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Property profile

1300 Locust St Milwaukee, WI 53212

OFF-MARKET
Retail space
Property ID
US92-0376115
8,690 SF 0.64 ac lot Built 1962
Entity Owned Absentee Owner ~ Est. High Equity

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1962
Total area 8,690 SF
Lot 0.64 ac (27,851 SF)
Zoning code NS2
APN 315-9986-111
UPID US92-0376115

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
  • Discount Store
  • Bank Credit Union

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$901k
Blend (final) Blend
$855k

Owner & transaction history

since 2025
Last sale
$800,000
5 recorded transactions
2025
$800,000
2013
$875,000
2009
$265,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

NS2 · Milwaukee, WI
Zoning description

1. NEIGHBORHOOD SHOPPING DISTRICTS (NS1-NS2). These districts provide for residential uses as well as commercial uses that serve the neighborhood. Such commercial uses are necessary to satisfy basic shopping and service…

General category COMMERCIAL
Top alternative use upside
Restaurant $1.1M +73.9%
Auto repair, garage $1.0M +63.1%
Medical building $895,000 +40.7%

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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