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Property profile & analytics
OFF-MARKET
Estimated value
$37,985,000
Grocery and convenience stores
150 Holt Ave 260 Milwaukee, WI 53207-3249
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US92-0610099
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
2005
Total area
197,354 SF
Lot
18 ac (783,949 SF)
Zoning code
CS
APN
537-0711-000
UPID
US92-0610099
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
-
Pro Desk at The Home Depot Big Box & Wholesale Store Building Supply
-
Truck Rental Center at The Home Depot Car Rental Facility
-
Taco Bell Restaurant Take-out & Catering
-
Las 7 Estrellas Food Truck Restaurant
-
The Home Depot Building Supply Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$31.85M
Comparable Approach
Comparable
$46.86M
Blend (final)
Blend
$37.99M
Owner & transaction history
Holt Plaza LLC
Holt Plaza LLC
since 2026
4 recorded transactions
Zoning & alternative use
CS · Milwaukee, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$45.4M
+33.1%
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$34,500,000
6.5%
$31,850,000
7%
$29,575,000
Alternative Use
Use
Estimation
RETAIL STORES
$34,105,000
Current use
APARTMENT HOUSE (5+ UNITS)
$45,390,000
Change: +33% · Conversion: Difficult
Blend value · Realmo final
$37.99M
Range $34.19M – $41.78M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$192 / SF
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
$516,210
Tax year 2022
Assessed value
$21,680,400
Assessed 2022
Previous assessed
$21,680,400
+0.0% YoY
Effective rate
2.38%
On assessed value
Assessed land
$1,799,700
Assessed improvement
$19,880,700
Land market value
$1,799,700
Improvement market value
$19,880,700
Total market value
$21,680,400
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
2005
Heating
NONE
Cooling
YES
Stories
1
Units
7
Total area
197,354 SF
Lot
18 ac (783,949 SF)
Zoning code
CS
APN
537-0711-000
UPID
US92-0610099
Jurisdiction
MILWAUKEE
Zoning & alternative use
CS · Milwaukee, WI
Zoning CS · permitted uses
CS · 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.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$34.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$45.4M
RETAIL STORES Current
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2005
Heating
NONE
Cooling
Yes
Stories
1
Units
7
Lot
18 ac
Current owner
From public records · entity-resolved
Holt Plaza LLC
Entity
Mailing address
413 N 2ND ST STE #100, MILWAUKEE, WI 53203-3110
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
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
Mar 26, 2026
—
Holt Plaza LLC
—
Deed
related
$10,000,000 · Allianz Life Ins Co Of North America
Oct 15, 2018
—
Pacific Bells LLC
—
Grant Deed
related
$425,000,000 · Bank Of America
—
—
Holt Plaza LLC
—
Deed Of Trust
related
$13,860,000 · Miscellaneous Ins Co
—
—
Mssd INC
—
Deed Of Trust
related
$2,500,000 · Commerce St Bk
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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