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Property profile & analytics
OFF-MARKET Estimated value $2,250,000
Drug stores

1433 Burnham St Milwaukee, WI 53204-3251

14,979 SF 1.24 ac lot Built 2007
Entity Owned 9-yr Hold Free & Clear
Property ID
US92-3289948
Property profile
Verified
Property type Drug stores
Use group DRUG STORE, PHARMACY
Year built 2007
Total area 14,979 SF
Lot 1.24 ac (54,189 SF)
Zoning code NS2
APN 469-3271-000
UPID US92-3289948
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
  • Walgreens Pharmacy
  • Walgreens Photo (Bike/Boat/Book/etc) Store
  • Redbox Cinema (Bike/Boat/Book/etc) Store
  • COVID-19 Drive-Thru Testing at Walgreens Pharmacy
  • Walgreens Pharmacy Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.42M
Comparable Approach Comparable
$2.46M
Blend (final) Blend
$2.25M
Owner & transaction history
Mdc Coast 4 LLC · 9 yrs held
Mdc Coast 4 LLC
since 2016
5 recorded transactions
2016
$5.3M
2007
$6.1M
2007
$2.7M
2007
Price N/A
2006
Price N/A
Zoning & alternative use
NS2 · Milwaukee, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 needs that occur frequently and must, therefore, be located close to residential areas. The character of these districts is intended to be c…

Zone name Neighborhood Shopping Districts
General category COMMERCIAL
Source Master V2
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