Property profile

1445 5th St Milwaukee, WI 53212

OFF-MARKET
Other warehouses
Property ID
US92-0998016
45,000 SF 1.25 ac lot Built 1906
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

The property is a loft-style warehouse building totaling approximately 45,000 square feet, originally constructed in 1906–1907. It is located in the Deer District and has a history of industrial and commercial use, including service as a bottling house for the Jung Brewing Company, later as a facility for the Olsen Publishing Company (dairy industry periodicals and publications) from 1925 to 1967, and subsequently as the home of Hein Electric Supply Company. The building is configured for potential reuse either in its current form or for a historic mixed-use redevelopment, with prospective uses including office, retail/showroom, medical, or residential. The property is designed to support occupancy of individual areas, including an approximately 15,000-square-foot available space.

Property profile

Verified
Property type Other warehouses
Use group WAREHOUSE, STORAGE
Year built 1906
Total area 45,000 SF
Lot 1.25 ac (54,406 SF)
Zoning code IL2
APN 361-0242-112
UPID US92-0998016

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1445 5th St Milwaukee, WI 53212-3806
Milwaukee metro Census 14100 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
by Request
Comparable Approach Comparable
$1.56M
Blend (final) Blend
$790k

Owner & transaction history

since 2023
1 recorded transaction
2023
Price N/A

Zoning & alternative use

IL2 · 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

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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