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Property profile & analytics
OFF-MARKET
Medical Office Space
1308 Cesar E Chavez Dr Milwaukee, WI 53204-2711
Entity Owned
19-yr Hold
~
Est. High Equity
Property ID
US92-0017964
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1936
Total area
7,882 SF
Lot
0.09 ac (4,012 SF)
Zoning code
LB2
APN
433-0813-000
UPID
US92-0017964
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
-
Zsophis Esthetics Spa & Massage Center Skin Care Clinic
-
Dr. Alicia E. Idler-Perez Pediatrician Medical Clinic
-
Susan Freundl Dental Office
-
Wheaton Fransiscan Medical Group Medical Clinic
-
Kathlene Bruch-Nenn, RDH Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Preito Property Holding 1 LLC · 19 yrs held
Preito Property Holding 1 LLC
since 2007
4 recorded transactions
Zoning & alternative use
LB2 · Milwaukee, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Milwaukee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Milwaukee submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$9,931
Tax year 2022
Assessed value
$417,100
Assessed 2022
Previous assessed
$417,100
+0.0% YoY
Effective rate
2.38%
On assessed value
Assessed land
$16,000
Assessed improvement
$401,100
Land market value
$16,000
Improvement market value
$401,100
Total market value
$417,100
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1936
Heating
YES
Cooling
YES
Stories
1
Units
2
Total area
7,882 SF
Lot
0.09 ac (4,012 SF)
Zoning code
LB2
APN
433-0813-000
UPID
US92-0017964
Jurisdiction
MILWAUKEE
Zoning & alternative use
LB2 · Milwaukee, WI
Zoning LB2 · permitted uses
LB2 · Milwaukee, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Milwaukee. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1936
Heating
YES
Cooling
Yes
Stories
1
Units
2
Lot
0.09 ac
Current owner
From public records · entity-resolved
Preito Property Holding 1 LLC
Entity
Mailing address
1717 W GRN TREE RD UNIT #208, GLENDALE, WI 53209-2960
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 23, 2007
$500,000
Preito Property Holding 1 LLC
Ramon A Gonzalez
Deed
$450,000 · Mwbank
—
—
Prieto Property Holding 1 LLC
—
Deed Of Trust
related
$200,000 · Miscellaneous Govt Agcy
—
—
Prieto Property Holding 1 LLC
—
Deed Of Trust
related
$44,000 · Securant Bk&tr
—
—
Prieto Property Holding 1 LLC
—
Deed Of Trust
related
$200,000 · Miscellaneous Govt Agcy
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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