac (44,213 SF)
Zoning code IL1
APN 181-0512-000
UPID US92-3487522

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
  • Industrial Manufacturer Production Facility

Location

12104 Carmen Ave Milwaukee, WI 53225-2135
Milwaukee metro Census 501 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
$460k
Comparable Approach Comparable
$738k
Blend (final) Blend
$360k

Owner & transaction history

since 2026
Last sale
$650,000
3 recorded transactions
2026
$650,000
2007
$465,000
2006
Price N/A

Zoning & alternative use

IL1 · 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
Restaurant $855,000 +70.1%
Auto repair, garage $805,000 +59.5%
Retail stores $725,000 +43.9%

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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