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Property profile & analytics
OFF-MARKET Estimated value $2,810,000
Warehouses

1526 1556th S 1st St 1556 Milwaukee, WI 53204-2924

92,912 SF 2.56 ac lot Built 1928
Entity Owned 12-yr Hold Absentee Owner Free & Clear
Property ID
US92-0822563
Property profile
Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1928
Total area 92,912 SF
Lot 2.56 ac (111,731 SF)
Zoning code IO2
APN 462-1228-112
UPID US92-0822563
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.41M
Blend (final) Blend
$2.81M
Owner & transaction history
Arec 19 LLC · 12 yrs held
Arec 19 LLC
since 2013
2 recorded transactions
2013
$4.6M
2008
$2.3M
Zoning & alternative use
IO2 · Milwaukee, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Institutional District 295-907 Planned Development District 295-909 Redevelopment District SUBCHAPTER 10 OVERLAY ZONES (NC, IS, DIZ, SP, WL, L…

Zone name Industrial Office
General category INDUSTRIAL
Source Master V2
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